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$308,000

NAL Estimated Property Value

51 N Lakeside Drive, Huntsville, TX, 77320

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.53 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2

Exterior

Lot Size30,004 sqft

Building Information

Year Built1983

Land Information

APN72523
Lot Number131,132
SubdivisionLakeside Village
Land UseResidential
Legal DescriptionLAKESIDE VILLAGE #1, LOT 131 & 132, HUD# TEX0271151, TITLE# 00343061, SERIAL# N209867, ACRES .6888
Census Tract200302
Assessed Land Value$30,000
Assessed Improvement Value$44,840
Assessment Year2025

About this property

Mature home on two spacious lots that has been well taken care of but could use some updating. What a bargain for a water view! The subdivision boat launch is just around the corner. The seller has enjoyed weekends, fishing and boating here, for years...and you can too!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$39,415Estimated Mortgage Balance
$268,585Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$764
$74,840
2025
$30,000
$44,840
$74,840
No

Tax History

Year
Tax Paid
Assessed Value
2022
$764
$74,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael D Sitzman & Wife, Barbara D Sitz
Stand Alone First / Home Equity First Lien
$40,000
No
First
Jul 30, 2025
Aug 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,415
$268,585
87%
13%
$240/mo

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.

Explore Texas Explore This Area
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: Huntsville

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51 N Lakeside Drive | Property Details | No Agent List