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$582,000

1356 Neubauer Point Rd, Riviera, TX, 78379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$405.63 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4

Exterior

Lot Size21,693 sqft

Building Information

Year Built2013

Land Information

APN29787
Lot NumberB
Land UseResidential
Legal DescriptionNORTH SHORE DR, BLOCK (OUT OF BLOCK B KOCH SUB 4), LOT B, ACRES .5
Census Tract020101
Assessed Land Value$192,340
Assessed Improvement Value$289,220
Assessment Year2025

About this property

Welcome to your coastal escape on Baffin Bay! Situated on a rare half-acre lot, this waterfront property offers stunning panoramic views and versatile living spaces, making it ideal as a private retreat, vacation getaway, or income-producing investment. The main residence features 2 bedrooms, 2 baths, and over 1,600 square feet of open-concept living. The spacious kitchen is a chef’s dream with a center island, breakfast bar, gas and electric stove, and dual oversized pantries. Painted concrete floors throughout ensure durability and low maintenance, while large windows invite in abundant natural light and showcase the bay views. This property includes not one, but two separate guest quarters. One features 2 bedrooms, a full bath, a living area, and a full-sized kitchen. The other is a studio-style suite with space for 2 beds and a private bath—perfect for hosting loved ones or short-term rental guests. Step outside and experience what makes this home truly special: a newly built 200-foot private fishing pier with lighting and benches, ready for early-morning casts or evening relaxation. Enjoy outdoor meals under the covered pavilion, complete with a fish cleaning station and grilling area. A large carport, additional storage building, and plenty of parking ensure comfort for both owners and guests. Don’t miss your chance to own this rare Baffin Bay gem—where bay front living, unmatched fishing, and rental income potential come together.

Investor Tools

Property Icon
$582,000
Estimated Property Value
$250,000Estimated Mortgage Balance
$342,158Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,081
$481,560
2025
$192,340
$289,220
$481,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,081
$481,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$250,000
No
First
Jan 29, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,842
$342,158
58%
41%
$1,499/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: Riviera

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1356 Neubauer Point Rd | Property Details | No Agent List