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$475,000

NAL Estimated Property Value

2923 Blue Water Hwy, Surfside Beach, TX, 77541

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,280 Sq Ft
price_per_sqft$312.42 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating ElectricHeating Electric
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size21,980 sqft

Building Information

Year Built2016
Stories1
Roof Type105

Land Information

APN7872-0000-013
Lot Number13
SubdivisionSurfside Beach Estates
Land UseResidential
Legal DescriptionSURFSIDE BEACH ESTATES (A0639 R H BARROW) LOT 13
Census Tract664200
Assessed Land Value$136,100
Assessed Improvement Value$274,900
Assessment Year2025

About this property

Capturing the serene spirit of Surfside Beach, 2923 Bluewater Hwy presents a 2016-built, fully furnished home set on a generous 21,980 sqft lot. With 3 bedrooms and 3 bathrooms across 1,280 sqft, it offers immersive views of the bay, wetlands, Gulf of Mexico, barges navigating the Intracoastal Waterway, and wildlife from two expansive decks and the downstairs area under the home. The well-received floor plan, with two primary suites, caters to both intimate retreats and joyful gatherings, making it a rental favorite. A whole-house water filtration system, vinyl siding, two decks (one partially covered), an enclosed outdoor shower, proximity to the golf cart path, and drive-on beach access just a few houses down enhance its allure. Turnkey and rental ready, this is a coastal dream awaiting your claim. Existing reservations can be transferred to the new owner if wanted. Reach out for a private tour so you can see what island life is all about!

Investor Tools

Property Icon
$475,000
Estimated Property Value
$215,861Estimated Mortgage Balance
$259,139Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$857/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,907
$411,000
2025
$136,100
$274,900
$411,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,907
$411,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$222,832
Yes
First
Aug 28, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,861
$234,139
52%
45%
$1,336/mo

City: Surfside Beach

2923 Blue Water Hwy | Property Details | No Agent List