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$404,490

NAL Estimated Property Value

2229 Water Way, Seabrook, TX, 77586

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,263 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,823 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1212920020005
Lot Number5
SubdivisionLake Cove
Land UseResidential
Legal DescriptionLT 5 BLK 2 LAKE COVE SEC 9
Census Tract341502
Assessed Land Value$86,181
Assessed Improvement Value$318,309
Assessment Year2025

About this property

Welcome to 2229 Water Way, a stunning waterfront community nestled in Seabrook! The home features 3 bedrooms, 2 full bathrooms, 2 car garage and backyard with pergola and a hot tub! Spacious open-concept living area with high ceilings, large windows, formal dining area, home office/study, and kitchen equipped with granite countertops, and ample cabinet space. Primary suite features a walk-in closet and a spa-like ensuite bathroom with a soaking tub and separate shower. Cozy fireplace in the living room, great for family gatherings and relaxing evenings. NO Back neighbors! The neighborhood pool is just a short walk from the home –perfect for those sunny days! Close proximity to Kemah Boardwalk and Clear Lake. Ideal for outdoor enthusiasts with nearby parks, boating, and fishing! Don't miss your opportunity to call this one home! Schedule your showing today!

Investor Tools

Property Icon
$404,490
Estimated Property Value
$308,638Estimated Mortgage Balance
$95,852Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,427 /month
Positive
Cash Flow Estimate:
$809 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,854
$404,490
2025
$86,181
$318,309
$404,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,854
$404,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$332,405
No
First
Jul 20, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,638
$95,852
23%
76%
$1,993/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,870/mo
$1,993/mo
$-123/mo
5.5%

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: Seabrook

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2229 Water Way | Property Details | No Agent List