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$670,000

$749,999

1823 Tiki Dr, Galveston, TX, 77554

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths1,770 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$378.53 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,009 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces6

Land Information

APN7146-0000-0094-000
Lot Number94
SubdivisionTiki Island 11
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 94 TIKI ISLAND SEC 11
Census Tract723800
Assessed Land Value$275,500
Assessed Improvement Value$364,270
Assessment Year2025

About this property

MOTIVATED SELLER!!! Recently remodeled one story 3/2/2 with a recently serviced elevator on wide canal with easy access to West Galveston Bay. This home features a spacious open concept living, kitchen, dining area with a wall of windows. Front door is custom and installed in Feb. Kitchen has been remodeled with new wood cabinets, granite countertops, new dishwasher, double oven and range hood and new beer fridge. Both bedroom have newly remodeled bathrooms with seamless glass shower doors and new carpet in guest bedrooms and new tile in the rest of the rooms. All new decking and stairs, bar added downstairs for entertaining and added a room and half bath downstairs as well. With a powder coated fence around the yard. Remaining furnishing and the boat are negotiable. The 8500# boatlift/ cradle was built for a 27 ft boat. Hardie siding, gutters, expanded dock, sprinkler system, new A/C system and ductwork(2020), Done by previous owner. List of Upgrades and Improvements in photos.

Investor Tools

$547,151Estimated Mortgage Balance
$147,742Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

Interested in this property?

Gay Dillard

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,067/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$639,770
2025
$275,500
$364,270
$639,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$639,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$580,000
Yes
First
May 23, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$547,151
$202,849
27%
79%
$3,478/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: Galveston

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1823 Tiki Dr | Property Details | No Agent List