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NoAgentList RatingHow are grades calculated? Info

$716,000

1129 Lagoon Dr, Crystal Beach, TX, 77650

$923,129 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,692 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.66 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12,589 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces8

Land Information

APN7391-0000-0060-000
Lot Number60
SubdivisionWaterways Sec 2 Abst 179
Land UseResidential
Legal DescriptionWATERWAYS SEC 2 ABST 179, LOT 60, ACRES 0.289
Census Tract723900
Assessed Land Value$91,900
Assessed Improvement Value$539,100
Assessment Year2025

About this property

NOW located in the favorable A zone for affordable flood insurance!! Over 2600 Square feet of luxury awaits in this waterfront paradise located in the esteemed Waterways Addition. A gated private community in the heart of Crystal Beach. This grand escape is centered on two lots providing a total of 210' of freshly bulkheaded water with quick access to the Intracoastal Waterway and Galveston Bay. Covered boat lift, Fireplace, and game room are a few of the amenities that you will discover in this one-of-a-kind home. Built for entertaining with world class fishing at your door step.

Investor Tools

Property Icon
$716,000
Estimated Property Value
$484,000Estimated Mortgage Balance
$285,125Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$923,129
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,296 /month
Positive
Cash Flow Estimate:
$1,432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,128/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,961
$631,000
2025
$91,900
$539,100
$631,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,961
$631,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
N/A
Conventional
$484,000
No
First
Sep 21, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,875
$308,125
41%
60%
$2,902/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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1129 Lagoon Dr | Property Details | No Agent List