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$220,115

317 S Drift St, LA FERIA, TX, 78559

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.74 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,370 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces1

Land Information

APN85-5365-0020-0180-00
Lot Number18
SubdivisionNorthwind Estates Subdivision
Land UseReal Property Single Family
Legal DescriptionNORTHWIND ESTATES SUBDIVISION BLK 2 LOT 18 (2024 PLAT C1-4716 CCMR FILED 11/29/2023)
Census Tract011903
Assessed Land Value$49,024
Assessed Improvement Value$171,091
Assessment Year2025

About this property

Presenting another beautiful, affordable NEW Home at NorthWind Estates in La Feria ,Tx ! Currently under construction. This new home will feature modern design, open floor plan, ceramic tile throughout, quartz countertops, indoor laundry and 1car garage. The home will include 2-10 warranty . Also included in the front yard only will be a tree, sod , and sprinkler system. Don't miss out on this incredible opportunity! Priced affordably! Don't miss out ! Photos will be updated as construction progresses. Current photos are digital renditions.

Investor Tools

Property Icon
$220,115
Estimated Property Value
$218,800Estimated Mortgage Balance
$2,901Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,321 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,276
$220,115
2025
$49,024
$171,091
$220,115
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,276
$220,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$218,800
Yes
First
Nov 26, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,214
$2,901
1%
99%
$1,312/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: LA FERIA

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317 S Drift St | Property Details | No Agent List