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$259,000

1079 Cedar Lane, Gilchrist, TX, 77617

$291,278 ARVInfo
Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$323.75 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Cooktop, Electric Range, Dishwasher, Oven, Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5350-0000-0033-000
Lot Number33
SubdivisionNorth Caplen
Land UseResidential
Legal DescriptionABST 64 PAGE 3 & 4 LOT 33 NORTH CAPLEN ADDN
Census Tract723900
Assessed Land Value$60,000
Assessed Improvement Value$236,090
Assessment Year2025

About this property

Beautiful raised coastal cottage just minutes from the beach in Gilchrist! This charming 2-bedroom, 2-bath home is ideal as a primary residence, vacation getaway, or short-term rental. Bright interior features a stylish kitchen with butcher block countertops, custom cabinetry, and soft-close drawers. Bathrooms offer custom-built vanities and tasteful finishes throughout. Downstairs sand shower makes cleanup after beach days easy. Sold fully furnished, this home is move-in and rental ready. Enjoy community amenities including a pool, playground, and picnic area. Low tax rate adds even more appeal to this turnkey beachside property.

Investor Tools

$237,012Estimated Mortgage Balance
$59,078Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$291,278
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,777 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
$438/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,796
$296,090
2025
$60,000
$236,090
$296,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,796
$296,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$250,380
No
First
Jun 12, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,012
$59,078
19%
80%
$1,502/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: Gilchrist

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1079 Cedar Lane | Property Details | No Agent List