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$547,000

543 Islet Drive, Runaway Bay, TX, 76426

SoldInfo
6/18/26
Beds3 Beds
Baths3 Bath
Baths1,988 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$277.92 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Rain Gutters
Lot Size11,718 sqft

Building Information

Year Built2006
Roof Type158
Garage Spaces4

Land Information

APNS2682.0022.00
Lot Number22
SubdivisionRunaway Bay Unit 2
Land UseResidential
Legal DescriptionLOT 22 BLK 1 RUNAWAY BAY UNIT 2
Census Tract150402
Assessed Land Value$120,000
Assessed Improvement Value$410,183
Assessment Year2025

About this property

LAKEFRONT RETREAT THAT CHECKS ALL THE BOXES! Custom brick 3 bedroom, 2.5 bath home on corner waterfront lot, including a concrete circular drive, wooden privacy fence and wrought iron fence overlooking the lake. Split bedroom, open floor plan featuring stone wood burning fireplace in the living room, spacious dining room and breakfast area off of the kitchen. There is a bonus room, with built in workspace that could be used as an office, sewing or craft room. This beautiful home features an inground pool, outdoor living space, covered patio, covered boat dock with lift and cleaning station. In addition to the double garage, there is a single detached space that could be used as possibly a garage, workshop, personal gym etc.

Investor Tools

Property Icon
$547,000
Estimated Property Value
$0Estimated Mortgage Balance
$25,479Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,315 /month
Positive
Cash Flow Estimate:
$1,105 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$985/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,085
$530,183
2025
$120,000
$410,183
$530,183
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,085
$530,183

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clear Mortgage Capital Inc
Va
$550,000
Yes
First
Aug 22, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$521,521
$25,479
4%
95%
$3,298/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: Runaway Bay

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543 Islet Drive | Property Details | No Agent List