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$597,000

NAL Estimated Property Value

1014 Tiki Drive, Tiki Island, TX, 77554

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.22 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Electric Range, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size5,998 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces6

Land Information

APN7132-0000-0018-000
Lot Number18
SubdivisionTiki Cove Estates (99)
Land UseResidential
Legal DescriptionABST 7 LOT 18 TIKI ISLAND SEC 11
Census Tract723800
Assessed Land Value$113,340
Assessed Improvement Value$221,660
Assessment Year2025

About this property

Cheerful blue bayfront home that's ready for immediate move-in! High ceiling and walls of window with natural light fills this open concept floor plan * Huge living and dining space looks out to the calming & serene water view * Enjoy relaxation on the extended balcony * Kitchen has beautiful granite counter tops with bar top for row of bar stools & walk-in pantry * Brand new carpet in the master bedroom & secondary bedrooms * New paint throughout entire house * Huge utility room inside * Downstairs has one enclosed garage and spacious area for entertainment with upfront view of the water for fishing and barbecuing * Community has boat launch area, playground, & picnic pavilion. Ideal home as primary residence or 2nd vacation home.

Investor Tools

Property Icon
$597,000
Estimated Property Value
$182,863Estimated Mortgage Balance
$414,137Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,582 /month
Positive
Cash Flow Estimate:
$1,194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,131
$335,000
2025
$113,340
$221,660
$335,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,131
$335,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$202,175
No
First
May 7, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,863
$414,137
69%
31%
$1,213/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.

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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: Tiki Island

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1014 Tiki Drive | Property Details | No Agent List