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$260,183

NAL Estimated Property Value

513 Dr Martin Luther King Jr Dr, La Porte, TX, 77571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,111 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$118.38 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size3,123 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN0232160030023
Lot Number23
SubdivisionLa Porte
Land UseResidential
Legal DescriptionLT 23 BLK 103 LA PORTE
Census Tract343700
Assessed Land Value$25,000
Assessed Improvement Value$235,183
Assessment Year2025

About this property

513 MLK St is a spacious 4 bedroom 2.5 bath 2 story duplex town home. Can close NOW!! Northside Villages' great location provides quick access to HWY 146 and easy walk-ability to parks, schools, trails, places of worship, medical facilities and employment. No sales office on site.**AGENTS PLEASE READ AGENT REMARKS***

Investor Tools

Property Icon
$260,183
Estimated Property Value
$249,774Estimated Mortgage Balance
$10,409Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,561 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
$508/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,746
$260,183
2025
$25,000
$235,183
$260,183
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,746
$260,183

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$257,397
No
First
Mar 29, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,774
$10,409
4%
96%
$1,866/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,374/mo
$-148/mo
10.3%

City: La Porte

513 Dr Martin Luther King Jr Dr | Property Details | No Agent List