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$215,000

305 Miles Road, Bacliff, TX, 77518

On MarketInfo
Just AddedInfo
Beds— Beds
Baths1 Bath
Baths1,225 Sq Ft
price_per_sqft$175.51 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
FlooringVinyl

Exterior

Lot Size7,828 sqft

Building Information

Year Built1965
Stories1
Roof Type105

Land Information

APN2985-0006-0001-000
Lot Number1
SubdivisionDerrick J W
Land UseResidential
Legal DescriptionABST 153 J MILES SUR LOT 1 BLK 6 J W DERRICK
Census Tract721600
Assessed Land Value$11,740
Assessed Improvement Value$120,250
Assessment Year2025

About this property

Investor Opportunity or Perfect House Hack! Don't miss this turn-key duplex (Each unit a 2/1) property offering flexibility, income potential, and recent updates throughout. Whether you're looking to grow your investment portfolio or living in one unit and renting the other, this property checks all the boxes. Recent improvements include a new roof (2024), fresh interior paint, new flooring, and remodeled bathrooms with updated showers. Located in a rapidly developing area with strong rental demand, this property offers immediate income potential and long-term upside. A rare opportunity for investors and owner-occupants alike, schedule your private showing today!

Investor Tools

$144,375Estimated Mortgage Balance
$88,625Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

Interested in this property?

Shannon Hall

Gulf Coast, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,250
$131,990
2025
$11,740
$120,250
$131,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,250
$131,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Bank
Commercial
$158,400
No
First
Oct 20, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,375
$88,625
38%
62%
$950/mo

City: Bacliff

305 Miles Road | Property Details | No Agent List