Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$251,000

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

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.28 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

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

Exterior

Lot Size6,251 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN0232080890005
Lot Number5,6
SubdivisionLa Porte
Land UseResidential
Legal DescriptionLTS 5 & 6 BLK 89 LA PORTE
Census Tract343700
Assessed Land Value$50,000
Assessed Improvement Value$187,592
Assessment Year2025

About this property

COZY HOME PERFECT TO START OFF - QUIET NEIGHBORHOOD - UPGRADED TILE FLOORING AND CABINETRY - GRANITE COUNTERTOPS THROUGHOUT - ISLAND KITCHEN WITH SINK AND DISHWASHER IN ISLAND ALONG WITH A BREAKFAST BAR - STAINLESS APPLIANCES - ENERGY EFFICIENT HOME - INSIDE UTILITY - HOME IS CLOSE TO THE MAIN STREET SHOPS AND RESTAURANTS - SPLASH PAD ON THE CORNER OF THE BLOCK - EASY ACCESS TO TRAFFIC CARRIERS AND BARBOURS CUT TERMINAL - CALL TODAY TO SEE THIS ONE - LOW INTEREST RATES ARE AVAILABLE - IT WON'T LAST LONG!!

Investor Tools

Property Icon
$251,000
Estimated Property Value
$211,007Estimated Mortgage Balance
$62,395Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,660
$237,592
2025
$50,000
$187,592
$237,592
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,660
$237,592

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Fha
$211,007
Yes
First
Nov 12, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,605
$79,395
29%
75%
$1,266/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,266/mo
+$456/mo
8.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: La Porte

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

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