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$540,000

418 Bay Colony Dr, La Porte, TX, 77571

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths5,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.69 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,065 sqft

Building Information

Year Built1987
Garage Spaces4

Land Information

APN0942360000021
Lot Number21
SubdivisionBay Colony
Land UseResidential
Legal DescriptionLT 21 BLK 1 BAY COLONY
Census Tract341700
Assessed Land Value$44,866
Assessed Improvement Value$530,738
Assessment Year2025

About this property

Incredible property with Gulf views. Long time owner loved the sea, and this 5/3.5/2 half bath home boasts beautiful views, looking out past the Houston Yacht Club. The elevator takes you to all levels, and the exterior patio/deck features plenty of room, plus a hot tub, and great views of the Gulf. The garage area is enclosed with room for storage and has a shop plus a sort of office area. The utility room has storage, and a half bath, and the downstairs bedrooms give quick access to entry or elevator. On the 2nd level the expansive kitchen has a butler's pantry between it and the formal dining room, and is open to the breakfast and bar area as well as the den with fireplace. There is a media room between the den and the front living-entertaining area, with wall of storage. The master suite has a study, dual sinks and two large walk- in closets. The game room and guest suite is on the third level as well as access to the Roof Patio. This is living by the bay at its BEST.

Investor Tools

$0Estimated Mortgage Balance
$683,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,098 /month
Positive
Cash Flow Estimate:
$1,366 /month

Interested in this property?

Claudia Parr

Coldwell Banker Realty - Houston Bay Area

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,196
$575,604
2025
$44,866
$530,738
$575,604
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,196
$575,604

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$683,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
3.9%

City: La Porte