$329,000
NAL Estimated Property Value3508 Bayou Forest Dr, Shoreacres, TX, 77571
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Gas Cooktop, Gas Range, Dishwasher, Refrigerator, Washer
FlooringLaminate, Tile
Exterior
Exterior FeaturesOutdoor Kitchen
Lot Size15,202 sqft
Building Information
Year Built2002
Garage Spaces2
Land Information
APN1192960000012
Lot Number12
SubdivisionBayou Oaks
Land UseResidential
Legal DescriptionLT 12 BAYOU OAKS SEC 1
Census Tract341800
Assessed Land Value$68,002
Assessed Improvement Value$248,935
Assessment Year2025
About this property
Gorgeous Waterfront Oasis! Vacation in your own back yard.. Heated saltwater sports pool and hot tub right on bayou fed pond. Recent upgrades include AC, heater, appliances, water heater, roof, pool built in 2007 (tanning ledge and waterfall), privacy fence, radiant barrier, gas fire pit, no carpet. 2 minutes from the bay fishing pier on the bay and bayou. Excellent condition, super clean. Owners pay attention to detail! Schedule you appointment today.
Investor Tools
$329,000
Estimated Property Value
$241,767Estimated Mortgage Balance
$87,233Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
$100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,119
$316,937
2025
$68,002
$248,935
$316,937
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,119
$316,937
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$267,300
No
First
May 26, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,767
$91,233
27%
73%
$1,603/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,703/mo
+$523/mo
8.1%
