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$492,000

NAL Estimated Property Value

235 Anchor Dr, Freeport, TX, 77541

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,345 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$382.9 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 7Bathrooms Full 7
Heating ElectricHeating Electric
CoolingCooling
AppliancesMicrowave, Electric Range, Dishwasher, Oven
FlooringTile, Vinyl

Exterior

Exterior FeaturesBoat Slip
Lot Size5,998 sqft

Building Information

Year Built1984
Stories1
Roof Type105

Land Information

APN8046-0050-000
Lot Number22
SubdivisionTreasure Island No 2
Land UseResidential
Legal DescriptionTREASURE ISLAND NO 2 (A0029 S F AUSTIN) BLK 1 LOT 22
Census Tract664200
Assessed Land Value$207,000
Assessed Improvement Value$264,170
Assessment Year2025

About this property

Welcome to your Fisherman's Paradise! This stunning 3bdr/2.5 bath waterfront home boasts unbelievable water views that will take your breath away. Step inside, and you'll be greeted by beautiful wood ceilings that add character to this inviting space. With two boat lifts and direct access to the bay, this property is a dream for water lovers. Wake up to the sound of gentle waves and the sight of sparkling waters every day. The oversized deck is a true gem, perfect for relaxing and taking in the serene surroundings. This turnkey property is not only a peaceful retreat but also a fantastic investment opportunity. The open-concept layout creates a seamless flow between the living, dining, and kitchen areas, making it ideal for entertaining guests. Located just a stone's throw away from the beach, you'll have easy access to sandy shores. Whether you're a fishing enthusiast, a beach lover, or simply seeking a slice of waterfront paradise, this property offers it all.

Investor Tools

Property Icon
$492,000
Estimated Property Value
$279,578Estimated Mortgage Balance
$212,422Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$933/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,741
$471,170
2025
$207,000
$264,170
$471,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,741
$471,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$290,000
No
First
May 22, 2024
Jun 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,578
$191,592
40%
57%
$1,739/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.

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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: Freeport

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235 Anchor Dr | Property Details | No Agent List