$225,000
11949 Termini San Luis Pass Rd Apt 502, Galveston, TX, 77554
On Market
Property Lead Type:
Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Freestanding Oven, Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl Plank
Exterior
Lot Size767 sqft
Building Information
Year Built1985
Stories1
Land Information
APN6152-0000-0502-000
SubdivisionRiviera (88) Condo
Land UseResidential
Legal DescriptionABST 121 PAGE 60 TR A RIVIERA SUB RIVIERA CONDO PHASE I UNIT 502 3.27% INT OF 1.530 ACRS & AMENITIES
Census Tract726000
Assessed Land Value$16,340
Assessed Improvement Value$79,650
Assessment Year2025
About this property
Experience breathtaking beachfront living in this beautifully updated 2-bedroom, 2-bath condo! Located on the higher floor, this unit boasts unobstructed Gulf views, a spacious double balcony, and stunning wall-to-wall windows that fill the home with natural light. Enjoy brand-new flooring, updated bathrooms, and a private, quiet gated community. All kitchen appliances stay, and additional storage is available on the property. Whether you're looking for a beach getaway or secondary home, this Galveston gem is a must-see!
Investor Tools
$0Estimated Mortgage Balance
$185,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
$1,050/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,406
$95,990
2025
$16,340
$79,650
$95,990
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,406
$95,990
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$185,000
100%
0%
$0/mo
