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$349,000

707 Pompano Lane, Freeport, TX, 77541

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$363.54 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 5Bathrooms Full 5
Heating ElectricHeating Electric
CoolingCooling
AppliancesDryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range
FlooringVinyl Plank

Exterior

Lot Size10,167 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5590-0016-000
Lot Number16,17
SubdivisionKey Largo
Land UseResidential
Legal DescriptionKEY LARGO (A0029 S F AUSTIN) BLK 1 LOT 16-17
Census Tract664200
Assessed Land Value$203,320
Assessed Improvement Value$146,680
Assessment Year2025

About this property

DOUBLE CANAL FRONT LOT WITH AMAZING BAY VIEWS! This updated bungalow is a nature lovers' dream and sits on a double lot with unobstructed views of the wetlands and the Bay/Intercoastal Waterway. Wrap-around decks have open and covered areas for all-day enjoyment. Living area features a stylish vaulted ceiling with wood beams and beautiful vinyl plank wood flooring. Spacious kitchen opens to the dining and living areas. Large fully enclosed double garage can accommodate 2+ cars and kayaks and fishing equipment. Adjoining lot has RV hookups and is ready to go for additional friends and family to visit. Drop your boat in the water for a great day of fishing, or simply enjoy the gorgeous sunsets, solitude and birdwatching.

Investor Tools

$234,217Estimated Mortgage Balance
$115,783Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Alison Christensen

Sand N Sea Properties, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,660
$350,000
2025
$203,320
$146,680
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,660
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Open End Mortgage / Open End With Future Advance Clause
$256,000
No
First
Jan 13, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,217
$115,783
33%
67%
$1,535/mo

City: Freeport

707 Pompano Lane | Property Details | No Agent List