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$349,999

$359,999

1040 Johnson Road, Gilchrist, TX, 77617

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths891 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$392.82 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size4,430 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces5

Land Information

APN5350-0000-0076-000
Lot Number76
SubdivisionNorth Caplen
Land UseResidential
Legal DescriptionABST 64 PAGE 3 & 4 LOT 76 NORTH CAPLEN ADDN
Census Tract723900
Assessed Land Value$53,160
Assessed Improvement Value$290,085
Assessment Year2025

About this property

MUST SEE – Extraordinary Opportunity! Beautiful new home in the sought-after Villas at Rollover Bay offering stunning views of both the Gulf of America and the Intracoastal Waterway. This move-in ready home features an additional side deck to maximize the views, a spacious loft, garage, and outdoor shower—perfect for rinsing off after a quick 30-second golf cart ride to the beach. The interior showcases tongue-and-groove stained wood flooring, stainless steel appliances, and elegant quartz countertops in both the kitchen and bathrooms. This home comes fully furnished and is ready for immediate enjoyment. The Villas at Rollover Bay community offers fantastic amenities including a pond, pavilion, observatory deck, playground, pool, BBQ, and lounging areas. RV parking, vacation rentals, and long-term rentals are allowed, making this property an excellent opportunity for a personal beach getaway, investment property, or full-time coastal residence.

Investor Tools

Property Icon
$366,000
Estimated Property Value
$0Estimated Mortgage Balance
$83,849Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

Interested in this property?

Wendy Dozier

RE/MAX On The Water -Bolivar

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,589
$343,245
2025
$53,160
$290,085
$343,245
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,589
$343,245

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$300,653
No
First
Feb 23, 2023
Mar 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,151
$83,849
22%
77%
$1,803/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.

Explore Texas Explore This Area
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: Gilchrist

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1040 Johnson Road | Property Details | No Agent List