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$994,170

506 Bora Bora Dr, Tiki Island, TX, 77554

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,447 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$398.45 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size7,579 sqft

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces5

Land Information

APN7136-0000-0062-000
Lot Number62
SubdivisionTiki Island 2
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 62 TIKI ISLAND SEC 2
Census Tract723800
Assessed Land Value$515,370
Assessed Improvement Value$478,800
Assessment Year2025

About this property

BAY FRONT BEAUTY with an elevator to all floors! This home features approximately 94 ft of bayfront with a concrete bulkhead, an elevated boat dock, and 2 incredible outdoor entertainment areas. Enjoy the wonderful sea breeze and open bay views on your covered deck, or host your friends and family downstairs for dinner, drinks, and fishing! This home has beautiful custom finishes, a recent primary bath vanity remodel, both A/C's have been replaced in the past few years, plantation shutters in the living area, and storm shutters on all windows and doors. Call today to schedule a showing!!

Investor Tools

Property Icon
$994,170
Estimated Property Value
$672,000Estimated Mortgage Balance
$345,275Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,965 /month
Positive
Cash Flow Estimate:
$1,988 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,185/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,245
$994,170
2025
$515,370
$478,800
$994,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,245
$994,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$672,000
No
First
Jun 3, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$648,895
$345,275
34%
65%
$4,029/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: Tiki Island

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506 Bora Bora Dr | Property Details | No Agent List