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Days57Days on Market
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$360,000

11 Chimaera Road, Sargent, TX, 77414

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$352.94 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2.5Bathrooms 2.5
AppliancesElectric Range, Oven, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesBalcony, Dock
Lot Size3,920 sqft

Building Information

Year Built1975
Garage Spaces3

Land Information

APN34523
Lot Number516
SubdivisionDowney Caney Creek
Land UseResidential
Legal DescriptionDOWNEY CANEY CREEK SEC 14, LOT 516
Census Tract730503
Assessed Land Value$25,740
Assessed Improvement Value$166,900
Assessment Year2025

About this property

Welcome to 11 Chimaera Road in Sargent, a canal-front coastal retreat offering the kind of setup waterfront buyers look for. Located on a corner lot in Downey Caney Creek and owned by the same family since it was built, the property sits at the intersection of two canals with approximately 310 feet of waterfront. Days here can start with fishing from the pier, already set up for fishing lights, or launching from the separately gated concrete boat launch built in 2015. Upstairs, the main living spaces are designed to enjoy the views, with a raised living room ceiling, laminate flooring, double-pane windows, a tankless water heater, and a custom-built kitchen island. The patio off the living room offers room to expand or potentially add a roof in the future. With a bulkhead, cargo lift, storage/workshop space, ample parking, and ongoing beach protection nearby, this home blends comfort, function, and true coastal appeal.

Investor Tools

$21,462Estimated Mortgage Balance
$278,538Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Andrew Shaghoury

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
$24/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,715
$192,640
2025
$25,740
$166,900
$192,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,715
$192,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$82,460
No
First
Apr 21, 2014
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,462
$278,538
92%
7%
$0/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: Sargent

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11 Chimaera Road | Property Details | No Agent List