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$467,200

707 Texas Ave, La Marque, TX, 77568

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths4,186 Sq Ft
Multi FamilyMulti Family
price_per_sqft$74.06 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1

Exterior

Lot Size13,016 sqft

Building Information

Year Built1960
Stories1
Roof Type172

Land Information

APN1900-0007-0001-000
Lot Number4
SubdivisionBogatto Addn
Land UseResidential
Legal DescriptionABST 150 J D MOORE SUR LOT 4 & PT OF LOTS 1,2 & 3 BLK 7 BOGATTOS ADDN
Census Tract726200
Assessed Land Value$67,550
Assessed Improvement Value$399,650
Assessment Year2025

About this property

Investor Special! 8 units!!! Selling as-is. Property needs a full renovation and is priced accordingly. 1 unit is vacant and, on a lockbox, ready to be shown. Utility bills, rent roll and other info are attached here in the listing. (pending current trash bill)

Investor Tools

Property Icon
$467,200
Estimated Property Value
$400,000Estimated Mortgage Balance
$69,516Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,803 /month
Positive
Cash Flow Estimate:
$934 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,682
$467,200
2025
$67,550
$399,650
$467,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,682
$467,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Palma Irrevocable Trust
Unknown
$400,000
No
First
Jan 31, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,684
$69,516
14%
85%
$2,399/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: La Marque

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707 Texas Ave | Property Details | No Agent List