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$1,149,000

10818 Sweetwater Cove Boulevard, Galveston, TX, 77554

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$401.75 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Wine Refrigerator, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile

Exterior

Exterior FeaturesBalcony
Lot Size5,454 sqft

Building Information

Year Built2022
Stories2
Roof Type112
Garage Spaces9

Land Information

APN6912-0005-0002-000
Lot Number2
SubdivisionSweetwater Cove Sec 1 (2007) Abst 121
Land UseResidential
Legal DescriptionSWEETWATER COVE SEC 1 (2007) ABST 121, BLOCK 5, LOT 2, ACRES 0.125
Census Tract726000
Assessed Land Value$47,160
Assessed Improvement Value$787,500
Assessment Year2025

About this property

This stunning bay-side retreat in Galveston Island’s exclusive Sweetwater Cove is designed to fully embrace its breathtaking surroundings. Crafted by Cate Black Architecture Studio and built in 2023 by Kai Custom Homes, this residence is a masterpiece of thoughtful design and expert craftsmanship. Unlike traditional layouts, the main living areas are strategically placed on the top floor, maximizing panoramic bay views and allowing natural light to flood the space. From the moment you step inside, you’ll notice the meticulous attention to detail—shiplap walls, soaring 10-foot ceilings on both levels, rich wood floors, quartz countertops, and designer lighting and fixtures throughout. Enjoy over 2,000 sq. ft. of deck space, perfect for taking in the bay breeze. Located in the gated Sweetwater Cove community, this home offers a peaceful coastal lifestyle, ideal as a primary home, second home or investment opportunity.

Investor Tools

$483,592Estimated Mortgage Balance
$654,408Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,894 /month
Positive
Cash Flow Estimate:
$2,298 /month

Interested in this property?

Ashley Marquez

Keller Williams Horizons

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,828/month
$2,700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,249
$834,660
2025
$47,160
$787,500
$834,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,249
$834,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$510,000
No
First
Aug 11, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$483,592
$654,408
57%
42%
$3,058/mo

City: Galveston