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$409,000

1218 Edwards Dr, Dickinson, TX, 77539

$487,593 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.63 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Exterior FeaturesBoat Lift, Boat Slip
Lot Size8,364 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces1

Land Information

APN3160-0000-0012-000
Lot Number12,ADJ
SubdivisionEdwards Landing
Land UseResidential
Legal DescriptionABST 10 A EDWARDS SUR LOT 12 & PT ADJ CANAL EDWARDS LANDING SUB
Census Tract721800
Assessed Land Value$50,180
Assessed Improvement Value$494,650
Assessment Year2025

About this property

This waterfront home features an open, airy floor plan with vaulted ceilings and multi-level living spaces that capture stunning views from every angle. Enjoy sunrise coffee overlooking the water, spacious gathering areas for friends and family, and a layout that brings the outdoors right into the heart of the home.Home requires repairs and is priced as-is, with no seller repairs. Front porch offers bay views, and the double deck with boat lift provides direct channel access. Property extends across the street, giving you extra space to customize. Buyers are encouraged to complete their own inspections to fully evaluate the condition of the home. The seller has not had any testing performed, so buyers should rely on their own due diligence and professionals for assessment. Lower level is enclosed for bonus area. Generous driveway parking for 3 cars. Open House this weekend. Bring your vision — seller is prepared for a fast sale.

Investor Tools

$238,345Estimated Mortgage Balance
$363,655Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$487,592
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,612 /month
Positive
Cash Flow Estimate:
$1,204 /month

Interested in this property?

Lisa Perrenoud

Orchard Brokerage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,034/month
$1,900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,392
$544,830
2025
$50,180
$494,650
$544,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,392
$544,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Fha
$273,710
Yes
First
Jul 5, 2011
Jul 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,345
$363,655
60%
40%
$2,109/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: Dickinson

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1218 Edwards Dr | Property Details | No Agent List