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B+
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$726,000

311 Fishermans Bend Drive, Point Blank, TX, 77364

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,943 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$305.47 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesElectric Oven, Microwave, Electric Range, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size21,941 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN76020
Lot Number7,8
SubdivisionPoint Look Out Ests
Land UseResidential
Legal DescriptionPOINT LOOK OUT ESTS #1, BLOCK 20, LOT 7 & 8, ACRES .5037
Census Tract200301
Assessed Land Value$256,000
Assessed Improvement Value$450,980
Assessment Year2025

About this property

This exceptional custom waterfront home has been recently updated and remodeled, featuring new hand-scraped hickory floors. The spacious, freshly painted back deck is enhanced with a new copper metal roof, tile, and Trex planks. This 5/6 bedroom residence includes a home office with French doors and an elegant great room showcasing a gas fireplace and a wall of windows. A separate entrance allows for the possibility of a guest suite. Freshly painted living room. The XL primary bedroom, great room, and dining room all offer breathtaking waterfront views. The kitchen is beautifully appointed with granite countertops, an island, a breakfast bar, and copper-accented fixtures. Mature oaks provide a stunning backdrop for evening sunsets or afternoon fishing. The property features a boathouse with a boat lift, a jet ski lift, and a fishing pier. Brand New Bulhead is on the calendar!

Investor Tools

Property Icon
$726,000
Estimated Property Value
$0Estimated Mortgage Balance
$455,739Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,063/month
$510/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,129
$706,980
2025
$256,000
$450,980
$706,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,129
$706,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$343,040
No
First
May 26, 2016
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,261
$455,739
62%
37%
$2,057/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: Point Blank

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311 Fishermans Bend Drive | Property Details | No Agent List