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$249,900

2642 Cedar Dr, La Marque, TX, 77568

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.22 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher
FlooringLaminate, Vinyl Plank

Exterior

Lot Size34,783 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces3

Land Information

APN2775-0006-2600-005
SubdivisionCook & Stewart
Land UseResidential
Legal DescriptionABST 150 J D MOORE SUR PT OF BLK 26 (2600-5) DIV F COOK & STEWART SUB
Census Tract723000
Assessed Land Value$13,280
Assessed Improvement Value$196,500
Assessment Year2025

About this property

This extensively updated property offers the peace and privacy of a spacious 0.79-acre lot with mature trees and a wooded backyard setting, all while providing convenient access to Hwy 45. The main home features 3 bedrooms and 2 fully remodeled bathrooms, plus a separate exterior bonus bedroom that offers flexible space for guests, a home office, studio, or additional living needs. Major improvements include a new foundation (2024), PEX plumbing and sewer lines (2022), HVAC (2022), water heater (2022), electrical service panel (2026), and new flooring throughout (2026). The kitchen features granite countertops, updated cabinetry, and lighting installed in 2022. Both bathrooms offer solid-surface countertops, with a tile-surround shower in the primary bath. The exterior was fully reconstructed and remodeled in 2022. Enjoy the covered patio and a 15' x 15' covered carport. A rare opportunity combining extensive updates, flexible living space, and nearly an acre of land.

Investor Tools

$164,963Estimated Mortgage Balance
$44,817Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Megan Speir

American Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,012
$209,780
2025
$13,280
$196,500
$209,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,012
$209,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amp Lending
Conventional
$176,400
No
First
Feb 14, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,963
$44,817
21%
79%
$1,058/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: La Marque

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2642 Cedar Dr | Property Details | No Agent List