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$725,000

NAL Estimated Property Value

103 Coconut Road, Surfside Beach, TX, 77541

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths2,120 Sq Ft
price_per_sqft$389.15 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesMicrowave, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size7,579 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces1

Land Information

APN7888-0000-001
Lot Number1
Subdivision29 Palm S/D
Land UseResidential
Legal Description29 PALM S/D (BCIC DIV 1) (SURFSIDE) LOT 1 ACRES .174
Census Tract664200
Assessed Land Value$409,270
Assessed Improvement Value$315,730
Assessment Year2025

About this property

6-bedroom beachfront home with excellent rental history and ramped walkover attached to the deck for easy beach access! This house is always a fan favorite with the ginormous, two-level deck with a ramp and unobstructed beachfront views. The living area with an electric fireplace, two bedrooms, and a guest bathroom are on the main floor. Upstairs are three guest bedrooms, one primary suite with access to the deck, and a guest bathroom. Downstairs is a small deck area with plumbing to add a ground-level bathroom, garage, and yard space. Attached by a walkover to two other houses, this setup is popular for church groups and corporate events during the off-season. Other features include a new AC unit, whole house water filtration, and incredible water views! Surfside Beach is well known for being family-friendly and was voted the best Texas beach in 2019! Feel free to reach out with any questions. We would love to help you explore the possibilities of beachfront living here at Boat House!

Investor Tools

Property Icon
$725,000
Estimated Property Value
$616,113Estimated Mortgage Balance
$108,887Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,583
$725,000
2025
$409,270
$315,730
$725,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,583
$725,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$660,000
No
First
Oct 26, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$616,113
$108,887
15%
85%
$3,958/mo

City: Surfside Beach

103 Coconut Road | Property Details | No Agent List