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B+
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Days106Days on Market
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$935,000

207 Lokai Street, Galveston, TX, 77554

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,541 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$367.97 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Refrigerator, Washer
FlooringTile

Exterior

Exterior FeaturesBalcony, Boat Slip
Lot Size4,617 sqft

Building Information

Year Built1996
Roof Type105
Garage Spaces4

Land Information

APN7148-0000-0062-000
Lot Number62
SubdivisionTiki Island 13
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 62 TIKI ISLAND SEC 13 REPLAT
Census Tract723800
Assessed Land Value$253,940
Assessed Improvement Value$516,870
Assessment Year2025

About this property

Gorgeous 4-bedroom, 3.5-bath coastal home offers the perfect blend of comfort and island living. Designed with an open-concept floorplan, the spacious living, dining, and kitchen areas flow seamlessly together — ideal for entertaining or relaxing after a day on the water. The kitchen features beautiful granite countertops, premium KitchenAid appliances, and ample cabinetry, making it both stylish and functional. Recently Remodeled The first level includes two generously sized bedrooms and two full baths, perfect for guests or multi-generational living. Upstairs, the private primary suite serves as a peaceful retreat, complete with its own balcony overlooking the water. Several upgrades have been added to this home. A list of a few updates: Upstairs: 3-ton air handler, 2.5-ton 16 SEER condenser, 10 kW heat strip; Downstairs: 4-ton air handler, 4-ton 16 SEER condenser, and Honeywell 9000 T stat.

Investor Tools

Property Icon
$926,000
Estimated Property Value
$0Estimated Mortgage Balance
$320,286Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,610 /month
Positive
Cash Flow Estimate:
$1,870 /month

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Bill Chilivetis

Bill Chilivetis, LP

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,195/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,714
$770,810
2025
$253,940
$516,870
$770,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,714
$770,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$540,000
No
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$605,714
$320,286
34%
65%
$3,850/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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207 Lokai Street | Property Details | No Agent List