NOT LISTED FOR SALE

4011 Obra Dr Galveston, TX 77554

Estimated Value: $551,000 - $614,000

3 Beds
2 Baths
1,525 Sq Ft
$392/Sq Ft Est. Value

Last Sold March 28, 2024

Current estimated payment $4,212/month

117 Days on Market

Highlights

  • Lake Front
  • Beach View
  • Deck
  • Oppe Elementary School Rated A-
  • Under Construction
  • Adjacent to Greenbelt

About This Home

As of March 2024

Beautiful, Custom built home in "The Latest Premier" neighborhood on the west end of Galveston Island, The Park at Terramar! This 3 bedroom 2 bath will amaze as soon as you walk in with ... 10' ceilings, beautiful open floor plan, 8' solid wood doors, custom cabinetry throughout, Quartz counters, amazing tile selections, and high end finishes everywhere! Golf cart gets you to the beach, "sunset point", restaurants, bars, and even the convenience store. The backyard opens to an amazing palm tree lined park with lake and community pool. Enjoy all that the "island life" offers with fantastic sunrises and sunsets right from your deck with the sound of the waves breaking on the beach a constant reminder. Full time, Part time, Anytime is a good time! The Park at Terramar does allow short term rentals.

Last Agent to Sell the Property

Michael Milam

eXp Realty, LLC License #0759757 Listed on: 12/01/2023

Last Buyer's Agent

Ashley Marquez

Keller Williams Horizons License #0729048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,177

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 6,402 Sq Ft Lot
  • Lake Front
  • Adjacent to Greenbelt
  • West Facing Home
  • Private Yard

HOA Fees

  • $67 Monthly HOA Fees

Property Views

  • Beach
  • Bay

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Gisd Open Enroll Elementary And Middle School
  • Ball High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat

Community Details

Overview

  • Association fees include clubhouse, ground maintenance
  • The Park At Terramar Association, Phone Number (281) 793-2592
  • Built by S.L. Walker Homes
  • The Park At Terramar 2008 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,177

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 2023
  • Lot Size Acres: 0.147
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: The Park At Terramar 2008
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Appliances, Doors, HVAC, Insulation, Lighting, Thermostat, Windows
  • UniversalParcelId: urn:reso:upi:2.0:US:48167:5588-0000-0010-000
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Oven, ENERGY STAR Qualified Appliances
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Flooring: Plank, Vinyl
  • Interior Amenities: Breakfast Bar, Crown Molding, Dry Bar, Double Vanity, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Pantry, Self-closing Cabinet Doors, Self-closing Drawers, Tub Shower, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 1525.0
  • Dining Room Type: Breakfast Room/Nook, Living Room
  • Window Features: Low-Emissivity Windows, Storm Window(s)
  • ResoLivingAreaSource: Builder

Exterior Features

  • Builder Name: S.L. Walker Homes
  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Fencing: None
  • Lot Features: Subdivision, Views, Waterfront, Backs to Greenbelt/Park
  • Pool Private: No
  • View: Bay, Beach, Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Siding
  • Direction Faces: West
  • Exterior Features: Balcony, Covered Patio, Deck, Porch, Patio, Private Yard
  • Patio And Porch Features: Balcony, Covered, Deck, Patio, Porch
  • Property Condition: Under Construction

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association Name: The Park at Terramar
  • Phone: 281-793-2592
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds

Schools

  • Elementary School: GISD OPEN ENROLL
  • Junior High Dist: 22 - Galveston
  • High School: BALL HIGH SCHOOL
  • Middle Or Junior School: GISD OPEN ENROLL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1177.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Mar 28, 2024
Sold by
Walker Shannon
Bought by
Head Donald and Head Margaret
Seller's Agent
Michael Milam
eXp Realty, LLC
Buyer's Agent
Ashley Marquez
Keller Williams Horizons
List Price
$579,000
Views
22
Current Estimated Value
$597,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$420,000
Outstanding Balance
$413,748
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$183,777

Purchase Details

Closed on
Nov 7, 2022
Sold by
Fabb At Terramar Llc
Bought by
Walker Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2022
Sold by
Barnes Blake
Bought by
Fabb At Terramar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Head Donald -- None Listed On Document
Walker Shannon -- --
Fabb At Terramar Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Head Donald $420,000
Previous Owner Walker Shannon $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold -- -- --
12/01/2023 12/01/23 For Sale $579,000 -- $380 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,029 $572,170 $85,530 $486,640
2024 $12,029 $704,770 $59,220 $645,550
2023 $12,029 $59,220 $59,220 $0
2022 $1,177 $59,220 $59,220 $0
2021 $36 $1,600 $1,600 $0
2020 $38 $1,600 $1,600 $0
2019 $39 $1,600 $1,600 $0
2018 $39 $1,600 $1,600 $0
2017 $38 $1,600 $1,600 $0
2016 $38 $1,600 $1,600 $0
2015 $39 $1,600 $1,600 $0
2014 $39 $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Milam

    eXp Realty, LLC

  • Ashley Marquez

    Buyer's Agent in 2024

    Ashley Marquez

    Keller Williams Horizons

    (832) 692-7455

    164 Total Sales

    Ashley Marquez
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 86337756

Houston Association of REALTORS®

APN: 5588-0000-0010-000

Texas Galveston County Galveston 77554

4011 Obra Dr, Galveston, TX

Not Listed for Sale

Detached

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