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$317,000

404 Seco Dr, Portland, TX, 78374

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,745 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.52 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size8,189 sqft

Building Information

Year Built1978
Roof Type105
Garage Spaces2

Land Information

APN0212-0020-0011-000
Lot Number11
SubdivisionEast Cliff Unit 14
Land UseResidential
Legal DescriptionEAST CLIFF UNIT 14 BLK 20 LOT 11
Census Tract010604
Assessed Land Value$61,570
Assessed Improvement Value$228,081
Assessment Year2025

About this property

REDUCED! Charming Updated Brick Home in Portland! Welcome to 404 Seco, a beautifully updated 3-bedroom, 2-bathroom brick home with a rear wrap 2-car garage located in a well-established Portland neighborhood. Step into the spacious living room featuring a wood-burning fireplace with German schmear finish, cathedral ceiling with wooden beam, arched entryways, and a built-in bookcase — the perfect blend of character and comfort. The large dining area provides ample space for gatherings, while the kitchen offers stylish updates including stainless steel appliances, a new sink and faucet, and a negotiable refrigerator. Just off the kitchen, you’ll find a versatile flex space (currently used as an office) that opens to a covered back porch with pergola — ideal for relaxing or entertaining. Every bedroom includes walk-in closets, and the primary suite boasts two walk-in closets with built-ins and an en-suite bath with a new soaker tub and updated toilet. The guest bath has been thoughtfully upgraded with dual shower heads, modern finishes, and shiplap accents. Additional interior touches include shiplap walls in the living room, bath, and a bedroom, a barn door on the hall linen closet, updated ceiling fans and light fixtures, and fresh interior and exterior paint. A separate indoor laundry room adds even more convenience to the layout. Other notable updates include new windows, added attic insulation, beadboard ceilings, a Ring Doorbell, and a new storage building installed in April 2025 in the spacious backyard. This well-maintained home blends style, function, and thoughtful updates throughout — ready for you to move in and enjoy! Schedule an appointment for a private showing!

Investor Tools

Property Icon
$317,000
Estimated Property Value
$314,204Estimated Mortgage Balance
$0Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /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
$5,749
$289,651
2025
$61,570
$228,081
$289,651
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,749
$289,651

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$314,204
Yes
First
Jul 14, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,566
N/A
0%
103%
$1,985/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.

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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: Portland

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