Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$1,045,000

407 Westerly Dr, Tiki Island, TX, 77554

$1,133,090 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,400 Sq Ft
price_per_sqft$279.41 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringSlate, Tile, Vinyl

Exterior

Exterior FeaturesBoat Slip, Balcony
Lot Size5,401 sqft

Building Information

Year Built2004
Roof Type105
Garage Spaces6

Land Information

APN7143-0000-0117-000
Lot Number117
SubdivisionTiki Island 8
Land UseResidential
Legal DescriptionABST 7 S C BUNDICK SUR LOT 117 TIKI ISLAND SEC 8
Census Tract723800
Assessed Land Value$289,680
Assessed Improvement Value$547,630
Assessment Year2025

About this property

Are you longing for the perfect coastal community where a languid peaceful energy collides with a vivacious friendly excitement that sets the tone for "Luxury Living" in the coastal Village of Tiki Island.Minutes from Galveston,the serene sounds of sea birds & the gentle salt breezes will enliven your senses and reignite your zest for life! This Elegant & Updated Coastal Gem utilizes it's expansive open floorplan w/high ceilings,floor/ceiling windows,& abundant natural light to "WOW" you.The exquisite & sophisticated design w/the oversized chef's island kitchen w/luxurious quartzite countertops, Designer Upgraded Chic Cafe appliances,sought after gold & white decor,soft close cabinets & built-in wine cooler will delight the pickiest connoisseur.The striking luxury vinyl flooring finishes off this upscale design and provides a seamless serene flow.Durable tile roof, low maintenance Durable Trex Decking which will save you in years of replacement & maintenance costs.This Life Awaits You

Investor Tools

Property Icon
$1,045,000
Estimated Property Value
$544,200Estimated Mortgage Balance
$541,541Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,133,089
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,270 /month
Positive
Cash Flow Estimate:
$2,090 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,057/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,462
$837,310
2025
$289,680
$547,630
$837,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,462
$837,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$544,200
No
First
May 5, 2022
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,459
$548,541
52%
48%
$3,263/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tiki Island

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...