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$1,408,228

1494 Highway 87, Gilchrist, TX, 77617

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths2 Bath
Baths2,225 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$632.91 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Interested in this property?

Elizabeth Boles Terminella

eXp Realty LLC

ContactContact

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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

City: Gilchrist

1494 Highway 87 | Property Details | No Agent List