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$236,000

NAL Estimated Property Value

1116 Rainbow Drive, Crystal Beach, TX, 77650

Off MarketInfo
Baths0 Bath
Baths600 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Exterior FeaturesBoat Slip
Lot Size10,803 sqft

Building Information

Year Built2002
Stories1
Garage Spaces4

Land Information

APN2906-0000-0055-000
Lot Number55
SubdivisionCrystal Canals Sec 2 (2001)
Land UseResidential
Legal DescriptionABST 179 J SHAW SUR LOT 55 CRYSTAL CANALS SEC 2
Census Tract723900
Assessed Land Value$70,520
Assessed Improvement Value$53,190
Assessment Year2025

About this property

TWO WATERFRONT LOTS on the canal in the heart of Crystal Beach. This property offers a large covered patio, with easy access to 2 RV hookups on the corner of Rainbow Dr. The 700+/- sq ft Aluminum Framed porch offers a kitchen, bathroom, and space to entertain! There is plenty of storage in the portable shed to carry your beach, lawn, and/or boating and fishing equipment. The boat slip provides direct access to the canal that leads into the ICW! Enjoy the covered areas for shade and top deck of the boat lift for sun. Close to all restaurants and attractions.

Investor Tools

Property Icon
$236,000
Estimated Property Value
$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,787
$123,710
2025
$70,520
$53,190
$123,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,787
$123,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,000
100%
0%
$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: Crystal Beach

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1116 Rainbow Drive | Property Details | No Agent List