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$74,000

8 Marathon, Hitchcock, TX, 77563

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesBoat Slip
Lot Size8,956 sqft

Land Information

APN3823-0001-0004-000
Lot Number4
SubdivisionHarborwalk Sec 3 (2005) Abst 38
Land UseVacant Land
Legal DescriptionABST 38 LOT 4 BLK 1 HARBORWALK SEC 3 (2005)
Census Tract723600
Assessed Land Value$60,000
Assessment Year2025

About this property

GREAT LIST VALUE & LOCATION at HARBORWALK! Minimum sq ft to build is 2200 with room to build a 30' boathouse. Plan your waterfront custom dream home & enjoy the relaxed coastal lifestyle! Exclusive gated waterfront community on West Galveston Bay with deep water access to the Intracoastal Waterway & the Galveston Bay system. Full service marina with swim center, Flamingo Bar, ship's store with fuel, fresh bait, deli, boat ramp, fish clean station, boutique, hike & bike trails, a seven bedroom Lodge & Event Center, miniature golf, community events & AMAZING neighbors! Perfect central location on the mainland close to medical facilities, shopping, grocery, 12 miles to the Galveston Strand, 28 miles to the Beltway and 42 miles to DT Houston. Waterfront property with a private island feel & close to everything. No time frame to build & choose your builder...Please contact Carrie concerning details.

Investor Tools

$46,425Estimated Mortgage Balance
$13,575Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$444 /month
Positive
Cash Flow Estimate:
$148 /month

Interested in this property?

Carrie Blachford

XL Legacy International

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$2,175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,847
$60,000
2025
$60,000
N/A
$60,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,847
$60,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Bank Na
Purchase Money Mortgage
$48,000
No
First
Oct 25, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,425
$13,575
22%
77%
$288/mo

City: Hitchcock