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B+
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$295,000

315 Sea Gate Dr, Portland, TX, 78374

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,061 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.08 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size7,144 sqft

Building Information

Year Built1984
Roof Type109
Garage Spaces2

Land Information

APN1094-0001-0024-000
Lot Number24
SubdivisionNorth Shore Unit 2
Land UseResidential
Legal DescriptionNORTH SHORE UNIT 2 BLK 1 LOT 24
Census Tract010603
Assessed Land Value$56,414
Assessed Improvement Value$229,497
Assessment Year2025

About this property

This well-maintained home is seeking a new family to shelter! Located on a quiet bend in Portland's Northshore neighborhood, you'll find great neighbors as you follow shady sidewalks around the area, as well as parent-favorite East Cliff Elementary, and several City of Portland parks nearby. Once at home, you'll love the functional open concept floor plan with the flexibility of multiple areas for living and dining. A traditional family room welcomes you with a wood burning fireplace and tall modern windows that fill the home with natural light. Neat shelving and cabinetry built-ins dress up the living and dining spaces, providing you with a spot to display your favorite photos, and storage for china, toys, or games. In the back of the home, a sunny room adjacent to the kitchen could be an informal dining space, a breakfast nook, or a study. The kitchen is the true heart of the home, and open to all the living areas, keeping the cook connected with the activity in the household. The primary bedroom suite is located on the first level for convenience, and is spacious, with a walk in closet and a modernized and stylish en suite bathroom. A great zero entry oversized shower with a bench seat boasts beautiful tile and NO glass to clean, while elegant soft gold fixtures grace the vanity. Upstairs, two bedrooms share a hall bathroom, which is divided for privacy, making it easy to share. The loft space completes the upper level, and makes a great playroom, or office, overlooking the family room below, or could be easily framed in to create that fourth bedroom you're seeking! There are TWO HVAC systems, one for upstairs and one for downstairs, so everyone stays comfortable year 'round, and efficiency is enhanced with recently updated windows throughout. A serene fenced backyard includes a shady porch with a swing for relaxing, and a garden shed, as well. Visit this tidy home and see all it offers today!

Investor Tools

Property Icon
$295,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$58,867Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,467
$285,911
2025
$56,414
$229,497
$285,911
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,467
$285,911

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$240,000
No
First
May 8, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,133
$58,867
19%
80%
$1,439/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: Portland

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315 Sea Gate Dr | Property Details | No Agent List