43
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$438,000
↓ $27K (5.8%)
●
House -
For Sale
203 Francis Cove
Surfside Beach, TX 77541
2 Beds
1 Bath,
1
Half Bath
1,201 Ft²
$2,504
Est. Monthly
About This Property
Experience resort-style coastal living in this custom-built
2-bedroom,1.5-bath home in the heart of Surfside Beach. Offering
over 1,200 sq ft this retreat blends luxury finishes with durable,
storm-ready construction-perfect for full-time living or vacation
getaway. Inside is an open layout with cherry-finish cabinets,
granite counters & space-saving pull-outs. Plantation shutters,
hardwood & tile flooring plus cedar-lined closets add character.
Each window is equipped with storm shutters, giving you peace of
mind. Upstairs bonus area provides endless possibilities-use it as
an office, guest room, or second living space. A built-in wine
cooler adds a touch of fun. Enjoy a large deck with lakefront views
& views of the Gulf, perfect for relaxing morning or evening. An
enclosed outdoor shower adds to the beach-house experience, while
the extra-large parking pad offers room for vehicles, boats, or
guests. Ext. features stainless hardware, copper trim, Hardi
siding, & new roof in 2024.
Unit Size
1,201 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$365
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1999
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 months ago (HAR #20292875)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$438,000
↓ $27K
(5.8%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$465,000
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by American Realty | $484,900 | |
| Listed by American Realty | |||
| Oct 15, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 19, 2025 | Listed by Real Broker, LLC | $465,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Welcome to 203 Francis Cove Ave, a charming 2-bedroom, 2-bath waterfront home offering peaceful living with a lake right in your backyard. Whether you’re a fishing enthusiast, love kayaking, or simply want to relax by the water, this property delivers the lifestyle you’ve been looking for.
The open-concept layout features a bright living area with plenty of natural light, a functional kitchen with ample cabinet space, and comfortable bedrooms — each with easy access to the home’s two full baths. Step outside to your private deck and enjoy the tranquil views of the lake, or unwind on the lovely patio designed for relaxing and entertaining.
Located just minutes from the Gulf Coast, marinas, and local dining, this home combines the serenity of lakeside living with the convenience of Freeport’s coastal charm. Ideal as a full-time residence, vacation retreat, or investment property!
| |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Additional Parking, Garage Door Opener, Double-Wide Driveway
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Crown Molding, Primary Bed - 1st Floor
Appliances: Wine Refrigerator, Gas Oven, Oven, Microwave, Gas Range
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup
Exterior Details
Square Footage: 1201
Architectural Style: Other
Year Built: 2002
Waterfront Features: Beach Access, Lake Front
Building Area Total: 1201
Construction Materials: Cement Siding
Patio and Porch Features: Patio
Lot Features: Back Yard, Waterfront, 1/4 Up to 1/2 Acre
Lot Size Area: 0.5395
Lot Size Units: Acres
Lot Size Acres: 0.5395
Lot Size Square Feet: 23500.62
Water Source: Water District
Financial Details
Tax Annual Amount: $4,232
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Surfside Beach
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Listed by: Monica Darr, American Realty
Last Updated: 3 months ago
Data Source: HAR , MLS# 20292875
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Last Updated: 3 months ago
Data Source: HAR , MLS# 20292875
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