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$1,856,000

NAL Estimated Property Value

427 E Shore Dr, Clear Lake Shores, TX, 77565

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,454 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$423.89 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen, Boat Slip
Lot Size14,331 sqft

Building Information

Year Built1998
Stories2
Roof Type104
Garage Spaces2

Land Information

APN2620-0000-0653-000
Lot Number112
SubdivisionClear Lake Shores
Land UseResidential
Legal DescriptionABST 18 M MULDOON SUR LOTS 653 THRU 659 CLEAR LAKE SHORES & ADJ NW PT OF LOT 112 LAZY BEND REPLAT
Census Tract721503
Assessed Land Value$343,920
Assessed Improvement Value$2,021,680
Assessment Year2025

About this property

Luxury waterfront living at its finest! This stunning Mediterranean-style estate offers panoramic water views—and seamless indoor-outdoor living in a prime location just minutes from the Kemah Boardwalk. Entering through grand double doors, you'll be captivated by the soaring ceilings, walls of windows, and custom finishes. Open-concept layout - living area featuring a custom coral fireplace, and built-in custom coral bookcases. The chef’s kitchen is a true show stopper featuring three ovens, high-end appliances, and a massive center island. Expansive primary suite with en-suite bath offers an oversized walk-in shower, jetted soaking tub, and dual vanities. Additional bedrooms are generously sized with en-suite bathrooms. The outdoor space features a pool, covered patio, outdoor kitchen, and a private dock with easy water access. The three-car garage offers spacious parking and additional storage. This property delivers a one-of-a-kind lifestyle with elegance, comfort, and adventure.

Investor Tools

Property Icon
$1,856,000
Estimated Property Value
$552,447Estimated Mortgage Balance
$1,303,553Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,328 /month
Positive
Cash Flow Estimate:
$3,776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,189
$1,610,510
2025
$343,920
$2,021,680
$2,365,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,189
$1,610,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial State Bank (Andrews Tx)
Conventional
$715,000
No
First
Oct 1, 2015
Dec 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$552,447
$1,324,553
70%
30%
$4,287/mo

City: Clear Lake Shores

427 E Shore Dr | Property Details | No Agent List