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$515,000

305 Ocean Blvd, Freeport, TX, 77541

$598,177 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,762 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$292.28 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Must-SellDeal ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dishwasher, Oven
FlooringVinyl

Exterior

Lot Size5,976 sqft

Building Information

Year Built1964
Stories1
Roof Type183

Land Information

APN8045-0456-000
Lot Number9
SubdivisionTreasure Island
Land UseResidential
Legal DescriptionTREASURE ISLAND (A0029 S F AUSTIN) BLK 10 LOT 9
Census Tract664200
Assessed Land Value$186,760
Assessed Improvement Value$328,240
Assessment Year2025

About this property

This stunning coastal property offers the perfect blend of comfort & tranquility, just steps away from the sparkling Gulf of Mexico.Turn-Key ready for you & your guests.Situated in the heart of Treasure Island, this home is conveniently located steps from our beautiful beach, local dining,& shopping,making it perfect for both relaxation & recreation.Step inside to discover an open layout filled w/ natural light. The spacious living area seamlessly connects to a well-appointed kitchen, featuring appliances, ample cabinetry, & a breakfast bar, ideal for entertaining family & friends. With 3 generously sized bedrooms, including a serene master suite with an en-suite bathroom, this home comfortably accommodates family and guests. Embrace the coastal lifestyle with tranquil color palettes and inviting decor. Large outdoor balconies, patios,& sunroom for enjoying morning coffee or evening sunsets. This property is a wonderful spot for families, mingling, or simply soaking up the sun.

Investor Tools

$432,498Estimated Mortgage Balance
$82,502Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$598,176
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

Interested in this property?

Michele Sweeney

Michele Sweeney

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$978/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,159
$515,000
2025
$186,760
$328,240
$515,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,159
$515,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$468,352
Yes
First
Apr 8, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,498
$82,502
16%
84%
$2,809/mo

City: Freeport