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$476,886

502 Point Lookout, Surfside Beach, TX, 77541

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.17 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating ElectricHeating Electric
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven

Exterior

Lot Size14,823 sqft

Building Information

Year Built2011
Stories1
Roof Type105

Land Information

APN7149-0004-001
Lot Number1
SubdivisionPoint Lookout Sd
Land UseResidential
Legal DescriptionPOINT LOOKOUT SD (B C I C DIV 2) (SURFSIDE) BLK 4 LOT 1
Census Tract664200
Assessed Land Value$272,100
Assessed Improvement Value$252,640
Assessment Year2025

About this property

Surfside Beach is a small village one hour south of Houston. Residents & visitors alike love the quiet unique island it is. Many homes, including this one, are used as second homes or for investments. Families venture here to rent homes and enjoy time together in this relaxed community. 502 Point Lookout itself is set apart. Being on .3 acre 2nd row lot with easy beach access, alone is unheard of, but that is just the beginning of the list of why this home is desirable. The downstairs area is used as another living area, there are a storage shed & a shower as well. The home has stairs and an ADA approved ramp leading to a 16’ deck. Off the deck, you will enter into an open living/dining/kitchen with a vaulted ceiling. The four bedrooms are to the rear, with two having private bathrooms. The hall bath & utility area are easily accessible off the hall. One bedroom has built in bunkbeds, a 2018 A/C, and 2019 carpet. This home is one of the favored floorplans for beachhomes in the area.

Investor Tools

Property Icon
$476,886
Estimated Property Value
$306,000Estimated Mortgage Balance
$206,137Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,861 /month
Positive
Cash Flow Estimate:
$954 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,958
$476,886
2025
$272,100
$252,640
$524,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,958
$476,886

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$306,000
No
First
Jun 12, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,749
$206,137
43%
57%
$1,835/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.

Explore Texas Explore This Area
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: Surfside Beach

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502 Point Lookout | Property Details | No Agent List