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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%

City: Shoreacres

3518 Bayou Forest Dr | Property Details | No Agent List