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$735,900

1414 Lotus Drive, Tiki Island, TX, 77554

$837,707 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,453 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Exterior FeaturesBalcony, Side Yard, Boat Lift, Boat Slip
Lot Size5,401 sqft

Building Information

Year Built1998
Roof Type105
Garage Spaces5

Land Information

APN7140-0000-0037-000
Lot Number37
SubdivisionTiki Island 5a
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 37 TIKI ISLAND SEC 5A
Census Tract723800
Assessed Land Value$297,060
Assessed Improvement Value$468,370
Assessment Year2025

About this property

WOW—check out the value at approx. $300/SF on Tiki Island! This beautifully refreshed 3BR, 2.5BA home + bonus room features an open floor plan, 10' ceilings & soaring windows that fill the home with natural light and showcase the views. Updates include fresh paint throughout, new carpet, updated baths with new tub, tile, countertops & fixtures, all-new kitchen appliances and updated lighting. Main level offers a guest BR with ensuite bath, while upstairs you'll find the spacious primary + additional guest BR. Generous walk-in closets & 3 decks provide plenty of storage and outdoor living with great views. Located just off Tiki Lake—paddleboard, kayak or meet friends by boat for a sunset cruise around the island. Be where the action is and enjoy the Tiki lifestyle at an incredible value!

Investor Tools

$27,433Estimated Mortgage Balance
$804,567Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$837,707
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,992 /month
Positive
Cash Flow Estimate:
$1,664 /month

Interested in this property?

Diana Wilson

Better Homes and Gardens Real Estate Gary Greene - Bay Area

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,723
$765,430
2025
$297,060
$468,370
$765,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,723
$765,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Unknown
$73,307
No
First
Mar 30, 2004
Apr 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,433
$804,567
96%
3%
$440/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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