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$605,000

NAL Estimated Property Value

1410 Lotus Dr Lot Us, Tiki Island, TX, 77554

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$346.2 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,401 sqft

Building Information

Year Built1978
Roof Type105
Garage Spaces5

Land Information

APN7140-0000-0038-000
Lot Number38
SubdivisionTiki Island 5a
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 38 TIKI ISLAND SEC 5A
Census Tract723800
Assessed Land Value$297,060
Assessed Improvement Value$307,940
Assessment Year2025

About this property

If you ever wanted to live on an island, now’s your chance! Come see this beautifully upgraded 3 bedroom, 2 1/2 bath home on a deep, protected canal with easy access to the ICW. Enjoy the lifestyle of living on Tiki Island. In back is a large deck for grilling and watching sunsets (deck furniture included) and a front balcony perfect for coffee or cocktails. The home has many upgrades including new high quality storm windows with a transferable warranty, crown molding in living/hallway and wood blinds throughout. Inside are hardwood floors and tile baths with marble countertops. Kitchen is white with quartz countertops, stainless appliances, and an island for food prep/eating. Entry is on the ground floor with interior stairs. Below are 2 garages, boat house, boat lift, and concrete bulkhead. Driveway has plenty of room for parking a boat trailer, golf cart and company. Boat and golf cart are negotiable, as is some furniture. All appliances stay.

Investor Tools

Property Icon
$605,000
Estimated Property Value
$0Estimated Mortgage Balance
$605,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,630 /month
Positive
Cash Flow Estimate:
$1,210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,499/month
$110/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,969
$605,000
2025
$297,060
$307,940
$605,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,969
$605,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$612,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Tiki Island

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1410 Lotus Dr Lot Us | Property Details | No Agent List