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$481,000

531 Oak Rd, Kemah, TX, 77565

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,552 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$367.24 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size8,002 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces7

Land Information

APN2620-0000-1266-000
Lot Number1266-12
SubdivisionClear Lake Shores
Land UseResidential
Legal DescriptionABST 18 M MULDOON SUR LOTS 1266 THRU 1269 CLEAR LAKE SHORES
Census Tract721503
Assessed Land Value$157,520
Assessed Improvement Value$241,200
Assessment Year2025

About this property

Rare opportunity: Wonderful home on a double lot in the waterfront community of Clear Lake Shores. Vibrant landscaping and giant oak trees enhance the tropical feel of the coastal home. With three bedrooms and two bathrooms, a four-car oversized garage and carport, wrap around covered porch and a large side covered patio overlooking the shady yard this place is perfect to enjoy the bay breezes. Additional features: Composite decking, woodgrain tile floors, oversized garage, gas fireplace, and the washer/dryer/fridge are included.

Investor Tools

Property Icon
$481,000
Estimated Property Value
$522,500Estimated Mortgage Balance
$0Estimated Equity
-9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,420 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$366/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,982
$398,720
2025
$157,520
$241,200
$398,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,982
$398,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$522,500
No
First
Dec 13, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$509,355
N/A
0%
106%
$3,133/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: Kemah

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531 Oak Rd | Property Details | No Agent List