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$138,509

18800 Egret Bay Boulevard 1603, Webster, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths976 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$128.07 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Building Information

Year Built1983

Land Information

APN1155910180003
SubdivisionTranquility Lake Condo
Land UseResidential
Legal DescriptionUNIT 1603 BLDG R .67863 INT COMMON LAND & ELE TRANQUILITY LAKE CONDO
Census Tract341201
Assessed Land Value$26,317
Assessed Improvement Value$112,192
Assessment Year2025

About this property

Adorable 2 bedroom first-floor condominium just blocks from Pearce Lake and the Clear Lake waterway! Homeownership is made affordable in the gated and secure Tranquility Lake Condominium community in the heart of the Webster community. Step into this home to find stylish and easy to maintain wood-look laminate floors complemented by a slate grey paint selection in the main living space that encompasses a family room with a corner set wood burning fireplace and a dining room with quick access to the kitchen. In the kitchen, find white cabinetry, granite inspired laminate countertops, a 5 burner smooth glass cooktop, tile floors, and space for a stackable washer and dryer. This unit boasts dual master suites, each with a large walk-in closet and an en suite bathroom, as well as a covered & fenced patio with lockable storage & views of the greenspace. Tranquility Lake offers assigned covered parking with additional parking available, as well as a crystal clear community pool.

Investor Tools

Property Icon
$138,509
Estimated Property Value
$0Estimated Mortgage Balance
$138,509Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$831 /month
Positive
Cash Flow Estimate:
$277 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
$336/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,297
$138,509
2025
$26,317
$112,192
$138,509
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,297
$138,509

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$138,509
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$336/mo
+$1,134/mo
12.7%

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: Webster

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18800 Egret Bay Boulevard 1603 | Property Details | No Agent List