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$1,500,000

12 Tiki Cir, Tiki Island, TX, 77554

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,423 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$619.07 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Trash Compactor, Microwave, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Dock
Lot Size6,952 sqft

Building Information

Year Built1998
Roof Type105
Garage Spaces5

Land Information

APN7150-0000-0002-000
Lot Number2
SubdivisionTiki Island 15a (Th)
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 2 (2-0) TIKI ISLAND SEC 15A REPLAT***DEFERRAL***
Census Tract723800
Assessed Land Value$374,820
Assessed Improvement Value$438,520
Assessment Year2025

About this property

Ideally positioned in one of Tiki Island's most sought-after waterfront locations with NO HOA, this exceptional retreat offers the perfect blend of comfort, style & effortless access the best boating on the Texas Coast. Step outside to your own private waterfront oasis where you'll enjoy year-round relaxation in the heated swimming pool! This property offers direct access to Galveston Bay & the deep waters of the Gulf of America, making every day an opportunity for adventure. Whether your passion is boating, kayaking, paddleboarding or fishing from your own backyard, this home offers unparalleled waterfront lifestyle. Designed with elegance & entertaining in mind, the spacious living, dining & kitchen areas create an inviting space for family & friends, while the well-appointed kitchen serves as the heart of the home. Generous sized bedrooms provide comfortable accommodations, with the spacious primary suite offering a private balcony & spectacular views. See picture details for more!

Investor Tools

$174,242Estimated Mortgage Balance
$691,758Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

Interested in this property?

Tyler Harding

Call It Closed Int'l Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,018
$813,340
2025
$374,820
$438,520
$813,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,018
$813,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$175,000
No
First
Mar 19, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,242
$691,758
79%
20%
$1,050/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: Tiki Island

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