45Days on Market

1view

$1,150,000

1110 Papeete St, Tiki Island, TX, 77554

On Market

4 Beds

3 Bath

2,704 Sq Ft

Single Family Residence

$425.3 / sqft

Built in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Boat Slip

Lot Size5,445 sqft

Building Information

Year Built2005

Roof Type105

Garage Spaces5

Land Information

APN7136-0000-0048-000

Lot Number48

SubdivisionTiki Island 2

Land UseResidential

Legal DescriptionABST 7 S C BUNDICK SUR LOT 48 TIKI ISLAND SEC 2

Census Tract723800

Assessed Land Value$299,480

Assessed Improvement Value$498,361

Assessment Year2025

About this property

Waterfront living on Tiki Island! This spacious home offers 2,704 SF of coastal comfort with canal frontage, a new 2026 boat slip & easy bay access for boating, fishing & waterfront recreation. Enjoy expansive canal-side decks with covered outdoor living areas perfect for dining, entertaining, BBQs & relaxing while taking in beautiful water views. Inside, soaring ceilings, abundant natural light, wood flooring & a picturesque fireplace create an inviting atmosphere. The large kitchen features extensive workspace, prep sink, breakfast bar & corner pantry. The primary suite includes dual vanities, soaking tub, separate shower & dual walk-in closets. Recent updates include new HardiePlank siding, exterior paint & lighting (2025), plus new carpet & custom tile shower (2026). Additional highlights include an oversized high-clearance double garage, 3-lane driveway, outdoor shower, dual HVAC systems, fenced side yards & multiple balconies. Island living at its finest!

Investor Tools

$1,017,000

Estimated Property Value

$400,000Estimated Mortgage Balance

$720,521Estimated Equity

61% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,900 /month

Positive

Cash Flow Estimate:

$2,300 /month

Interested in this property?

Shelly Mattingly-Arnold

Keller Williams Realty Clear Lake / NASA

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$907/month

$40/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,796

$778,163

2025

$299,480

$498,361

$797,841

Tax History

Year

Tax Paid

Assessed Value

2024

$5,796

$778,163

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Americas Choice Home Loans Lp

Conventional

$400,000

First

Sep 22, 2014

Oct 2044

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$296,479

$720,521

70%

29%

$0/mo

Learn About the Market: Opportunity in Texas

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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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