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$922,000

NAL Estimated Property Value

1314 Hawaii Dr, Tiki Island, TX, 77554

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$508.91 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesBoat Slip, Balcony
Lot Size11,935 sqft

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces5

Land Information

APN7137-0000-0060-000
Lot Number60
SubdivisionTiki Island 3
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 60-R (60-0) TIKI ISLAND SEC 3 REPLAT
Census Tract723800
Assessed Land Value$656,450
Assessed Improvement Value$383,340
Assessment Year2025

About this property

120 ft of Waterfront on a Deep water canal in Tiki Island. This three bedroom, two bath home offers a spacious open floor plan with over 1,000 sq. ft. of outdoor decks and sits on two lots. The second lot provides a great space for entertaining with a large palapa featuring a bar, TV, speakers, beach-style sand, and plenty of room for a future pool. The kitchen has a large island, pot and pan drawers, breakfast bar, under-cabinet lighting, KitchenAid double oven, induction cooktop, warming drawer, and dishwasher. The primary bedroom has a private covered deck and an ensuite bathroom with a separate shower and soaking tub, along with a spacious walk-in closet. Impact resistant windows & doors are installed throughout the home along with a fire-suppression system in the kitchen and on the lower level. The ground level offers ample parking, storage space, RV or boat trailer parking, and the ability to park a large boat, and a fenced-in dog run. Seller can close quickly.

Investor Tools

Property Icon
$922,000
Estimated Property Value
$0Estimated Mortgage Balance
$922,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$943/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,707
$777,538
2025
$656,450
$383,340
$1,039,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,707
$777,538

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$938,000
100%
0%
$0/mo

City: Tiki Island

1314 Hawaii Dr | Property Details | No Agent List