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$330,000

321 Pacific Dr, Portland, TX, 78374

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,831 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.23 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Range Hood
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Lot Size6,882 sqft

Building Information

Year Built2011
Roof Type105
Garage Spaces2

Land Information

APN0027-8013-0061-000
Lot Number61
SubdivisionBay Ridge Subd Unit 8
Land UseResidential
Legal DescriptionBAY RIDGE SUBD UNIT 8 BLK 13 LOT 61
Census Tract010700
Assessed Land Value$68,953
Assessed Improvement Value$238,257
Assessment Year2025

About this property

Looking to make your move to the highly desirable Bay Ridge subdivision in Portland, Texas? This beautiful 4-bedroom, 2-bathroom home offers the perfect blend of comfort, convenience, and low-maintenance living. Built in 2011 and meticulously maintained, this home features fresh exterior paint, a new roof installed at the end of 2025, and several new appliances. Conveniently located near top-rated schools, the country club, shopping, and with easy freeway access, it truly checks all the boxes. Enjoy your morning coffee on the welcoming front porch or spend evenings grilling and relaxing on the back patio. You'll love being part of the Portland community, known for its highly regarded schools, growing amenities, and proximity to the Texas coast and other nearby attractions. This move-in-ready home is waiting for its next owner. Schedule your private tour today!

Investor Tools

$201,363Estimated Mortgage Balance
$105,847Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Matthew Forrester

RE/MAX ELITE

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,465
$307,210
2025
$68,953
$238,257
$307,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,465
$307,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sirva Mortgage Inc
Conventional
$223,500
No
First
May 12, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,363
$105,847
34%
66%
$1,340/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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