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General Description
minimizeLooking for a lucrative opportunity in the thriving Southeast Texas region? Look no further! This property is brimming with potential for a quick flip or flexible rental. Port Arthur, an ideal destination for real estate investors, offers an abundance of prospects. The recent surge in skilled labor jobs, courtesy of the booming petro industry, has created a high demand for housing in the area. With a generously sized lot (7000 sq ft), you have plenty of room for growth. While the building's official square footage is about 1400 sq ft, this is not reflected in the tax records (garage/porch have been converted.) This rental property has served its purpose and is now primed for its next venture. We invite you to visit the property and explore the opportunities. Whether you choose to salvage the existing features, plan an extensive renovation, or opt for a complete teardown, the potential for profit is vast. Don't miss out on this chance to make your mark in this lucrative market.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $52.98 | $60,075 | 37.75% | $60,075 | 37.75% |
| 2022 | $38.46 | $43,611 | -11.49% | $43,611 | -11.49% |
| 2021 | $43.45 | $49,271 | 72.17% | $49,271 | 72.17% |
| 2020 | $25.24 | $28,618 | 33.23% | $28,618 | 33.23% |
| 2019 | $18.94 | $21,480 | 0.00% | $21,480 | 0.00% |
| 2018 | $18.94 | $21,480 | 0.00% | $21,480 | 0.00% |
| 2017 | $18.94 | $21,480 | 0.00% | $21,480 | 0.00% |
| 2016 | $18.94 | $21,480 | 0.00% | $21,480 | 0.00% |
| 2015 | $18.94 | $21,480 | 0.00% | $21,480 | 0.00% |
| 2014 | $18.94 | $21,480 | 0.00% | $21,480 | 0.00% |
| 2013 | $18.94 | $21,480 | 0.00% | $21,480 | 0.00% |
| 2012 | $18.94 | $21,480 | $21,480 |
2023 Jefferson County Appraisal District Tax Value
| Market Land Value: | $2,450 |
| Market Improvement Value: | $57,625 |
| Total Market Value: | $60,075 |
2023 Tax Rates
| PORT ARTHUR IND SCHOOL DIST: | 1.3263 % |
| CITY OF PORT ARTHUR: | 0.6486 % |
| PORT OF PORT ARTHUR: | 0.1785 % |
| SABINE-NECHES NAVIGATION DIST: | 0.0880 % |
| DRAINAGE DISTRICT #7: | 0.3206 % |
| JEFFERSON COUNTY: | 0.3590 % |
| Total Tax Rate: | 2.9210 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 190 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 146 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Excellent | 
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Property Map
minimize2340 4th Avenue Port Arthur TX 77642 was recently sold. It is a 0.16 Acre(s) Lot, 1,134 SQFT, 4 Beds, 1 Full Bath(s) in North Pa 2.
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