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$188,320

NAL Estimated Property Value

1140 Marina Bay Dr 123B, Clear Lake Shores, TX, 77565

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,177 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$157.18 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Boat Slip
Lot Size1,176 sqft

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN5185-0002-0123-000
SubdivisionMoon Caye Condominiums (2001) Abst 18
Land UseResidential
Legal DescriptionMOON CAYE CONDOMINIUMS (2001) ABST 18 UNIT 123 BLDG B & 2.9124% INT IN COMMON ELEMENTS
Census Tract721503
Assessed Land Value$16,440
Assessed Improvement Value$235,610
Assessment Year2025

About this property

The location of this 2 bedroom 2 1/2 bath waterfront/water view condo is the best! Each bedroom has an en-suite bath and there is a powder room down. The family room features a wood burning fireplace and a patio overlooking Clear Lake and the Moon Caye swimming pool. Recent appliances and water heater. The 2nd patio/balcony has views of the boat slips and Clear lake. 2 covered & assigned parking spaces, a designated storage unit and a 30' deeper water boat slip with water and electricity. Recent appliances and water heater. The HOA covers water, trash, exterior insurance and water/electricity to the boat slip.

Investor Tools

Property Icon
$188,320
Estimated Property Value
$267,530Estimated Mortgage Balance
$188,320Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,130 /month
Positive
Cash Flow Estimate:
$377 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$101/month
$403/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$276
$188,320
2025
$16,440
$235,610
$252,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$276
$188,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lake Area Mortgage
Conventional
$135,750
No
First
Jul 2, 2025
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,530
N/A
0%
142%
$1,628/mo

City: Clear Lake Shores

1140 Marina Bay Dr 123B | Property Details | No Agent List