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$144,000

NAL Estimated Property Value

309 Bank Drive, Galena Park, TX, 77547

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,039 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.74 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,007 sqft

Building Information

Year Built1951
Stories1
Garage Spaces2

Land Information

APN0771950150050
Lot Number50
SubdivisionGalena Manor
Land UseResidential
Legal DescriptionLT 50 BLK 15 GALENA MANOR
Census Tract233701
Assessed Land Value$56,156
Assessed Improvement Value$60,562
Assessment Year2025

About this property

NICE 3 BEDROOM HOME FENCED YARD TILE AND WOOD FLOORS. TENANT OCCUPIED THROUGH 12/31/21 AT $800/MONTH. INVESTORS ONLY.

Investor Tools

Property Icon
$144,000
Estimated Property Value
$91,319Estimated Mortgage Balance
$52,681Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$864 /month
Positive
Cash Flow Estimate:
$288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,044
$116,718
2025
$56,156
$60,562
$116,718
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,044
$116,718

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jkmd Homes Llc
Purchase Money Mortgage
$100,000
No
First
Oct 29, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,319
$52,681
36%
63%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$600/mo
+$1,122/mo
14.3%

City: Galena Park

309 Bank Drive | Property Details | No Agent List