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Days81Days on Market
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$1,450,000

$1,500,000

208 Coconut St, Tiki Island, TX, 77554

On MarketInfo
Price DropInfo
Beds3 Beds
Baths4 Bath
Baths3,072 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$472.01 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size15,050 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces15

Land Information

APN5143-0000-0026-000
Lot Number27R3
SubdivisionMilans Corner 2nd Replat (2009) Abst 7
Land UseResidential
Legal DescriptionMILANS CORNER 3RD REPLAT (2022) ABST 7 LOT 27R3 (26-0)
Census Tract723800
Assessed Land Value$489,178
Assessed Improvement Value$460,822
Assessment Year2025

About this property

Furnished waterfront living on Tiki Island with a rare 15,050 sq ft double lot, nearly triple the size of a standard island lot. 133 feet of wide-water canal frontage and a concrete bulkhead. Deep-draft vessel access and desirable east-facing exposure. The layout includes open-concept living oriented to the water, elevator access, a guest suite with a kitchenette, living area, bedroom and bath, a loft/flex space, and a separate entry. Inside, quartz countertops, LVP flooring, fresh paint, smart Samsung Bespoke appliances, and staircase improvements create a polished finish. East-facing decks, patios, and docks offer outdoor living. The grounds include a pool and spa, boat lift, jet-ski lift, outdoor kitchen, mosquito mister, WiFi sprinkler system, remote storm shutters, tandem garage bays for five vehicles, 50-amp RV plug, and a stamped driveway. Recent updates include 2023 HVAC systems and a quartz aggregate pool finish. Low-cost assumable flood insurance! Furniture conveys with home.

Investor Tools

Property Icon
$1,485,000
Estimated Property Value
$647,200Estimated Mortgage Balance
$887,346Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,910 /month
Positive
Cash Flow Estimate:
$2,970 /month

Interested in this property?

Kelly Dean

SWK Realty Group LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,067/month
$70/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,377
$950,000
2025
$489,178
$460,822
$950,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,377
$950,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bay Cu
Conventional
$647,200
No
First
May 2, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$597,654
$887,346
59%
40%
$3,881/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: Tiki Island

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208 Coconut St | Property Details | No Agent List