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$302,000

Beds
2
Baths
1.0
sq ft
895

116 Surf Dr Unit 2, Freeport, TX 77541

116 Surf Dr Unit 2

Surfside Beach, TX 77541

  • 253 days on market
An Investor's Delight! The Shark Shack presents an incredible rental property opportunity! Currently operating as a successful Airbnb, this 2-bedroom/1-bathroom beach house accommodates 8-9 guests, with the added bonus of an RV for additional sleeping space. The property comes complete with 2 golf carts, enhancing the overall experience. One of the standout features of this property is the breathtaking views from the recently added upper and lower decks. Conveniently located, The Shark Shack is just a short walk or golf cart ride away from the beautiful beaches of Surfside. Whether you're an experienced rental property investor or someone looking to start in the market, this unique and well-equipped beach house promises an attractive return on investment. Don't miss out on this golden opportunity!

Details

Property type

Single Family Residence

Est. home value

$288,863

Lot size

5,249 sq ft

Price per sq ft

$338

Year built

1950

Annual property taxes

$2,385

Price History

01/26/2024
Houston

Houston #2288394

Listed
$302,000

Schools & Community

Elementary school: 

FREEPORT ELEMENTARY

Middle school: 

O'HARA LANIER MIDDLE

High school: 

BRAZOSPORT HIGH SCHOOL

School district: 

Brazosport

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$245,636
Asking price
$302,000
Closing costs (~8% of asking)
-$24,160
Est. remaining loan balance
-$32,204
Cash to seller
$245,636

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

August 2004

Original loan amount

$60,000

Est. remaining balance

$32,204

Interest rate

6%

Loan type

Not Provided, 30 year

Seller

Brigitte M Clark

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/05/2024 at 11:05 PM

Listing updated: 02/26/2024 at 2:27 PM

Listed by: Sandi Christian, Clark Realty Phone #: (979) 849-1000

MLS: Houston #2288394

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