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$732,000

NAL Estimated Property Value

1131 Alex Dr, Gilchrist, TX, 77617

$853,823 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,037 Sq Ft
price_per_sqft$357.88 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size11,256 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces6

Land Information

APN1939-0000-0011-000
Lot Number11
SubdivisionThe Breakers (2018) Abst 54
Land UseResidential
Legal DescriptionLOT 11 THE BREAKERS (2018) ABST 54 & UND INT IN DET AREA & PRVT ROW & UND INT IN DET AREA & PRVT ROW
Census Tract723900
Assessed Land Value$76,640
Assessed Improvement Value$383,153
Assessment Year2025

About this property

Dreaming of a beach getaway, look no further! This home has it all. 5 bedrooms, 3 bath home is perfect for large families or groups with multi-level panoramic views of the ocean, pelicans, dolphins and sunsets over the bay. It is beautifully furnished for all the comforts of home but with all the luxuries of a coastal getaway complete with a large front deck with awesome tall deck chairs for views of the ocean and an outdoor dining area for 8. A spacious fully equipped gourmet kitchen, Stainless appliances, granite counter tops, open to the large living area, Upstairs LOFT Great for kids perfect for a bunk room with a closet and bathroom. Underneath the house you will find plenty of covered parking and an outdoor shower a large entertainment area with bar and counter space, charcoal grill, bar stools and picnic tables with views of the ocean, a fenced backyard for kids or pets that backs up to The Breakers pond full of frogs and ducks; an outdoor lovers paradise.

Investor Tools

Property Icon
$732,000
Estimated Property Value
$594,350Estimated Mortgage Balance
$137,650Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$853,822
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,392 /month
Positive
Cash Flow Estimate:
$1,464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,072/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,206
$459,793
2025
$76,640
$383,153
$459,793
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,206
$459,793

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$647,200
No
First
Jan 10, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,350
$151,650
20%
81%
$3,881/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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