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$446,000

NAL Estimated Property Value

402 Morris St, LAGUNA VISTA, TX, 78578

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,122 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$47.12 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Lot Size13,499 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces6

Land Information

APN31-0000-4530-0041-00
Lot Number4-5,S
SubdivisionLaguna Vista Original Townsite (Vol 1 Pg
Land UseResidential
Legal DescriptionLAGUNA VISTA - ORIG TOWNSITE N90' LOTS 4-5-6 BLK 453
Census Tract012301
Assessed Land Value$65,475
Assessed Improvement Value$251,631
Assessment Year2025

About this property

REDUCED!!! Nice home situated on a large corner lot across the park in Laguna Vista. Looking for a nice big home close to South Padre Island, come look at this one with plenty of living area. Home features a huge living room and huge kitchen with 2 stove plenty of room to cook and entertain. For more information you may visit www.homepath.com

Investor Tools

Property Icon
$446,000
Estimated Property Value
$264,907Estimated Mortgage Balance
$181,093Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,676 /month
Positive
Cash Flow Estimate:
$892 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,001
$317,106
2025
$65,475
$251,631
$317,106
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,001
$317,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$270,900
No
First
Jan 15, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,907
$181,093
40%
59%
$1,625/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,304/mo
$1,625/mo
$-321/mo
3.5%

City: LAGUNA VISTA

402 Morris St | Property Details | No Agent List