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$282,000

NAL Estimated Property Value

509 Meadowlawn St, Shoreacres, TX, 77571

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,075 Sq Ft
price_per_sqft$119.04 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Freestanding Oven, Microwave, Free-Standing Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,402 sqft

Building Information

Year Built1963
Stories1
Garage Spaces3

Land Information

APN0580590300004
Lot Number4,5
SubdivisionShoreacres
Land UseResidential
Legal DescriptionE 60 FT OF LT 4 & W 20 FT OF LT 5 BLK 30 SHOREACRES
Census Tract341700
Assessed Land Value$43,680
Assessed Improvement Value$224,969
Assessment Year2025

About this property

Escape to your own tropical paradise in Shoreacres! This spacious 4-bedroom home offers a formal living and dining room, a large kitchen, and a backyard oasis complete with lush foliage, a koi pond, and a covered patio with a grill. Located near schools and within walking distance to the bay, this home also offers access to a fishing pier through the voluntary HOA. Don't miss out on the chance to live in this vacation-like retreat!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$244,336Estimated Mortgage Balance
$37,664Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,747
$268,649
2025
$43,680
$224,969
$268,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,747
$268,649

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$242,526
Yes
First
Aug 30, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,336
$24,313
9%
87%
$1,514/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,514/mo
+$712/mo
9.5%

City: Shoreacres

509 Meadowlawn St | Property Details | No Agent List