See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

507 8th St, Kemah, TX, 77565

--beds
0baths
5,000sqft
$2,000,000
$400price/sqft
$14,265/moest. monthly cost
$570,600/yrincome needed

About This Home

Absolute Paradise located in the heart of Kemah Boardwalk Entertainment District. Endless opportunities for use. The #1 Bed & Breakfast on-site. The #1 Event location in Kemah for weddings. Next door to one of the *Best Restaurants in the World - "Eculent". (*Washington Post & Houstonian) It is known for its tranquil gardens, romantic cottages, and warm, inviting atmosphere. With a beautiful courtyard filled with lush greenery situated in the center, the Clipper House is sure to provide you the perfect getaway! The quaint, cottages feature plush beds enveloped in luxurious linens, as well as pristine bathrooms, and cozy sitting areas-all the perfect combination for your next great escape. The Clipper has been rated #1 by Trip Advisor on multiple occasions.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

7/10
Clear Falls High SchoolGrades 8-122.3 mi
7/10

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Disposal,Microwave,Dishwasher,Refrigerator

Features

  • Window features: Window Coverings
  • Flooring: Tile,Vinyl,Wood
  • Fireplace features: Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Natural Gas
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 5,000
  • Total interior livable area: 5,000 sqft

Property

Accessibility

  • Accessibility features: Handicap Access

Details

  • Parcel number: 436500210001000

Features

  • Stories: 1

Lot

  • Lot size: 0.50 Acres
  • Features: Cleared,Corner Lot,Greenbelt

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Coastal Flooding
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,113$121,356
Home Insurance *$1,270$15,240
Property Taxes $2,333$27,996
Electricity $549$6,588
Total$14,265$171,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$489,085/yr
40% on housing$427,950/yr
45% on housing$380,400/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 77565$276
Galveston County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 77565$166
Galveston County$165

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-12-10Listed for sale$2,000,000
2024-07-22Listing removed--
2023-07-22Listed for sale$1,850,000
2023-07-19Listing removed--
2022-07-20Listed for sale$1,850,000

For Sale by Agent

AgentScott Stubbs
BrokerageBoardwalk Real Estate

Similar Homes