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$1,650,000

923 Short Reach Drive, Tiki Island, TX, 77554

On MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,945 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$560.27 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Water Softener, Wine Refrigerator, Electric Oven, Oven, Microwave, Induction Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Water Purifier
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Exterior FeaturesBalcony, Boat Slip
Lot Size8,224 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces7

Land Information

APN7148-0000-0024-000
Lot Number24
SubdivisionTiki Island 13
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 24 TIKI ISLAND SEC 13 REPLAT
Census Tract723800
Assessed Land Value$361,810
Assessed Improvement Value$338,190
Assessment Year2025

About this property

Experience the pinnacle of coastal engineering at this Alan Kent-designed masterpiece on Tiki Island. Engineered with Smart Building Science for a high-salt environment, this home was designed for minimal maintenance & maximum lifestyle. Its interior elevator & 11ft ceilings frame a large living room enveloped in soft, diffused light. Kitchen has induction cooking & triple-treated water filtration. Dual primary suites offer sound-deadened privacy, natural light, & abundant storage. Outside retreat featuring Trex decking, natural stone bar, private beach, 117ft concrete bulkhead with floating dock; high-capacity boat lift & quick access to ICW. Professional-grade amenities include dehumidified storage, sprinkler system, CAT5 Bose audio, golf cart garage, & 37ft flagpole. Anglers love the underwater green fish lights, Corian fish cleaning station, & spotlights. Designed for efficiency, the home utilizes SSE exposure for summer breezes & nearly zero E-W windows to eliminate heat gain.

Investor Tools

$0Estimated Mortgage Balance
$1,634,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,900 /month
Positive
Cash Flow Estimate:
$3,300 /month

Interested in this property?

Karoline Walker

Brooks Ballard International Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
$135/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,457
$700,000
2025
$361,810
$338,190
$700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,457
$700,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of Oklahoma Na
Unknown
$275,000
No
First
N/A
Sep 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,634,000
100%
0%
$0/mo

City: Tiki Island

923 Short Reach Drive | Property Details | No Agent List