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$464,000

NAL Estimated Property Value

824 Grove Road, Clear Lake Shores, TX, 77565

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.07 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size3,999 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces5

Land Information

APN2620-0000-1042-000
Lot Number1042,10
SubdivisionClear Lake Shores
Land UseResidential
Legal DescriptionABST 18 M MULDOON SUR LOTS 1042 & 1043 CLEAR LAKE SHORES
Census Tract721503
Assessed Land Value$108,760
Assessed Improvement Value$285,500
Assessment Year2025

About this property

Live like you are on vacation in the sought after island community of Clear Lake Shores. Enjoy the leisure lifestyle on the large main level deck and entertain friends and family, or quietly relax and take in the bay breezes. You can even see the Kemah Boardwalk fireworks from the front decks. Just minutes to the Kemah boardwalk or an easy walk to the water front, this home is a dream location for water, boating, and fishing enthusiasts. There's a two car garage with covered area under deck for parking. The main level features a family and dining room with soaring ceilings, the kitchen, two secondary bedrooms and a full bath. The second level is the master suite with private master bedroom and bath and it's own private deck space. Although this home is amazing, the community helps seal the deal. Many community events, great friendly neighbors, close access to water and entertainment, all makes this a great place to call home.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$231,725Estimated Mortgage Balance
$232,275Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,620
$394,260
2025
$108,760
$285,500
$394,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,620
$394,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$257,200
No
First
Mar 26, 2021
Apr 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,725
$232,275
50%
50%
$1,543/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.

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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: Clear Lake Shores

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824 Grove Road | Property Details | No Agent List