Last 24 Hours
$299,000
2681 61st Street, Port Arthur, TX, 77640
On Market
4 Beds
2 Bath
Single Family Residence
Built in 1988Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2Exterior
Lot Size2.32 acres
Building Information
Garage Spaces1
Land Information
APN053300-000-058500-00000
Lot Number9
SubdivisionPort Acres
Land UseCommercial
Legal DescriptionE 240' OF LT 9 BLK 8 PORT ACRES TR 2 LESS SE CRN TR 2 LESS SE CRN
Census Tract007100
Assessed Land Value$80,717
Assessed Improvement Value$130,548
Assessment Year2025
About this property
Excellent income-producing opportunity featuring four separate residences on one property. Main home is a 4/2, plus a 3/2 mobile home, additional 2/1 unit, and 1/1 cabin. Ideal for investors seeking multiple rental streams or multi-generational setup. Strong cash flow potential. Please do not disturb tenants. Showings by appointment only. Buyer to verify room dimensions, square footage, and all rental information independently.
Investor Tools
$144,376Estimated Mortgage Balance
$66,889Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,575
$211,265
2025
$80,717
$130,548
$211,265
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,575
$211,265
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Realty Holdings Llc
Purchase Money Mortgage
$150,000
No
First
May 14, 2024
Mar 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,376
$66,889
31%
68%
$900/mo
12.4%