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$388,805

331 Gulfton Dr, Portland, TX, 78374

SoldInfo
7/15/26
Beds4 Beds
Baths3 Bath
Baths2,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.13 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size7,144 sqft

Building Information

Year Built2018
Roof Type105
Garage Spaces2

Land Information

APN1109-1002-0006-000
Lot Number6
SubdivisionNorthshore Unit 5b
Land UseResidential
Legal DescriptionNORTHSHORE UNIT 5B BLK 2 LOT 6
Census Tract010603
Assessed Land Value$70,653
Assessed Improvement Value$318,152
Assessment Year2025

About this property

Every homebuyer is searching for that perfect home—beautifully finished, impeccably maintained, ideally sized, and located in a sought-after neighborhood with highly rated schools. Welcome home! This stunning four-bedroom residence offers a thoughtfully designed floor plan that balances privacy and togetherness. The spacious secondary bedrooms are tucked away from the main living areas, while the heart of the home features an open-concept kitchen, dining, and living space ideal for entertaining and everyday living. Elevated ceilings, a gallery-style entry accented with elegant columns, and wood-look tile flooring throughout the main living areas create a warm and inviting atmosphere. Plush updated carpeting in the bedrooms adds comfort where it matters most. The chef's kitchen is sure to impress, featuring an oversized granite island with seating for four or more, under-cabinet task lighting, a smooth-surface electric cooktop, and a built-in wall oven/microwave combination. The adjacent living room centers around a stylish electric fireplace with shiplap surround and beam mantel, offering both ambiance and supplemental warmth at the touch of a remote. Retreat to the generously sized primary suite, complete with a spa-inspired ensuite bath featuring dual vanities, a deep soaking tub, a spacious walk-in shower, and an enormous walk-in closet with room to spare. The secondary bedrooms are equally spacious, and a convenient guest powder room provides added comfort for visitors. Step outside to enjoy the covered patio and fully equipped outdoor kitchen—the perfect setting for relaxing evenings, weekend gatherings, and year-round entertaining. A three-car garage adds exceptional storage and functionality to this already remarkable property. Currently, there is no HOA. However, buyers should note that the developer originally intended for the neighborhood to have a homeowners association, which could potentially be reestablished in the future.

Investor Tools

Property Icon
$388,805
Estimated Property Value
$304,000Estimated Mortgage Balance
$93,381Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,519 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,993
$388,805
2025
$70,653
$318,152
$388,805
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,993
$388,805

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rally Cu
Conventional
$304,000
No
First
Dec 5, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,889
$92,916
23%
76%
$1,823/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.

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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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331 Gulfton Dr | Property Details | No Agent List