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$242,000

NAL Estimated Property Value

518 Bay Colony Dr, La Porte, TX, 77571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,562 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size12,388 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APN0942360000013
Lot Number12-14
SubdivisionBay Colony
Land UseResidential
Legal DescriptionLT 13 & E 30.66 FT OF LT 12 & W 16 FT OF LT 14 BLK 1 BAY COLONY
Census Tract341700
Assessed Land Value$48,457
Assessed Improvement Value$186,081
Assessment Year2025

About this property

Lovely 3 bedroom 2 bath home with a great open layout. Located in the Bay Colony subdivision of La Porte! This property is located within blocks of the Houston Yacht Club. Fully renovated in 2009. Granite in kitchen and bathroom. Tile flooring throughout. Recent carpet in bedrooms. Double Pane Windows. Recessed lighting. Foundation repair through Allied with Warranty. Oversized yard with plenty of side yard for your pets. Storage shed. The stacked stone gas fireplace is a great focal point in the living room. Large walk in closet in dining area. The neighborhood has a community park, pool, fishing pier and boat launch. Schedule your private tour today!

Investor Tools

Property Icon
$242,000
Estimated Property Value
$174,994Estimated Mortgage Balance
$67,006Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,412
$234,538
2025
$48,457
$186,081
$234,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,412
$234,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Educators Fcu
Conventional
$195,000
No
First
Jan 6, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,994
$66,006
27%
72%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,320/mo
+$906/mo
11.0%

City: La Porte

518 Bay Colony Dr | Property Details | No Agent List