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$533,900

NAL Estimated Property Value

11949 Termini San Luis Pass Rd Apt 104, Galveston, TX, 77554

$694,070 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,053 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$145.88 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size2,052 sqft

Building Information

Year Built1985
Stories1

Land Information

APN6152-0000-0104-000
SubdivisionRiviera (88) Condo
Land UseResidential
Legal DescriptionABST 121 PAGE 60 TR A RIVIERA SUB RIVIERA CONDO PHASE I UNIT 104 8.73% INT OF 1.530 ACRS & AMENITIES
Census Tract726000
Assessed Land Value$43,640
Assessed Improvement Value$490,260
Assessment Year2025

About this property

Discover beach living at its finest, priced to sell at just $299,500 well below recent appraised value of $475,000! This move-in-ready gem offers unmatched value as the lowest price per square foot beachfront property on the island. Breathtaking 270-degree ocean views from a freshly remodeled interior. Newly installed hurricane-rated windows and sliding glass doors, $80,000 upgrade. HOA dues $2,819/month and cover water, sewer, garbage, insurance, and exterior maintenance, providing hassle-free living. The HOA fees may seem expensive, but when was the last time you quoted insurance on a beach home? Since the building is covered via HOA dues, the owner’s personal insurance is a fraction of what a similar sized single family home would be. Short term rentals aren’t allowed, giving you a peaceful community. However, you can rent your property for 60 days or more, allowing you to earn income to off-set the cost of your dream vacation home. Many other condos on the island limit rentals.

Investor Tools

Property Icon
$533,900
Estimated Property Value
$0Estimated Mortgage Balance
$533,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$694,070
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,203 /month
Positive
Cash Flow Estimate:
$1,068 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,005/month
$2,819/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,387
$533,900
2025
$43,640
$490,260
$533,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,387
$533,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$533,900
100%
0%
$0/mo

City: Galveston

11949 Termini San Luis Pass Rd Apt 104 | Property Details | No Agent List