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$215,180

NAL Estimated Property Value

424 S Colorado St, Port Lavaca, TX, 77979

$279,734 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,581 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$77.1 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size6,242 sqft

Building Information

Year Built1950
Garage Spaces4

Land Information

APN19363
Lot Number12
Land UseResidential
Legal DescriptionPORT LAVACA ORIGINAL TOWNSITE, BLOCK 12, LOT 12
Census Tract000200
Assessed Land Value$12,480
Assessed Improvement Value$202,700
Assessment Year2025

About this property

Wow, what a deal—an estate sale! An incredible potential for both owner-occupants and investors. Situated on a spacious corner lot, the sale includes all three combined lots, totaling an impressive 18,720 SF of land. The ranch-style main house features 3 bed & 2 baths, a kitchen that opens to the living area, a formal dining room, an attached 2-car garage, and a deck for outdoor enjoyment. In addition, there are two garage apartments, each with a private entrance: The attached garage apartment includes 1 bed & 1 bath & the detached garage apartment w a 2-car garage, 2 bed & 1 bath. Walking distance to Lavaca Bay with flexible living and income-producing options. "Sold As Is." The water was shut off in February 2021 due to the freeze, and there may be damage to the exposed pipes under the detached garage. As this is an estate sale, the seller does not have full knowledge of the property’s condition. Don’t miss this exceptional opportunity to own a versatile property with great upside!

Investor Tools

Property Icon
$215,180
Estimated Property Value
$0Estimated Mortgage Balance
$215,180Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$279,734
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,291 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$495
$215,180
2025
$12,480
$202,700
$215,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$495
$215,180

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
N/A
+$1,503/mo
8.4%

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.

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: Port Lavaca

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424 S Colorado St | Property Details | No Agent List