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$504,000

515 S Shady Ln, La Porte, TX, 77571

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,007 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.04 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size1.08 acres

Building Information

Year Built1954
Garage Spaces9

Land Information

APN0772750040027
Lot Number11D,12D
SubdivisionShady Oaks
Land UseResidential
Legal DescriptionLTS 11D 12D & 13D SHADY OAKS
Census Tract341700
Assessed Land Value$181,040
Assessed Improvement Value$311,246
Assessment Year2025

About this property

One of a kind 4,000 sqft custom home on 1 acre+ lot, with 2,500 sqft garage and approx’ 1,000 sqft apartment. Light fills the house which enjoys ample living and storage space. Oversized everything. Primary bedroom has both a walk in closet and a dressing room/study. The formal dining area can accommodate the largest of tables for entertaining. Saltwater pool with Palapa Hut/shade area in a large fenced yard with fruit trees and more. The garage apartment is above the 8 space garage. There are storm shutters throughout along with upgraded windows. Room for RV, boat, car collection, other toys. An air conditioned/insulated specialty workshop with internet and bathroom. Garden workshop at pool area. Pool remodeled in 2017, Palapa 2017, new AC comp’ upstairs 2021, new water heater 2019, Storm shutters 2014.

Investor Tools

Property Icon
$504,000
Estimated Property Value
$504,000Estimated Mortgage Balance
$33,514Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,024 /month
Positive
Cash Flow Estimate:
$1,008 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,481
$492,286
2025
$181,040
$311,246
$492,286
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,481
$492,286

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bpl Mortgage Trust Llc
Commercial
$504,000
No
First
Oct 11, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,486
$43,514
8%
93%
$3,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,022/mo
$-1,300/mo
4.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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515 S Shady Ln | Property Details | No Agent List