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Tiki Island 77554 Tiki Island
135 Bora Bora
$375,000 Last Listed Price
● Land - Off Market

135 Bora Bora

Tiki Island, TX 77554
bedrooms
Studio
bathrooms
0 Bath
$556,464
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

ABSOLUTELY AWESOME VIEW OF GALVESTON'S WEST BAY AND THE INTRA-COASTAL CANAL!! ONLY ONE OF A VERY FEW LEFT.  EXTRA WIDE  1 and 1/2 lots W/ ENOUGH SPACE FOR POOL IF YOU WANT THE BEST LOCATION W/ THE GREATEST VIEW AVAILABLE, THIS IS IT!!! OWNER INSTALLED CONCRETE BULKHEAD A FEW YEARS AGO. COME VIEW THIS LOVELY PROPERTY SOON!!!
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$667
HOA Dues
$8
Year Built
2020

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (HAR #20731824)

Price History

Date / Event Date Event Price
Apr 17, 2019 Sold
Premium
Sold
Feb 15, 2019 Listed by RE/MAX Leading Edge $375,000
Listed by RE/MAX Leading Edge

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 7
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 9,347
  • Total Building Area: 3,520
  • Gross Building Area: 3,520
  • Building Area: 3,520
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIKI ISLAND 12
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ABST 7 S C BUNDICK SUR LOT 3 (3-0) BLK 1 TIKI ISLAND SEC 12 PRTL RPLT NO 1

Neighborhood

  • School District Name: La Marque Independent School District
  • School Tax School District: RFL
  • Census Tract: 723800

Geography

  • Assessors Map Reference: 354-B
  • Subdivision Tract Number: 3
  • Parcel: 7147-0000-0003-000
  • Block: 1
  • Lot: 3
  • Municipality: VILLAGE OF TIKI
  • Latitude: 29.2935
  • Longitude: -94.9125

    Address

  • Full Address: 135 Bora Bora Dr
  • Address - House Number: 135
  • Address - Street Name: Bora Bora
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Galveston
  • Carrier Code: R008
  • 4-Digit Zip Code: 6105
  • Zip Code: 77554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,400,195
  • Tax Rate Code Area: S18

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 68
  • Final Value: 1,202,703
  • High Value: 1,476,452
  • Low Value: 928,954

    Market Valuation

  • Market Total Value: $1,301,617
  • Market Land Value: $507,080
  • Market Improvement Value: $794,537

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,301,617
  • Assessed Land Value: $507,080
  • Assessed Improvements Value: $794,537

    Sales

  • Current Sale Contract Date: Mar 31, 2004
  • Current Sale Recording Date: Apr 01, 2004
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004019837
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tiki Island

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$393

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2634 ft²

Average Home Age

32.4 years

Currently For Sale

55 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 115 Bamaku Bend, Tiki Island, TX, 77554

$6,000 /mo

  • 4 Beds
  • 4 Baths
  • 3,717 ft²
115 Bamaku Bend, Tiki Island, TX, 77554 Listing by Lizabeth Comiskey

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Linda Landrum, RE/MAX Leading Edge
Last Updated: 3 years ago
Data Source: HAR , MLS# 20731824
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 135 Bora Bora Drive built and last sold?
The property at 135 Bora Bora Drive was built in 2020 and last sold on Mar 31, 2004 for $0.
How much is this home worth?
The estimated value of the home located at 135 Bora Bora Drive is $378,750.
What are some comparable homes to 135 Bora Bora Drive?
There are currently no comparable homes to 135 Bora Bora Drive.
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