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$791,990

NAL Estimated Property Value

233 Mimosa, Matagorda, TX, 77457

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,738 Sq Ft
price_per_sqft$315.88 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3

Exterior

Lot Size11,996 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APN129619
Land UseResidential
Legal DescriptionRIVER RUN S/D, BLOCK 1, LOT 2&3, ACRES .2754
Census Tract730502
Assessed Land Value$462,000
Assessed Improvement Value$329,990
Assessment Year2025

About this property

Waterfront home straddling two lots with 120' of bulkhead. Pier has two boat slips with electric lifts in each. Custom built home in 1995 with three bedrooms and two bathrooms upstairs and a bonus room and full bathroom downstairs with two car attached garage. Exterior elevator added 5 years ago. Fully furnished. Decking overlooking river above boat lifts. Walkway leading from decking to home. Lots of area for entertaining and enjoying the outdoors. Master on-suite. Living, Kitchen, master, and upstairs bedroom have gorgeous views of the river. Tucked away on the north side of Matagorda town-site in a secluded subdivision. 60 foot lot adjoining also for sale.

Investor Tools

Property Icon
$791,990
Estimated Property Value
$375,628Estimated Mortgage Balance
$416,362Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,752 /month
Positive
Cash Flow Estimate:
$1,584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,794
$791,990
2025
$462,000
$329,990
$791,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,794
$791,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$422,800
No
First
Aug 27, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$375,628
$416,362
52%
47%
$2,535/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: Matagorda

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233 Mimosa | Property Details | No Agent List