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$490,000

NAL Estimated Property Value

605 Baywood St, Shoreacres, TX, 77571

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size10,424 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN0580520160037
Lot Number9,10
SubdivisionShoreacres
Land UseResidential
Legal DescriptionE 50 FT OF LT 9 & W 25 FT OF LT 10 BLK 16 SHOREACRES
Census Tract341700
Assessed Land Value$43,785
Assessed Improvement Value$420,368
Assessment Year2025

About this property

ONE OF A KIND, Posh Custom New Construction that boasts contemporary elegance, & luxury. What 1st comes to mind as you enter is the attention to detail, & Up-Scale finishes. Your eye is drawn up to the custom ceiling design, & the extended fireplace. A 2nd focal as you enter is the curvature of the staircase, & the complementing geometric balusters. Kitchen features include; lighting in & under the custom cabinetry, expansive pantry, gorgeous marble tile inserts in the ceiling, sleek Black Stainless Steel appliances, Quartz, Island w seating & storage that overlooks the back Bacony, Dining & Living areas. Vinyl Plank floors throughout, Int. Elevator Shaft, 2 spacious bedrooms w a Jack N Jill Balcony on the 2nd level, 2 Primary bedrooms on the 3rd. Bathrooms include deluxe anti-fog/LED lit mirrors, modern hardware, & fixtures, seamless walk-in showers, & soaking tub in the primary. This exceptional property is located in a friendly Golf Cart community by the bay, No HOA, & Low taxes.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$454,199Estimated Mortgage Balance
$35,801Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,012
$464,153
2025
$43,785
$420,368
$464,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,012
$464,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$475,000
No
First
Dec 27, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,199
$26,801
5%
93%
$2,848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,848/mo
$-622/mo
5.5%

City: Shoreacres

605 Baywood St | Property Details | No Agent List