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$475,000

3305 Luella Ave, Deer Park, TX, 77536

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,503 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$316.03 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.35 acres

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN0113190000406
SubdivisionDeer Park Outlots
Land UseResidential
Legal DescriptionTRS 12E & 12 1/2C DEER PARK OUTLOTS
Census Tract342801
Assessed Land Value$293,925
Assessed Improvement Value$118,675
Assessment Year2025

About this property

If you've been dreaming of a country-style retreat without leaving the city, this is the property you've been waiting for! Nestled on 1.35 acres in the heart of Deer Park, this property offers the space, and lifestyle that's rarely available. Whether you choose to enjoy the existing home, expand it, or build your dream custom estate, the possibilities are endless. The home features 3 bedrooms, 2 full bathrooms, and a detached 2-car garage. Equestrian enthusiasts will appreciate the barn with approximately 6 horse stalls, complete with electricity & water, plus an additional partially constructed stable at the rear of the property. BONUS: One horse is included with the sale!! Bring your chickens, goats, and other livestock, & enjoy the freedom of country living with the convenience of nearby shopping, dining, Beltway 8, & Hwy 225. Zoned to the highly sought-after Deer Park ISD, this rare acreage property offers a lifestyle that's hard to find. Don't miss this incredible opportunity!!

Investor Tools

$262,592Estimated Mortgage Balance
$150,930Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Manuel Castro

Keller Williams HoustonCentral

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$836/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,975
$412,600
2025
$293,925
$118,675
$412,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,975
$412,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$279,812
Yes
First
Jan 9, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,592
$150,008
36%
64%
$1,678/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,678/mo
+$242/mo
5.6%

City: Deer Park