4Days on Market

1view

$2,549,900

2240 Marina Way, Kemah, TX, 77565

On Market

Just Added

4 Beds

7 Bath

5,996 Sq Ft

Single Family Residence

$425.27 / sqft

Built in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Bathrooms Half 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Wine Refrigerator, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Tile

Exterior

Private Pool

Exterior FeaturesBalcony, Outdoor Kitchen, Dock

Lot Size22,381 sqft

Building Information

Year Built2005

Stories2

Roof Type104

Garage Spaces10

Land Information

APN4808-0000-0006-000

Lot Number6

SubdivisionLookout Point At Marina Del Sol (2001) A

Land UseResidential

Legal DescriptionLOOKOUT POINT AT MARINA DEL SOL (2001) ABST 18, LOT 6, ACRES 0.514

Census Tract721502

Assessed Land Value$801,310

Assessed Improvement Value$1,108,690

Assessment Year2025

About this property

AMAZING CUSTOM MEDITERRANEAN HOME ON 1/2 ACRE ESTATE LOT W/ 170' OF WATERFRONT ON CLEAR LAKE - COUNTLESS AMENITIES INCL. GARAGE CASITA, 5 CAR GARAGE, ELEVATOR, 200' PIER, BOAT HOUSE, POOL, SPA W/ GROTTO, OUTDOOR KITCHEN & CABANA ROOM W/ CABANA BATH. STEP INSIDE TO A GRAND FOYER W/ COLUMNS & GROIN VAULTED CEILING, 24/X48" TILE FLOORS THROUGHOUT THE 1ST LEVEL, CONTEMPORARY LIVING SPACE W/ TILED FIREPLACE WALL, BUTTED GLASS WINDOWS OVERLOOKING THE LAKE, GOURMET KITCHEN W/ 12' ISLAND & WOLF 6 BURNER GAS RANGE, DINING W/ WET BAR, OFFICE & HUGE PRIMARY SUITE W/ COFFERED CEILINGS, FIREPLACE & UPDATED SPA BATH W/ STANDALONE TUB & GLASS WALK-IN SHOWER. 2ND LEVEL OFFERS 3 GUEST ROOMS W/ EN-SUITE BATHS, GAMEROOM W/ SUNROOM & MEDIA ROOM W/ THEATER SEATING. SEPARATE CASITA OFFERS A KITCHEN & FULL BATH. ENJOY INCREDIBLE OUTDOOR ENTERTAINING AREAS INCL A BALCONY, POOL, SEPARATE SPA W/ GROTTO WATERFALL, EXPANSIVE VERANDA W/ OUTDOOR KITCHEN, CABANA ROOM & POOL BATH, BOARDWALK & PIER W/ SUNDECK.

Investor Tools

$1,910,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,910,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$15,299 /month

Positive

Cash Flow Estimate:

$5,100 /month

Interested in this property?

Keith Owens

Owens & Associates Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,690/month

$1,500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,734

$1,910,000

2025

$801,310

$1,108,690

$1,910,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,734

$1,910,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,910,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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