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$450,000.00

Beach House

  • Interest Rate: 6.5
  • Term: 24 months
  • Amortization: I/O
  • Note Position: 1st
  • Est. Property Value: 1,000,000
  • Property Valuation Date: 4/1/2017
  • Lot Sq. Ft.: 10,000
  • Building Sq. Ft.: 3800
  • Property Type: 1-4 Family Residential
  • Monthly Rental Income: 11,000
  • Owner Occupied Property: No
  • Address: Register Here
  • Property City: Crystal beach
  • State: Texas
  • Property Zip Code: 77650
  • Listed: June 5, 2017 7:23 am
  • Expires: 13 days, 23 hours

Description

This is a 3800 square-foot home beachfront on Crystal Beach. Just underwent a brand-new remodeled and is literally one of the finest and biggest homes on the beach front. The projected rental income is $130,000 per year. The home is listed for sale for $950,000 and would make a great investment if someone wanted to purchase it out right.

The security and loan to value of this home is extremely low. The owner has a Nother project that he needs the funds to close with. The seller is a seasoned real estate veteran.

Ad Reference ID: 114593566ef0e770

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