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$276,000

NAL Estimated Property Value

510 Flamingo Dr Fl Amingo, Smith Point, TX, 77514

$289,129 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.82 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size11,151 sqft

Land Information

APN30500-00021-00200-000300
SubdivisionHeron Place #1
Land UseResidential
Legal Description3 & 4 2 HERON PLACE #1
Census Tract710500
Assessed Land Value$13,920
Assessed Improvement Value$192,060
Assessment Year2025

About this property

Waterfront Retreat with Bay Views! This charming 3-bedroom, 2-bath house sits on a canal front with stunning bay views and a large partially covered deck—perfect for enjoying breathtaking sunsets. Whether you're looking for a weekend getaway or a full-time residence, this home offers the ultimate coastal lifestyle. Features include a convenient lift for easy access, a new roof (2023), house leveling, and a new electrical panel. The open layout provides a comfortable space to relax after a day of fishing, crabbing, or exploring nearby waterways. Located just far enough from the city to feel like a true escape, but close enough for convenience. Bring your gear and your love for the outdoors—there's plenty of fish, crabs, and yes, even the occasional gator sighting to keep things interesting! Whether you’re sipping coffee on the deck or entertaining friends with bay breezes and water views, this home is your perfect slice of paradise. Come see what waterfront living is all about!

Investor Tools

Property Icon
$276,000
Estimated Property Value
$136,312Estimated Mortgage Balance
$139,688Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$289,129
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$556
$205,980
2025
$13,920
$192,060
$205,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$556
$205,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$144,000
No
First
Jul 10, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,312
$139,688
50%
49%
$864/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: Smith Point

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510 Flamingo Dr Fl Amingo | Property Details | No Agent List