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$319,000

507 Shore Acres Blvd, La Porte, TX, 77571

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,720 Sq Ft
price_per_sqft$185.47 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size22,747 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN0580560240009
Lot Number9,10
SubdivisionShoreacres
Land UseResidential
Legal DescriptionLTS 9 & 10 BLK 24 SHOREACRES
Census Tract341700
Assessed Land Value$48,913
Assessed Improvement Value$240,543
Assessment Year2025

About this property

507 Shore Acres Blvd offers 3 bedrooms, 2 baths and 1,720 sq. ft. on a half-acre corner lot with three sides of road frontage. The functional split floor plan includes a spacious kitchen with butcher-block countertops and soft-close cabinetry, designated dining area, and large living room with a gas-log fireplace. Engineered hardwood floors extend through the foyer and living room, with tile in wet areas and carpet in the bedrooms. Additional features include a 2-car attached garage, tankless water heater, spray-foam insulation, covered front porch and back patio/deck. Circle Park is located directly behind the property, and Shoreacres residents enjoy access to a private fishing pier and boat ramp in a golf-cart-friendly community. The large lot provides plenty of outdoor space and flexibility that's increasingly hard to find.

Investor Tools

$285,302Estimated Mortgage Balance
$8,055Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

Interested in this property?

Destiny Winters

Keller Williams Elite

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,779
$289,456
2025
$48,913
$240,543
$289,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,779
$289,456

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$293,584
Yes
First
Oct 7, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,302
$7,698
2%
98%
$1,761/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,761/mo
$-39/mo
7.1%

City: La Porte