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$1,240,000

NAL Estimated Property Value

314 Bora Bora Dr, Tiki Island, TX, 77554

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,520 Sq Ft
price_per_sqft$338.29 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Boat Slip
Lot Size11,996 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces7

Land Information

APN7132-0000-0011-000
Lot Number10,11
SubdivisionTiki Cove Estates (99)
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOTS 10 & 11 TIKI COVE ESTATES
Census Tract723800
Assessed Land Value$660,000
Assessed Improvement Value$445,000
Assessment Year2025

About this property

MOTIVATED SELLER Tiki Island Resort Home with Elevator to all three levels. Beautiful view over the wetlands with incredible sunrises and bird watching. Second lot has a beautiful pool and entertainment area. Lush Landscaping. Porte cache is perfect for easy parking along with the two car garage. Must see this home with all the extra amenities/Featured in Home & Land Magazine 2021. Roof-2017,airconditioners 2020,coated garage floors,fireplace with electric logs,new pool heater and pool Pentair screen logic to run pool remotely, murial on pool wall, new wood flooring in family room/kitchen,breakfast room and hall way. New conductive electric range, bosch dishwasher and double oven!! much much more!

Investor Tools

Property Icon
$1,240,000
Estimated Property Value
$810,372Estimated Mortgage Balance
$429,628Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,440 /month
Positive
Cash Flow Estimate:
$2,480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,252/month
$110/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,823
$1,072,500
2025
$660,000
$445,000
$1,105,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,823
$1,072,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Bank Na
Stand Alone First / Home Equity First Lien
$399,000
No
First
Aug 13, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$810,372
$418,628
34%
65%
$5,091/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: Tiki Island

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314 Bora Bora Dr | Property Details | No Agent List