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$465,000

311 Gulfton Dr, Portland, TX, 78374

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,606 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.43 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Disposal
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size14,985 sqft

Building Information

Year Built1990
Roof Type105
Garage Spaces3

Land Information

APN1094-0005-0009-000
Lot Number9
SubdivisionNorth Shore Unit 2
Land UseResidential
Legal DescriptionNORTH SHORE UNIT 2 BLK 5 LOT 9
Census Tract010603
Assessed Land Value$84,750
Assessed Improvement Value$299,250
Assessment Year2025

About this property

You will fall in love with this beautifully maintained home featuring two spacious primary suites, an oversized 2.5-car garage, and exceptional curb appeal with mature trees and professionally landscaped grounds filled with blooming plants and fruit trees. Inside, enjoy soaring ceilings, abundant natural light, double-paned windows, a gas fireplace, walk-in closets, and a luxurious primary bath with dual sinks and a jetted tub. The open and inviting single story layout flows seamlessly to the expansive covered patio stretching across the back of the home, perfect for relaxing or entertaining. Recent updates include fluted accents and crown molding. Tucked away in a cul de sac gives you versital options with the larger lot. OPEN HOUSE THIS SUNDAY May 24th from 2-4!!!

Investor Tools

$238,339Estimated Mortgage Balance
$165,661Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,181
$384,000
2025
$84,750
$299,250
$384,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,181
$384,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$263,000
No
First
Jul 21, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,339
$165,661
41%
59%
$1,577/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.

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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: Portland

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311 Gulfton Dr | Property Details | No Agent List