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B+
NoAgentList RatingHow are grades calculated?Info
Days151Days on Market
Views1view
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$525,000

$535,000

2918 Fm-2031, Matagorda, TX, 77457

$591,200 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths1,534 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$342.24 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Oven, Washer
FlooringVinyl

Exterior

Exterior FeaturesDock
Lot Size1,059 sqft

Building Information

Year Built2015

Land Information

APN94157
Lot Number5
Land UseResidential
Legal DescriptionWATERFRONT S/D, BLOCK 1, LOT 5, (PT LT 58 COL RIVER EST SEC 2)
Census Tract730502
Assessed Land Value$113,340
Assessed Improvement Value$276,370
Assessment Year2025

About this property

This property is on the Colorado River and has bay views from front and rear decks. this property is great for a weekend home and or a rental. It has only been a seasonal home for private use. There is a shared water well and the property is on a municipal sewage system. This property is in a great location on the river and can also be used as a rental property. There is ground floor storage under the home. There is excellent fishing off the private dock. There is an additional 520 sq. ft. lot that is included with the house making the total lot size 1579 sq. ft.

Investor Tools

$196,553Estimated Mortgage Balance
$287,447Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$591,199
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

James Davant

Matagorda Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,264
$389,710
2025
$113,340
$276,370
$389,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,264
$389,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Arm (Adjustable Rate Mortgage)
$250,400
No
First
Apr 7, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,553
$287,447
59%
41%
$1,345/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: Matagorda

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2918 Fm-2031 | Property Details | No Agent List