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$975,000

205 Blue Point Rd, Clear Lake Shores, TX, 77565

On MarketInfo
Beds— Beds
Baths1 Bath
Baths548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,642.34 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesMicrowave

Exterior

Exterior FeaturesBalcony, Boat Slip
Lot Size13,721 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN0018-0070-0000-000
Subdivision- Muldoon, M Survey (Trs & Lts)
Land UseResidential
Legal DescriptionABST 18 M MULDOON SUR TR 70 0.315 ACRS
Census Tract721503
Assessed Land Value$338,610
Assessed Improvement Value$376,720
Assessment Year2025

About this property

Rare waterfront opportunity in the heart of Clear Lake Shores! Offering over a quarter-acre with captivating water views and a direct sightline toward the Kemah Bridge, this exceptional property provides the perfect canvas for a custom coastal retreat. Envision a spacious residence with a resort-style pool, outdoor entertaining areas, and room to fully embrace the waterfront lifestyle. Tucked along a quiet street with the ability to keep your boat just steps from home, the location offers both privacy and convenience. Enjoy golf-cart-friendly island living just minutes from Kemah Boardwalk, waterfront dining, shopping, and entertainment. A unique opportunity to create something truly special in one of the area's most desirable waterfront communities.

Investor Tools

$0Estimated Mortgage Balance
$715,330Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

Interested in this property?

Rose O'Drobinak

UTR TEXAS, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,072
$715,330
2025
$338,610
$376,720
$715,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,072
$715,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$715,330
100%
0%
$0/mo

City: Clear Lake Shores

205 Blue Point Rd | Property Details | No Agent List