$281,150
NAL Estimated Property Value507 North 6th Street, La Porte, TX, 77571
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Tile
Exterior
Lot Size3,123 sqft
Building Information
Year Built2020
Garage Spaces2
Land Information
APN0232150020020
Lot Number20
SubdivisionLa Porte
Land UseResidential
Legal DescriptionLT 20 BLK 102 LA PORTE
Census Tract343700
Assessed Land Value$25,000
Assessed Improvement Value$256,150
Assessment Year2025
About this property
505 N. 6th St is a spacious 2100 SF 4 bedroom 2.5 bath 2 story duplex townhome. Construction will begin around February-March with completion 6 months later. Northside Villages' great location provides quick access to HWY 146 and easy walk-ability to parks, schools, trails, places of worship, medical facilities and employment. For additional information please visit the Sales Counselor, Kris Winship, at the model/sales office located at 532 N. 7th St. Please note that photographs are of the model...
Investor Tools
$281,150
Estimated Property Value
$141,442Estimated Mortgage Balance
$139,708Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,687 /month
Positive
Cash Flow Estimate:
$562 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
$462/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,625
$281,150
2025
$25,000
$256,150
$281,150
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,625
$281,150
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$158,881
No
First
Sep 15, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,442
$139,708
49%
50%
$953/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,415/mo
+$811/mo
9.5%
