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$479,000

NAL Estimated Property Value

306 Waterford Way, Kemah, TX, 77565

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,875 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.47 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,354 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1192-0005-0008-000
Lot Number8
SubdivisionThe Arbors At Waterford Harbor Sub (98)
Land UseResidential
Legal DescriptionTHE ARBORS AT WATERFORD HARBOR SUB (98), BLOCK 5, LOT 8, ACRES 0.123
Census Tract721502
Assessed Land Value$117,210
Assessed Improvement Value$314,350
Assessment Year2025

About this property

Beautiful hard to find 2 bedroom, 2 bath home in Clear Lakes' top boating community. Gated with 24-hr guard, this versatile floor plan offers a huge den with extremely high ceilings that receives lots of natural light & fireplace. Den also contains huge windows that show off the pretty backyard and some built-ins. Bright and spacious kitchen with quartz counter tops, 5 burner gas stove, w/vent, huge pantry, and lots of cabinet storage. Nicely appointed dining area across from the kitchen. Spacious in-house utility room with built-in storage. Enormous primary bedroom & a nicely appointed primary bath that features separate vanities with quartz countertops, double sinks, huge mirrors, a whirlpool tub, two spacious walk-in closets, and separate walk-in shower. The guest room is also spacious with a substantial closet and a nice guest bath. The patio perfect for relaxing and enjoying the weather. Located just minutes from Kemah Boardwalk, 30 minute drive to Galveston, and 45 to Houston.

Investor Tools

Property Icon
$479,000
Estimated Property Value
$0Estimated Mortgage Balance
$313,973Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
$2,670/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,624
$431,560
2025
$117,210
$314,350
$431,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,624
$431,560

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$554,000
100%
0%
$0/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: Kemah

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306 Waterford Way | Property Details | No Agent List