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B+

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Owner Contacts

$479,000

6510 Portuguese Bend Dr, Missouri City, TX, 77459

Off Market

5 Beds

2 Bath

3,166 Sq Ft

Single Family Residence

$107.04 / sqft

Built in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven, Oven, ENERGY STAR Qualified Appliances

FlooringCarpet, Laminate, Tile

Exterior

Private Pool

Lot Size8,807 sqft

Building Information

Year Built1997

Stories2

Roof Type127

Garage Spaces2

Land Information

APN8960-01-001-0210-907

Lot Number21

SubdivisionWater's Edge At Colony Lakes Sec 1

Land UseResidential

Legal DescriptionWATER'S EDGE AT COLONY LAKES SEC 1, BLOCK 1, LOT 21

Census Tract674302

Assessed Land Value$79,170

Assessed Improvement Value$400,959

Assessment Year2025

About this property

Welcome home to 6510 Portuguese Bend Drive, located in the gated community of Waters Edge at Colony Lakes. This beautiful home has been well loved & maintained by the original owners! It features 5 bedrooms, 2 full baths, 1 half bath & 2 car garage! Beautiful curb appeal with Custom Pavers, New Glass/Mahogany Front Door, Exterior Lighting Upgrades & Lush Landscape! Enter & your views expand to open living/dining areas featuring two way gas log fireplace! The wall of windows from kitchen and family room offer breathtaking views of the Lake & Pool! NEW flooring throughout entire home, includes carpet, tile & laminate wood! Roof 2016, Water Heater 2019, Microwave 2018! Entertaining guests will be a breeze in this DREAMY backyard, amazing sunset views on the water! Covered Patio complete with Ceiling Fans, Oversized Deck w/Pavers extending to the Lake, Rock Slide, Waterfall with Bench Seating Cove & more! New Iron & Wood Fence 2018! You don't want to miss all this home has to offer!

Investor Tools

$479,000

Estimated Property Value

$264,000Estimated Mortgage Balance

$247,838Estimated Equity

45% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,874 /month

Positive

Cash Flow Estimate:

$958 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$976/month

$750/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,317

$461,578

2025

$79,170

$400,959

$480,129

Tax History

Year

Tax Paid

Assessed Value

2025

$9,317

$461,578

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Keller Mortgage Llc

Conventional

$264,000

First

Jan 27, 2020

Feb 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$231,162

$230,416

49%

48%

$1,583/mo

Learn About the Market: Opportunity in Texas

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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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