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$258,000

NAL Estimated Property Value

503 S Lobit St, La Porte, TX, 77571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,530 Sq Ft
price_per_sqft$124.12 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,251 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN0061240000030
Lot Number1,2
SubdivisionBay Front To La Porte
Land UseResidential
Legal DescriptionLTS 1 & 2 BLK 34 BAY FRONT TO LA PORTE
Census Tract343602
Assessed Land Value$48,438
Assessed Improvement Value$180,972
Assessment Year2025

About this property

ROOMY HOME JUST A FEW BLOCKS FROM GALVESTON BAY AND THE SYLVAN BEACH PARK COMPLEX - SITUATED ON A CORNER LOT - LARGE LIVING/KITCHEN OPEN CONCEPT AREA - CERAMIC TILE IN LIVING, DINING, KITCHEN, AREAS - NEW CARPET INSTALLED IN BEDROOMS - FRESH INTERIOR PAINT THROUGHOUT - LOADS OF CABINETS IN THE KITCHEN - INSIDE UTILITY - FENCED BACKYARD - TUB AND SHOWER IN PRIMARY BEDROOM SUITE - DELUXE WORKBENCH AND CABINETRY IN GARAGE - THE ROOF WAS REPLACED AND THE EXTERIOR PAINTED IN MAY 2020 - A/C REPLACED 8/2017 - IDEAL STARTER HOME READY TO BE MOVED INTO - SET AN APPOINTMENT TO SEE THIS ONE - PRICED TO SELL AND WON'T LAST LONG

Investor Tools

Property Icon
$258,000
Estimated Property Value
$167,703Estimated Mortgage Balance
$90,297Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$592
$229,410
2025
$48,438
$180,972
$229,410
No

Tax History

Year
Tax Paid
Assessed Value
2020
$592
$229,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Va
$188,000
Yes
First
Oct 23, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,703
$75,297
30%
65%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,128/mo
+$594/mo
8.0%

City: La Porte

503 S Lobit St | Property Details | No Agent List