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$570,000

16603 Jamaica Cove Road, Jamaica Beach, TX, 77554

$615,308 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$395.83 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Exterior FeaturesBalcony
Lot Size6,721 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces4

Land Information

APN4200-0013-0029-001
Lot Number29
SubdivisionJamaica Beach 13
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 29 (29-1) BLK M JAMAICA BEACH SEC 13
Census Tract726101
Assessed Land Value$189,030
Assessed Improvement Value$450,970
Assessment Year2025

About this property

Discover your waterfront dream, where coastal charm meets comfort in this exquisite canal-front home, perfectly situated on one of the most coveted streets in Jamaica Beach. Beautifully remodeled and fully furnished, this property is ready for you to move in or start generating rental income instantly. Featuring a versatile layout with 2 beds and 2 baths upstairs, plus an additional 2 beds and 1 bath downstairs, connected by external stairs. Enjoy the cozy wood-burning fireplace, perfect for intimate evenings or chilly nights. Step outside to discover an incredible wrap-around porch, enhancing the home's coastal vibe and expanding your living space to the great outdoors. The entertainment possibilities are endless in the ultimate outdoor area, featuring a spacious, roofed gazebo on the top deck with mesmerizing canal views, a fish cleaning station, and a covered boathouse. Your slice of paradise awaits.

Investor Tools

$446,458Estimated Mortgage Balance
$193,542Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$615,307
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,840 /month
Positive
Cash Flow Estimate:
$1,280 /month

Interested in this property?

Ashley Marquez

Keller Williams Horizons

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,011/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,936
$640,000
2025
$189,030
$450,970
$640,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,936
$640,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Unknown
$447,750
No
First
Apr 1, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$446,458
$193,542
30%
70%
$2,685/mo

City: Jamaica Beach