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$799,900

425 Island Way, Port Arthur, TX, 77640

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,043 Sq Ft
price_per_sqft$197.85 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Dryer Included, Refrigerator Included, Washer Included, Wine Refrigerator, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Travertine, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Sprinkler System, Boat Slip
Lot Size11,835 sqft

Building Information

Year Built2000
Stories2
Garage Spaces4

Land Information

APN041410-000-004900-00000
Lot Number49
SubdivisionMarina Colony Sec I
Land UseResidential
Legal DescriptionTR 49-A REPLAT OF LTS 49 & 50 MARINA COLONY SEC I (11 853 SF) .272 AC (11 853 SF) .272 AC
Census Tract005100
Assessed Land Value$104,162
Assessed Improvement Value$434,455
Assessment Year2025

About this property

Paradise awaits in the Mariners Cove Oasis. Experience coastal living in this no expense spared waterfront home. Breath taking view from all directions This home features 3 levels with outdoor balconies on each level. There are 2 boat slips one with a lit and one open. Screened in patio with fish cleaning station. Lushly landscaped lawn with sprinkler system and surround sound. Top of the line kitchen and fabulous wet bars. This home is truly great for entertaining or just relaxing for the family. Downstairs is a fully apt with bath kitchen, etc. The floored attic offers lots of potential. There is a 3 car garage with an elevator to the 1st and 2nd floors. Buyers must be prequalified. This property is absolutely stunning. Seller willing to look at all reasonable offers.

Investor Tools

$0Estimated Mortgage Balance
$990,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,940 /month
Positive
Cash Flow Estimate:
$1,980 /month

Interested in this property?

Diane Minton

American Real Estate Beaumont

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,456/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,521
$538,617
2025
$104,162
$434,455
$538,617
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,521
$538,617

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$990,000
100%
0%
$0/mo

City: Port Arthur

425 Island Way | Property Details | No Agent List