$1,408,228
1494 Highway 87, Gilchrist, TX, 77617
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringVinyl Plank
Exterior
Exterior FeaturesOutdoor Kitchen
Lot Size31,002 sqft
Building Information
Year Built2021
Stories2
Roof Type105
Garage Spaces5
Land Information
APN2270-0000-0003-001
Lot Number3
SubdivisionCarr Wm Subd
Land UseResidential
Legal DescriptionABST 64 E FRANKS SUR LOT 3 (3-1) WILLIAM CARR SUB
Census Tract723900
Assessed Land Value$136,450
Assessed Improvement Value$755,780
Assessment Year2026
About this property
Seadreamz — part of a three-home beachfront portfolio in Gilchrist, offered only as a set. This furnished 5-bedroom, 4.5-bath beach house (sleeps 24) is an operating short-term rental sold turnkey, so your income starts on day one. Together with 994 Baker Lane and 1490 Highway 87, the portfolio carries roughly $148,000 in 2027 bookings already on the books, and the seller's management can stay on after closing if you want it hands-off. Three houses, one closing, an established Bolivar Peninsula rental business — contact our team for the investor packet.
Investor Tools
$0Estimated Mortgage Balance
$892,230Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,449 /month
Positive
Cash Flow Estimate:
$2,816 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,409/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,451
$892,230
2026
$136,450
$755,780
$892,230
No
Tax History
Year
Tax Paid
Assessed Value
2025
$12,451
$892,230
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$892,230
100%
0%
$0/mo
