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$649,000

1524 Highway 87, Gilchrist, TX, 77617

$780,906 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,680 Sq Ft
price_per_sqft$386.31 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFreestanding Oven, Oven, Free-Standing Range, Dishwasher
FlooringTile

Exterior

Lot Size35,850 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces9

Land Information

APN0064-0056-0000-000
Subdivision- Franks, E Survey
Land UseResidential
Legal DescriptionABST 64 E FRANKS SUR TRACT 56, 0.8470 ACRES
Census Tract723900
Assessed Land Value$391,780
Assessed Improvement Value$484,470
Assessment Year2025

About this property

Experience beachfront living at its finest in this beautifully maintained Gulf-front home! The open-concept design features a spacious living area with panoramic beach views, a chef's kitchen with granite countertops, custom cabinetry, stainless steel appliances, and a large island perfect for gathering. Step onto the expansive covered deck to enjoy the sights and sounds of the Gulf, or relax in the spacious downstairs entertaining area. A cargo lift adds everyday convenience, making this home an ideal primary residence, vacation getaway, or income-producing rental.

Investor Tools

$0Estimated Mortgage Balance
$876,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$780,905
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,258 /month
Positive
Cash Flow Estimate:
$1,753 /month

Interested in this property?

Elizabeth Boles Terminella

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,152
$876,250
2025
$391,780
$484,470
$876,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,152
$876,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$876,250
100%
0%
$0/mo

City: Gilchrist