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$314,939

NAL Estimated Property Value

413 Dr Martin Luther King Jr Dr, La Porte, TX, 77571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,808 Sq Ft
price_per_sqft$171.4 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,251 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN0232090000023
Lot Number22,23
SubdivisionLa Porte
Land UseResidential
Legal DescriptionLTS 22 & 23 BLK 90 LA PORTE
Census Tract343700
Assessed Land Value$50,000
Assessed Improvement Value$264,939
Assessment Year2025

About this property

NEW CONSTRUCTION JUST COMPLETED AND NEVER OCCUPIED - BEAUTIFUL OPEN CONCEPT HOME - QUARTZ COUNTERTOPS THROUGHOUT - UPGRADED CABINETRY AND CUSTOM TILE WORK - NO HOA - BUILDER WARRANTY INCLUDED - CITY SPONSORED SPLASH PARK ACROSS THE STREET FOR THE KIDS - BRING YOUR BUYER OUT TO SEE THIS ONE TODAY

Investor Tools

Property Icon
$314,939
Estimated Property Value
$248,614Estimated Mortgage Balance
$66,325Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,199
$314,939
2025
$50,000
$264,939
$314,939
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,199
$314,939

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Mortgage Group Llc
Conventional
$260,000
No
First
Dec 11, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,614
$66,325
21%
79%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,559/mo
+$163/mo
6.6%

City: La Porte

413 Dr Martin Luther King Jr Dr | Property Details | No Agent List