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$622,660

NAL Estimated Property Value

16606 Francis Drake Rd, Jamaica Beach, TX, 77554

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.4 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Refrigerator, Microwave, Electric Range, Electric Oven, Tankless Water Heater
FlooringTile, Wood

Exterior

Lot Size17,441 sqft

Building Information

Year Built2010
Stories2
Roof Type105
Garage Spaces5

Land Information

APN4187-0006-0015-000
Lot Number15
SubdivisionJamaica Beach Blk A & Pt Blk B
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 15 BLK F JAMAICA BEACH SEC 1 SECTION 1
Census Tract726101
Assessed Land Value$162,200
Assessed Improvement Value$460,460
Assessment Year2025

About this property

Beautifully maintained custom-built home located on oversized lot in “A-zone” - low (under $500 per year) flood insurance! This gorgeous home has impeccable architecture & design - offering convenient open living/kitchen/dining floor plan designed with entertaining in mind. Beach-friendly, tile & matching engineered flooring throughout, NO CARPET. Living area has built-in beadboard entertainment center featuring Carrara Marble counter, with access to the deck. Perfect for relaxing in a comfy chair & enjoying Galveston’s serene sunsets. Spacious kitchen has granite countertops, Blanco Anthraxite Diamond basin Silgranit sink, Stainless steel appliances featuring GE Cafe Series 5-burner dual fuel gas stove, refrigerator, & microwave, under-cabinet lighting, beadboard cabinetry & stylish tile floors. Master suite has great space, engineered floors, private decking, & attached master bath with jacuzzi tub, separate shower, & tile floors. Sold unfurnished. Never rented, permanent residence.

Investor Tools

Property Icon
$622,660
Estimated Property Value
$292,706Estimated Mortgage Balance
$329,954Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,736 /month
Positive
Cash Flow Estimate:
$1,245 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,201/month
$10/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,294
$622,660
2025
$162,200
$460,460
$622,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,294
$622,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bruce Krebs
Unknown
$331,500
No
First
May 13, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,706
$329,954
52%
47%
$1,988/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$1,998/mo
+$302/mo
4.4%

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.

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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: Jamaica Beach

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16606 Francis Drake Rd | Property Details | No Agent List