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$446,000

NAL Estimated Property Value

512 N SHORE DR., PORT MANSFIELD, TX, 78598

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,624 Sq Ft
price_per_sqft$282.64 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size5,998 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APN20247
Lot Number4
Land UseResidential
Legal DescriptionPORT MANSFIELD ORIGN TOWN, BLOCK 33, LOT 4, LAND LEASEHOLD INTEREST
Census Tract950700
Assessed Land Value$36,000
Assessed Improvement Value$139,265
Assessment Year2025

About this property

This home is a piece of paradise. Here you'll find private lower Laguna Madre Bay fishing in your backyard. The 500ft fishing pier is equipped with LED nighttime fishing lights and a fish cleaning station with water and light. The beautiful sunrises can be seen from your deck, pier, patio, or even from the bay facing windows in your living room. An open living space upstairs allows friends and family to stay involved even while you're cooking a meal. When the night is through, all the visitors can use the bunk room downstairs, which has plenty of room to lay their heads, a private bathroom, and direct access to the backyard and waterfront. Make this home yours and start making some Port Mansfield memories.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$283,145Estimated Mortgage Balance
$162,855Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,871
$175,265
2025
$36,000
$139,265
$175,265
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,871
$175,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$290,000
No
First
Dec 5, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,145
$162,855
36%
63%
$1,739/mo

City: PORT MANSFIELD

512 N SHORE DR. | Property Details | No Agent List