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$321,000

NAL Estimated Property Value

402 Seco Dr, Portland, TX, 78374

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,615 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.24 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size10,062 sqft

Building Information

Year Built1979
Roof Type105
Garage Spaces2

Land Information

APN0212-0020-0010-000
Lot Number10
SubdivisionEast Cliff Unit 14
Land UseResidential
Legal DescriptionEAST CLIFF UNIT 14 BLK 20 LOT 10
Census Tract010604
Assessed Land Value$68,947
Assessed Improvement Value$250,497
Assessment Year2025

About this property

Absolutely gorgeous East Cliff Home with so many updates. Step into this elegant living area with lots of natural light, wooden ceiling beams that accent the living area and a beautiful fireplace centered perfectly to gather around. Updates that were done in 2024 include: flooring, hvac, ducts, plumbing, water heater, landscaping & sod. Also added in 2024 are: kitchen appliances, light fixtures and ring cameras which convey with the house. Open kitchen with granite countertops, a separate space for your microwave, room for a double door refrigerator, and tons of cabinet space. Large Primary bedroom comfortably fits your king-sized bed. Beautiful flooring throughout the home. No carpet. Very nice sized backyard.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$289,115Estimated Mortgage Balance
$31,885Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,726
$319,444
2025
$68,947
$250,497
$319,444
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,726
$319,444

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$293,850
No
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,115
$31,885
9%
90%
$1,762/mo

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.

Explore Texas Explore This Area
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: Portland

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402 Seco Dr | Property Details | No Agent List