Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$135,000

361 Blue Lake Dr, Huffman, TX, 77336

Off Market

2 Beds

2 Bath

960 Sq Ft

Single Family Residence

$135.42 / sqft

Built in 2011

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Heating

AppliancesElectric Oven, Electric Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Laminate

Exterior

Lot Size29,969 sqft

Building Information

Year Built1985

Land Information

APN0420070080004

Lot Number4

SubdivisionCypress Point

Land UseResidential

Legal DescriptionLT 4 BLK 4 CYPRESS POINT SEC 9 U/R ABST 165 E BENSON

Census Tract251600

Assessed Land Value$66,741

Assessed Improvement Value$29,991

Assessment Year2025

About this property

Discover your ideal retreat with this exceptional investment opportunity! Picture yourself building your dream home on this generous 3/4-acre lot, perfect for embracing the charm of country living.Revel in the peacefulness of rural life and enjoy water views from your covered patio.This inviting property comes with RV hook-ups, offering ample space for all your recreational vehicles, boats, and more. The cozy home is move-in ready, featuring a spacious kitchen with abundant counter space and cabinets. Unwind in the garden tub of the master bathroom.Benefit from the unrestricted property with low taxes and a history of no flooding, as confirmed by the seller. Plus, with a new A/C unit, fridge, washer, and dryer included, you’ll have everything you need to settle in comfortably. Conveniently located near amenities. MOTIVATED SELLER, CONSIDERING ALL OFFERS! So seize this opportunity now!Easy access to amenities, don't miss out on this opportunity!

Investor Tools

$135,000

Estimated Property Value

$0Estimated Mortgage Balance

$135,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$810 /month

Positive

Cash Flow Estimate:

$270 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$104/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$571

$96,732

2025

$66,741

$29,991

$96,732

Tax History

Year

Tax Paid

Assessed Value

2024

$571

$96,732

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$137,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

N/A

+$1,307/mo

11.6%

Learn About the Market: Opportunity in Texas

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.

Explore This Area