Last 24 Hours
$753,940
NAL Estimated Property Value102 Majuro Drive, Tiki Island, TX, 77554
Off Market
3 Beds
2 Bath
1,382 Sq Ft
Single Family Residence
$307.53 / sqft
Built in 1977Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Oven
FlooringLaminate
Exterior
Lot Size4,443 sqft
Building Information
Year Built1977
Stories1
Roof Type112
Garage Spaces4
Land Information
APN7137-0000-0001-000
Lot Number1
SubdivisionTiki Island 3
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 1 TIKI ISLAND SEC 3
Census Tract723800
Assessed Land Value$302,120
Assessed Improvement Value$451,820
Assessment Year2025
About this property
First time to hit the market, this awesome bayfront home has the most gorgeous view in all of Tiki, and 85 feet of waterfront. Home has been very well maintained with hardie siding, fresh paint inside & out, and wide plank laminate. This one owner home was one of the very first to be built on the Island. The owners picked this lot for its magnificent view and later discovered it to be a true honey hole for fishing. Large deck, fish light, and elevator all add to this home.
Investor Tools
$753,940
Estimated Property Value
$291,043Estimated Mortgage Balance
$462,897Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,524 /month
Positive
Cash Flow Estimate:
$1,508 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,592/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,338
$753,940
2025
$302,120
$451,820
$753,940
No
Tax History
Year
Tax Paid
Assessed Value
2024
$15,338
$753,940
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Meagan Glenney Hilliard
Assumption
$315,750
Yes
First
Mar 1, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,043
$462,897
61%
39%
$1,894/mo
12.4%