5342 BLUEWATER HWY COUNTY ROAD

FREEPORT, TX 77541
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5 bd, 4.1 ba | 3,108 sqft | Built in 2007

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For Sale

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List Price
$1,549,000

$50K

Initial Investment

$652,129
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$1,549,000

Down Payment

40%

Estimated daily rent & occupancy


$

 per day x 
 days
Estimated average rent per year
$136,850

Total Return

$307,956

Annualized Return

7.4%

Cap Rate

2.1%

Gross Yield

8.8%

Cash Flow

-$38,877

Appreciation

6.1%
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Features

Occupancy

Vacant

Lot Size

38,838

HOA

$175/mo
STUNNING BEACHFRONT HOME WITH UNOBSTRUCTED VIEWS OF GULF AND GALVESTON BAY!! - 5 Bedroom / 5 bath recently remodeled highraised home on large beachfront lot. Built in 2007, the home's layout & location makes it an ideal vacation rental w a long history of impressive income on the books. Spacious kitchen with a large island, granite countertops & stainless appliances opens to impressive living room w vaulted ceilings, gas fireplace & stunning views of the Gulf. The 5 bedroom 5 bath design allows it to accommodate both large & small groups. Grand first floor master bedroom has large unobstructed views of the water, private deck access & large master bath w jacuzzi tub. Additional primary suite on first floor w private bath, 3 additional bedrooms and game room on the second floor. Located on Bluewater Highway between Galveston & Surfside beach, short drive to the amazing Red Snapper Inn Restaurant, this grand home offers a true Gulf Coast experience. Living Galveston... it's a lifestyle

See more in Analysis
Ariana White
EXP Realty, LLC
TX Agent License #714146

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Annual Financial Highlights

Expected Rent

$136,850

Expenses

-$65,107

Property Taxes

-$43,250

Loan Payments

-$67,369

Net Cash Flow

-$38,877

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Listing Courtesy of:Shane McDermott
Agent License 0521673
Tom's Galveston Real Estate
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #3063493
Last Updated: 11/11/2022 10:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided 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. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.