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$790,000

986 Edson Drive, Gilchrist, TX, 77617

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths1,706 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$463.07 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Cooktop, Free-Standing Range, Dryer, Oven, Refrigerator, Washer
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size23,000 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces4

Land Information

APN2275-0000-0008-000
Lot Number8
SubdivisionCarr Wm Subd
Land UseResidential
Legal DescriptionABST 45 E T BRANCH SUR LOT 8 (8-0) WILLIAM CARR PARTITION
Census Tract723900
Assessed Land Value$402,490
Assessed Improvement Value$279,370
Assessment Year2025

About this property

Welcome to 986 Edson in Gilchrist, Texas — a rare beachfront property offering stunning Gulf views, direct beach access, and two separate living areas, perfect for multi-family use or vacation rental income. This versatile home features two distinct living spaces, allowing you to host guests, rent one side, or enjoy the entire property with family and friends. Inside, you’ll find bright, comfortable interiors designed for relaxed coastal living. Step outside to your private oasis with a swimming pool and hot tub, ideal for entertaining or unwinding after a day on the beach. Spacious outdoor areas provide the perfect setting to enjoy coastal breezes and sunrise views just steps from the sand. Whether you're looking for a personal retreat, income-producing property, or both, this beachfront home offers exceptional potential on the Bolivar Peninsula. Schedule your showing today and experience the best of beachside living.

Investor Tools

$467,177Estimated Mortgage Balance
$334,823Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,812 /month
Positive
Cash Flow Estimate:
$1,604 /month

Interested in this property?

Gary Powers

Fathom Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,162/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,939
$681,860
2025
$402,490
$279,370
$681,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,939
$681,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$481,500
No
First
Oct 23, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,177
$334,823
41%
58%
$2,887/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,887/mo
$-1,580/mo
2.0%

City: Gilchrist

986 Edson Drive | Property Details | No Agent List