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$206,706

509 North 6th Street, La Porte, TX, 77571

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,161 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$132.21 / sqft

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Tile

Exterior

Lot Size3,128 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN0232150020021
Lot Number21
SubdivisionLa Porte
Land UseResidential
Legal DescriptionLT 21 BLK 102 LA PORTE
Census Tract343700
Assessed Land Value$25,008
Assessed Improvement Value$181,698
Assessment Year2025

About this property

509 N. 6th St. is a single story, two bedroom duplex town home in the new community of Northside Village which is being built on North 5th, 6th and 7th streets. 509 N. 6th will begin construction around April and complete about 6 months later. Northside Village's great location provides quick access to HWY 146 and easy walk-ability to parks, schools, trails, places of worship, medical facilities and employment. For more information, please visit the sales office located at 532 N 7th St. Sales Office hours are Tuesday-Saturday 10-6 and Sunday, Monday 12-6. Listing photos are of previously built homes on N. 7th St. ***Please note that photos are of previously sold and closed homes.***

Investor Tools

Property Icon
$206,706
Estimated Property Value
$0Estimated Mortgage Balance
$51,959Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,240 /month
Positive
Cash Flow Estimate:
$413 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,069
$206,706
2025
$25,008
$181,698
$206,706
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,069
$206,706

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$160,000
No
First
Jul 1, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,747
$51,959
25%
75%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,380/mo
$-73/mo
7.6%

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.

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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: La Porte

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509 North 6th Street | Property Details | No Agent List