$323,505
NAL Estimated Property Value423 Dr Martin Luther King Jr Dr, La Porte, TX, 77571
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
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
APN0232090000027
Lot Number26,27
SubdivisionLa Porte
Land UseResidential
Legal DescriptionLTS 26 & 27 BLK 90 LA PORTE
Census Tract343700
Assessed Land Value$50,000
Assessed Improvement Value$273,505
Assessment Year2025
About this property
NEW CONSTRUCTION JUST COMPLETED BEAUTIFUL OPEN CONCEPT HOME WITH QUARTZ COUNTERTOPS THROUGHOUT UPGRADED CABINETRY AND CUSTOM TILE WORK - NO HOA - BUILDER WARRANTY INCLUDED - BRING YOUR CLIENT ON A TOUR TODAY!
Investor Tools
$323,505
Estimated Property Value
$293,533Estimated Mortgage Balance
$29,972Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,941 /month
Positive
Cash Flow Estimate:
$647 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,876
$323,505
2025
$50,000
$273,505
$323,505
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,876
$323,505
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$308,000
No
First
Oct 19, 2023
Nov 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,533
$29,972
9%
91%
$1,847/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,847/mo
$-125/mo
6.4%
