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$282,000

NAL Estimated Property Value

450 Piney Point Dr, Sour Lake, TX, 77659

$289,136 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,186 Sq Ft
price_per_sqft$130.37 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher, Oven

Exterior

Lot Size33,759 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN007550-015700
Lot Number31
SubdivisionPinewood
Land UseResidential
Legal DescriptionS07550 PINEWOOD BLK 13, LOT 31, ACRES .775 SEC 2 SEC 2
Census Tract030200
Assessed Land Value$41,850
Assessed Improvement Value$147,376
Assessment Year2025

About this property

3 bed 2 bath home located on a 0.77ac lot in Pinewood that is move-in ready! There are two living spaces to utilize: the living room which has a wood burning fireplace plus a separate den/family room. The kitchen features granite counters and the fridge stays! There's a breakfast room off the kitchen plus a dining room. The primary bedroom has a full en-suite bathroom with double sinks and walk-in shower plus two closets (one is a walk-in). You'll love having no carpet in the house! Outside you'll find a covered back porch and an expansive yard with a nice seating area around the firepit. Call today to set up your private showing!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$140,026Estimated Mortgage Balance
$141,974Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$289,135
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,263
$189,226
2025
$41,850
$147,376
$189,226
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,263
$189,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$150,000
No
First
Oct 7, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,026
$141,974
50%
50%
$900/mo

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: Sour Lake

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