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$377,000

NAL Estimated Property Value

1356 W Bayshore Dr, Palacios, TX, 77465

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.85 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Dryer, Refrigerator, Washer, Microwave, Electric Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size19,166 sqft

Building Information

Year Built2005

Land Information

APNR13695
Lot Number400
SubdivisionCape Carancahua
Land UseResidential
Legal DescriptionCAPE CARANCAHUA #2, LOT 400 & PT 401, ACRES 0.44
Census Tract950100
Assessed Land Value$112,500
Assessed Improvement Value$253,575
Assessment Year2025

About this property

Waterfront, fully furnished home sits on 1-1/2 lots on the southern point of Cape Carancahua peninsula. The open space features large windows on all sides to allow the bay to be center stage in this home which makes for amazing view from the open kitchen, dining and living areas. The upstairs deck is over-sized and is great for outdoor dining, lounging in the sun and taking in all the activity on the water. This home features two large bedrooms each with large walk in closets. Downstairs is a third bathroom, a workshop, fenced in backyard which includes a well maintained bulkhead and new pier. Come and enjoy your new home with all the amenities Cape Carancahua has offer. Don't miss out on this gem!

Investor Tools

Property Icon
$377,000
Estimated Property Value
$198,034Estimated Mortgage Balance
$178,966Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,262 /month
Positive
Cash Flow Estimate:
$754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,190
$366,075
2025
$112,500
$253,575
$366,075
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,190
$366,075

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$219,375
No
First
Apr 13, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,034
$168,041
45%
53%
$1,316/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: Palacios

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1356 W Bayshore Dr | Property Details | No Agent List