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Port Lavaca 77979
1515 Leon Drive
$135,000 Last Listed Price
● House - Off Market

1515 Leon Drive

Port Lavaca, TX 77979
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$776
Est. Monthly

About This Property

This well-maintained 3-bedroom, 1.5-bath home is perfect for first-time homebuyers, retirees, or investors looking for a great opportunity. Featuring a thoughtfully designed layout, this home offers comfortable living spaces with plenty of natural light. Enjoy peace of mind with a move-in ready home that has been lovingly cared for. Whether you're looking for a starter home, downsizing, or expanding your investment portfolio, this property is a must-see. Schedule your showing today!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$112
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (HAR #83312601)

Price History

Date / Event Date Event Price
Mar 6, 2025 Sold
Premium
Sold
Mar 5, 2025 In contract -
In contract
Feb 5, 2025 Listed by RE/MAX Land & Homes on the Bay $135,000
Listed by RE/MAX Land & Homes on the Bay
This well-maintained 3-bedroom, 1.5-bath home is perfect for first-time homebuyers, retirees, or investors looking for a great opportunity. Featuring a thoughtfully designed layout, this home offers comfortable living spaces with plenty of natural light. Enjoy peace of mind with a move-in ready home that has been lovingly cared for. Whether you're looking for a starter home, downsizing, or expanding your investment portfolio, this property is a must-see. Schedule your showing today!

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,041
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ALAMO HEIGHTS #2 (PORT LAVACA), BLOCK 32, LOT 14, & PT OF ABND ALLEY

Neighborhood

  • School Tax School District: NV6 S01
  • Census Tract: 000200

Geography

  • Account Number: S0010-00320-0013-00
  • Parcel: 93695
  • Block: 32
  • Lot: 14
  • Latitude: 28.6012
  • Longitude: -96.6307

    Address

  • Full Address: 1515 Leon Dr
  • Address - House Number: 1515
  • Address - Street Name: Leon
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Port Lavaca
  • Carrier Code: C003
  • 4-Digit Zip Code: 4632
  • Zip Code: 77979

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: C04 FML G0

    Market Valuation

  • Market Total Value: $55,855
  • Market Land Value: $4,000
  • Market Improvement Value: $51,855

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,855
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $51,855
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Port Lavaca

Stats & Trends

Median Asking:

$242,950

Sale Price/ft²

$145

Below Asking

0.08%

Average Days on Market

115

Average Home Size

2454 ft²

Average Home Age

56.5 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 201 Lowery Drive, Port Lavaca, TX, 77979

$800 /mo

  • 1 Bed
  • 1 Bath
  • 536 ft²
201 Lowery Drive #3, Port Lavaca, TX, 77979 Listing by Joseph Khuat
Unit for rent at 332 Independence Drive, TX, 77979

$964 /mo

  • 1 Bed
  • 1 Bath
332 Independence Drive #80, TX, 77979 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Annette Alonzo, RE/MAX Land & Homes on the Bay
Last Updated: 4 months ago
Data Source: HAR , MLS# 83312601
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 1515 Leon Drive built and last sold?
The property at 1515 Leon Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1515 Leon Drive is $136,350.
What are some comparable homes to 1515 Leon Drive?
There are currently no comparable homes to 1515 Leon Drive.
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