$248,000
NAL Estimated Property Value18 Flounder Cir Fl Ounder, Freeport, TX, 77541
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet, Laminate
Exterior
Exterior FeaturesBoat Slip
Lot Size4,953 sqft
Building Information
Year Built1987
Stories1
Roof Type105
Garage Spaces1
Land Information
APN3352-0009-009
Lot Number9
SubdivisionDemijohn Island Sec 4
Land UseResidential
Legal DescriptionDEMIJOHN ISLAND SEC 4 (A0157 G M BRYAN) LOT 9
Census Tract664100
Assessed Land Value$45,070
Assessed Improvement Value$143,210
Assessment Year2025
About this property
Unique opportunity on Demijohn Island excellent residence or weekend retreat, in exceptionally family friendly neighborhood, this is a must see!.Community has pool and boat ramp. Coastal Living on Bastrop Bayou, Bastrop Marina nearby. Waterway access to Bastrop, Christmas, West Galveston Bays, San Louis Pass, Brazoria National Wildlife Refuge, Surfside Beach 14 mile drive.
Investor Tools
$248,000
Estimated Property Value
$88,251Estimated Mortgage Balance
$159,749Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
$275/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$527
$157,187
2025
$45,070
$143,210
$188,280
No
Tax History
Year
Tax Paid
Assessed Value
2024
$527
$157,187
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$90,670
No
First
Nov 4, 2024
Dec 2044
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,251
$156,749
63%
36%
$544/mo
