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$379,000

981 Sea Spray Dr, Crystal Beach, TX, 77650

On MarketInfo
Beds1 Beds
Baths3 Bath
Baths1,104 Sq Ft
price_per_sqft$343.3 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size17,502 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces4

Land Information

APN2673-0000-0039-000
Lot Number42
SubdivisionCloon Subd 5
Land UseResidential
Legal DescriptionABST 179 J SHAW SUR LOTS 39,40 & 41 & S 1/2 OF LOT 42 CLOON SUB #5
Census Tract723900
Assessed Land Value$147,708
Assessed Improvement Value$190,292
Assessment Year2025

About this property

On the beach side of Hwy 87, this rare property spans 3.5 fully fenced lots and features a charming fully furnished 1.5 story 2 bedroom home plus a huge 18×30 workshop/garage, storage building, and an RV that provides additional sleeping for up to six—perfect for hosting friends on coastal getaways. Friends can bring their RV's there is a 30amp with full hookups and a 50amp with water. The functional kitchen offers an island with extra seating and opens to a spacious living/dining area. Downstairs includes a full bath and laundry. Upstairs, the open loft bedroom showcases a soaking tub with sweeping Gulf views and access to a private balcony. Outside, enjoy the tiki bar full kitchen for cooking and sand shower for true beach side relaxation. With endless potential for future build out, this much land this close to the beach is a rare luxury. Just a quick golf car ride to the beach or to concerts at Margaritaville.

Investor Tools

$263,153Estimated Mortgage Balance
$91,847Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

Interested in this property?

Mark DeSantis

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,837
$338,000
2025
$147,708
$190,292
$338,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,837
$338,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$279,920
No
First
Apr 12, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,153
$91,847
25%
74%
$1,679/mo

City: Crystal Beach

981 Sea Spray Dr | Property Details | No Agent List