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$824,000

NAL Estimated Property Value

406 Windward Way, Tiki Island, TX, 77554

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,434 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.1 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesBoat Slip
Lot Size4,265 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces6

Land Information

APN7156-0000-0005-000
Lot Number5
SubdivisionTiki Yacht Club Colony Sec 2 (2001) Abst
Land UseResidential
Legal DescriptionTIKI YACHT CLUB COLONY SEC 2 (2001) ABST 7, LOT 5, ACRES 0.098
Census Tract723800
Assessed Land Value$234,520
Assessed Improvement Value$430,480
Assessment Year2025

About this property

New Home,New Lifestyle!with this Waterfront home on Tiki Island. Enjoy tropical breezes on one of the two large elevated Deck areas. Be the Hosts with the Most hanging out at your Tiki Palapa bar on ground level.Time to fish? Jump on your boat in the boat lift at your backyard. Does the idea of climbing stairs have your bones rattling? No Worries, this home features a fully enclosed lift to all floors. Speaking of floors, easy care with no carpet in this home, laminate wood look flooring throughout main areas. Entertainment is a breeze in this open island Kitchen w/cooktop & upgraded appliances. Spread out in the XLG living rm. enjoy the Game with a view of the water. 2 extra bedrooms on the 1st level featuring box window seats. Upstairs the Captains Quarters will blow you away, HUGE MASTER w/2 MASSIVE walk in closets & exquisite ensuite & your own private deck. Very Large Laundry room and an extra room that would make a great wine cave, also up. Are you ready for your New Lifestyle?

Investor Tools

Property Icon
$824,000
Estimated Property Value
$383,576Estimated Mortgage Balance
$440,424Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,944 /month
Positive
Cash Flow Estimate:
$1,648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,499
$665,000
2025
$234,520
$430,480
$665,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,499
$665,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayfirst National Bank
Conventional
$430,000
No
First
Oct 29, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,576
$448,424
53%
47%
$2,579/mo

City: Tiki Island

406 Windward Way | Property Details | No Agent List