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$490,000

NAL Estimated Property Value

706 Sharon Ln, Baytown, TX, 77521

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,612 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.66 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size2.51 acres

Building Information

Year Built1979
Stories1
Garage Spaces3

Land Information

APN0591500190047
SubdivisionHighland Farms
Land UseResidential
Legal DescriptionTRS 13J & 14 BLK 19 HIGHLAND FARMS
Census Tract253202
Assessed Land Value$218,670
Assessed Improvement Value$271,330
Assessment Year2025

About this property

This custom-designed residence, offers 3 bedrooms, 2 ½ baths on 2.5 acres, enclosed with both fencing, cross-fencing and underground dog fencing. A welcoming circular driveway leads to a home equipped with a whole-house generator, a 320-foot well, city sewer, and a three-horse stall barn featuring a tack room. The residence boasts a wet bar, custom-built cabinetry with lighting, spacious living room with a marble fireplace, an exceptionally large storage room, and the primary suite is luxuriously appointed with three closets. Additional amenities include a recently installed HVAC system, a gazebo, post-tension slab, upgraded metal roof and gutters, covered back patio and fenced in concreted dog run. Convenient access to I-10, shopping and restaurants. This property is prefect for someone with horses wanting easy access to town and local places to ride.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$448,045Estimated Mortgage Balance
$41,955Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,286
$490,000
2025
$218,670
$271,330
$490,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,286
$490,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Mortgage Corp
Unknown
$465,500
No
First
Apr 22, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,045
$41,955
8%
91%
$2,791/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,791/mo
$-1,069/mo
4.2%

City: Baytown

706 Sharon Ln | Property Details | No Agent List