$325,000 Last Listed Price
●
House -
Off Market
541 Beachfront Drive
Matagorda, TX 77457
3 Beds
1 Bath,
1
Half Bath
1,506 Ft²
$1,991
Est. Monthly
$2
HOA / Fees
About This Property
Gorgeous views from this beach property on front and back porches!
Rental potential if desired or just use as your getaway to
the beach for family and friends! Home features include open
concept, vaulted ceilings in living and dining area with natural
light glowing through the windows. Oversize breakfast bar
lending to fun times in the kitchen for entertaining. Look
out the windows and view the Gulf of Mexico. Beach access
point is close with miles of beach to explore. Three bedrooms
with one and a half baths. Downstairs could be finished off
as bedroom or storage room if desired. Enclosed garage with
additional covered parking under the home. Begin making
memories with family and friends for fun on the beach, fishing, and
enjoying the wonders of nature! Take time to come and view
this home.!
Unit Size
1,506 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$216
Property Type
House
Property Taxes
$393
HOA Dues
$2
Year Built
1976
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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: 4 months ago (HAR #92601294)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2023 | Listed by Full Stringer Realty | $325,000 | |
| Listed by Full Stringer Realty | |||
| | |||
|
Gorgeous views from this beach property on front and back porches! Rental potential if desired or just use as your getaway to the beach for family and friends! Home features include open concept, vaulted ceilings in living and dining area with natural light glowing through the windows. Oversize breakfast bar lending to fun times in the kitchen for entertaining. Look out the windows and view the Gulf of Mexico. Beach access point is close with miles of beach to explore. Three bedrooms with one and a half baths. Downstairs could be finished off as bedroom or storage room if desired. Enclosed garage with additional covered parking under the home. Begin making memories with family and friends for fun on the beach, fishing, and enjoying the wonders of nature! Take time to come and view this home.!
| |||
| Mar 30, 2020 | Sold | ||
| Sold | |||
| Nov 19, 2019 | Listed by Ward Real Estate, Inc | $199,500 | |
| Listed by Ward Real Estate, Inc | |||
| | |||
|
Let this be your beach getaway that pays for itself! Open concept home featuring vaulted ceilings in the living/dining area & lots of natural light. Updated kitchen cabinets & countertops with an oversized breakfast bar. Master has an attached 1/2 bath. Large storage area and utility room with a full bathroom are downstairs. Huge front deck with views overlooking the Gulf of Mexico and another large deck on back. Beach access point nearby. New AC system. Roof has WPI-8 certificate. Newer windows & hardie plank siding done 9/2011 also have WPI-8 certificate on file. Currently an income producing vacation rental!
Room dimensions are approximate.
| |||
Property Highlights
Garage
With View
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 Matagorda
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Listed by: Jody Cassady, Full Stringer Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 92601294
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Last Updated: 4 months ago
Data Source: HAR , MLS# 92601294
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