$371,909
NAL Estimated Property Value902 S Broadway St, La Porte, TX, 77571
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
FlooringConcrete
Exterior
Exterior FeaturesSide Yard
Lot Size13,299 sqft
Building Information
Year Built1970
Land Information
APN0232450570026
Lot Number29-32
SubdivisionLa Porte
Land UseCommercial
Legal DescriptionLTS 29 THRU 32 BLD 157 & TR E (PT ABAND ALLEY) LA PORTE
Census Tract343700
Assessed Land Value$133,000
Assessed Improvement Value$238,909
Assessment Year2025
About this property
WELL BUILT OLDER PROPERTY ON A CORNER LOT ON SOUTH BROADWAY IN LA PORTE - EDIFICE NEEDS WORK TO BE VIABLE- DWELLING WAS USED AS A RESIDENCE UNTIL RECENTLY - PROPERTY IS ZONED COMMERCIAL - PRIME LOCATION IN BUSY COMMERCIL AREA - CLOSE TO LA PORTE HIGH SCHOOL - IDEAL FOR OFFICES OR FOR A DAY CARE SITUATION - SELLERS ARE ANXIOUS - BEING SOLD IN ITS PRESENT CONDITION
Investor Tools
$371,909
Estimated Property Value
$149,890Estimated Mortgage Balance
$222,019Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,231 /month
Positive
Cash Flow Estimate:
$744 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,494
$371,909
2025
$133,000
$238,909
$371,909
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,494
$371,909
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quest Trust Company
Purchase Money Mortgage
$160,000
No
First
Dec 16, 2022
Dec 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,890
$222,019
59%
40%
$960/mo
