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$340,769

NAL Estimated Property Value

3022 Bayou Dr, La Porte, TX, 77571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,556 Sq Ft
price_per_sqft$107.59 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size13,743 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APN0972150000007
Lot Number7
SubdivisionShady River
Land UseResidential
Legal DescriptionLT 7 BLK 5 SHADY RIVER SEC 2
Census Tract341800
Assessed Land Value$55,002
Assessed Improvement Value$285,767
Assessment Year2025

About this property

Priced well below market. Handyman Special but with tons of potential with unique, custom extras. Downstairs has been updated and upstairs is cosmetic repairs only. Please come look as this home is situated on a huge lot with tons of privacy. Shady River subdivision has lots of extras with close proximity to water and nature. Community pool and subdivision park. Access to Kayaking and fishing for all. The neighborhood is so quaint and quiet. The perfect place to relax. Living space is massive and remarkable! Come have a look. The home currently has a building that is being used for storage but could easily be converted to a Mother in Law quarters with bedroom, bathroom, and smaller kitchen. Or convert the building to a man cave or she shed. Pool has been maintained for years but has not been swam in for many many years. Newer double pane windows with hurricane shutters some electric others hand crank. With some TLC this could be the perfect opportunity to immediately have equity.

Investor Tools

Property Icon
$340,769
Estimated Property Value
$372,456Estimated Mortgage Balance
$340,769Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,045 /month
Positive
Cash Flow Estimate:
$682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$209
$340,769
2025
$55,002
$285,767
$340,769
No

Tax History

Year
Tax Paid
Assessed Value
2024
$209
$340,769

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Fha
$370,662
Yes
First
Sep 10, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,456
N/A
0%
109%
$2,303/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,603/mo
$-377/mo
7.8%

City: La Porte

3022 Bayou Dr | Property Details | No Agent List