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$238,290

NAL Estimated Property Value

11947 Termini San Luis Pass Rd Apt 204, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths712 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$321.63 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher, Washer/Dryer, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size710 sqft

Building Information

Year Built1985
Stories1

Land Information

APN6153-0000-0204-000
SubdivisionRiviera Condo Ii (89)
Land UseResidential
Legal DescriptionABST 121 PAGE 60 TR C RIVIERA SUB ADDN #1 RIVIERA CONDO PHASE 2 UNIT 204 2.81% INT OF 1.509 ACRS & AMENITIES
Census Tract726000
Assessed Land Value$13,860
Assessed Improvement Value$224,430
Assessment Year2025

About this property

Welcome to your dream beach retreat! This stunning 2-bedroom, 2-bathroom condo at Riviera II offers the perfect blend of modern comfort and beachfront living. Nestled in the highly sought-after area of Galveston, this condo boasts captivating views of the Gulf of Mexico from its spacious double balcony — the perfect spot to enjoy morning sunrises or evening sunsets. Step inside to find a beautifully updated interior featuring sleek vinyl plank flooring throughout, giving the space a fresh, contemporary feel. The open-concept kitchen is equipped with stainless steel appliances, offering both style and function for those who love to cook. The spacious living and dining areas are designed for relaxation and entertaining, with plenty of natural light pouring in through large windows.

Investor Tools

Property Icon
$238,290
Estimated Property Value
$88,324Estimated Mortgage Balance
$149,966Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,430 /month
Positive
Cash Flow Estimate:
$477 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
$956/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,302
$238,290
2025
$13,860
$224,430
$238,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,302
$238,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$106,500
No
First
Jan 26, 2018
Feb 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,324
$149,966
62%
37%
$639/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Galveston

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11947 Termini San Luis Pass Rd Apt 204 | Property Details | No Agent List