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B+
NoAgentList RatingHow are grades calculated? Info

$861,000

127 Island Passage, Galveston, TX, 77554

$1,119,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,503 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.06 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Ice Maker, Double Oven, Electric Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size4,622 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces3

Land Information

APN3267-0000-0247-000
Lot Number247
SubdivisionEvia Phase Two (2007) Abst 121
Land UseResidential
Legal DescriptionEVIA PHASE TWO (2007) ABST 121, LOT 247, ACRES 0.106
Census Tract725900
Assessed Land Value$119,470
Assessed Improvement Value$722,949
Assessment Year2025

About this property

Beautiful home with water views in prestigious Evia. Custom built with lots of extras ! Gourmet Kitchen with 6 burner gas cooktop & griddle, Double electric ovens,Black Stainless appliances, drawer microwave, Quartz countertops, Old Chicago Brick backsplash, under counter lighting and large island. Butler’s pantry with wine cooler, ice maker and sink. Open concept with hardwood floors and designer tile. Main bedroom downstairs with huge walk in closet. Extra room upstairs could be office/workout room/playroom with walk in storage. Built ins through out the house providing lots of storage. Zoned A/C, ceiling fans, on-demand hot water heater, sprinkler system, mosquito system, landscape lights. All appliances in the house to remain. Oversized garage with extra golf cart garage.

Investor Tools

Property Icon
$861,000
Estimated Property Value
$0Estimated Mortgage Balance
$34,493Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,119,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,344/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,824
$842,419
2025
$119,470
$722,949
$842,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,824
$842,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Va
$900,000
Yes
First
Jan 26, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$826,507
$34,493
4%
96%
$5,396/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.

Explore Texas Explore This Area
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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