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NoAgentList RatingHow are grades calculated? Info
Days251Days on Market
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$700,000

1407 Tiki Dr, Tiki Island, TX, 77554

$762,105 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,327 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.82 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListMust-SellDeal ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Washer, Microwave, Electric Cooktop, Electric Oven
FlooringWood

Exterior

Lot Size7,187 sqft

Building Information

Year Built1975
Stories1
Roof Type127
Garage Spaces2

Land Information

APN7140-0000-0072-000
Lot Number72
SubdivisionTiki Island 5a
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 72 TIKI ISLAND SEC 5A
Census Tract723800
Assessed Land Value$395,290
Assessed Improvement Value$329,710
Assessment Year2025

About this property

Welcome to your dream coastal home, a spacious waterfront property located in the famous Tiki Island! Step into this recently remodeled entirely, easy to maintain home, built & remodeled to endure the abrasive salt breeze. Featuring 3 bedrooms, 2 full baths, 2 living areas, 2 kitchen, 2 patios overlooking the water, spacious concrete parking corner lot, a boat dock & lift, dual AC recently replaced, remodeled kitchen and bathrooms with large granite slabs & frameless glass, new patio doors & windows, wood look tile flooring on the 1st floor engineered wood on the entire 2nd floor. As you ascend to the 2nd floor, you 'll find another living area overlooking an oversized patio with unobstructed waterview! Both living room & both kitchen overlooking the boat dock and enchanting waterview! Step outside to watch the sunset over the gleaming water with a glass of wine!

Investor Tools

Property Icon
$693,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$422,185Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$762,104
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Pearl Ngo

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$811/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,262
$633,600
2025
$395,290
$329,710
$725,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,262
$633,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hung C Pham Etal
Purchase Money Mortgage
$300,000
No
First
May 14, 2021
May 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,343
$421,657
60%
39%
$1,799/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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1407 Tiki Dr | Property Details | No Agent List