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$400,000

3301 Luella Ave, Deer Park, TX, 77536

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths1,912 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.21 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile

Exterior

Lot Size1.35 acres

Building Information

Year Built1964
Stories1

Land Information

APN0113190000411
SubdivisionDeer Park Outlots
Land UseResidential
Legal DescriptionTRS 12F & 12 1/2E DEER PARK OUTLOTS
Census Tract342801
Assessed Land Value$293,940
Assessed Improvement Value$129,332
Assessment Year2025

About this property

Spacious 4-bedroom, 3-bath home on a rare 1.35-acre lot in Deer Park Outlots offers both comfort and opportunity. Built in 1964, this single-story residence features 1,912 sq ft of living space with a cozy fireplace, carpet and tile flooring, and a functional layout ideal for families. The primary suite measures 14x12, complemented by three additional bedrooms. Brick exterior construction and slab foundation ensure durability, while central electric heating and central gas cooling provide year-round efficiency. Located within Deer Park ISD, with nearby elementary, junior high, and high schools, this property blends convenience and community. With public water/sewer access, deed restrictions, and no HOA fees, buyers enjoy flexibility. The expansive lot offers endless potential for outdoor living, gardening, or future enhancements. Priced at $400,000, this home presents a rare chance to own acreage in a sought-after area with easy access to Beltway 8 and Houston amenities.

Investor Tools

Property Icon
$423,272
Estimated Property Value
$333,100Estimated Mortgage Balance
$120,825Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,540 /month
Positive
Cash Flow Estimate:
$847 /month

Interested in this property?

Cody Scurlock

Keller Williams Summit

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,189
$423,272
2025
$293,940
$129,332
$423,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,189
$423,272

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$333,100
No
First
Oct 1, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,447
$120,825
28%
71%
$1,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,998/mo
$-78/mo
5.4%

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: Deer Park

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