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$329,000

NAL Estimated Property Value

3518 Bayou Forest Dr, Shoreacres, TX, 77571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,363 Sq Ft
price_per_sqft$108.76 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size9,278 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1192960000017
Lot Number17
SubdivisionBayou Oaks
Land UseResidential
Legal DescriptionLT 17 BAYOU OAKS SEC 1
Census Tract341800
Assessed Land Value$88,153
Assessed Improvement Value$240,847
Assessment Year2025

About this property

Waterfront home on private neighborhood pond*This home is beautiful on the outside & even better on the inside*Inviting inside of the home has a formal dining room and breakfast room*Great sized living room open to the kitchen*The kitchen has so much counter space & storage*Beautiful kitchen cabinets*All tile flooring on the 1st floor except for the master bedroom has carpet*The master retreat is inviting with an on suite master bathroom*Double sinks, separate shower & garden tub*Huge walk in closet*Upstairs is a sitting area that is perfect for a home office if needed*3 more bedrooms on the 2nd floor*Large deck in the backyard*Deck has a gas connection & water faucet...ready for your outdoor kitchen*Home interior repainted late last year*New AC units 2016*New Roof 2017*Hot water heater replaced in 2019*Kitchen appliances replaced 2016*Seller keeps a yearly contract for termite prevention*The garage is 29' deep*2 1/2 cars deep*Garage has a 220 outlet*Great neighborhood with no HOA!

Investor Tools

Property Icon
$329,000
Estimated Property Value
$221,969Estimated Mortgage Balance
$107,031Estimated Equity
33% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,060
$329,000
2025
$88,153
$240,847
$329,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,060
$329,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$250,355
Yes
First
Jul 29, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,969
$114,031
33%
67%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,502/mo
+$724/mo
8.1%

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: Shoreacres

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