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$695,000

13318 Binnacle Way, Galveston, TX, 77554

$903,500 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,362 Sq Ft
price_per_sqft$294.24 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl Plank

Exterior

Exterior FeaturesBack Green Space, Balcony, Side Yard, Sprinkler System
Lot Size7,405 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces5

Land Information

APN5870-0009-0003-000
Lot Number3
SubdivisionPirates Cove Sec 6
Land UseResidential
Legal DescriptionABST 121 PAGE 44 LOT 3 BLK 9 PIRATES COVE SEC 6
Census Tract726101
Assessed Land Value$61,180
Assessed Improvement Value$631,638
Assessment Year2025

About this property

Nestled in highly sought-after Laffite’s Cove and abutting the Nature Preserve, this beautifully appointed 4-bedroom, 3.5-bath home offers the best of island living. Enjoy three balconies, a covered patio, lush tropical landscaping, covered parking, and an oversized garage with storage. The open-concept living area features soaring ceilings, a wood-burning fireplace, and a spacious kitchen with stainless steel appliances, double ovens, an island cooktop, and abundant storage. The top-floor primary suite is a private retreat with a jetted tub, walk-in shower, and a secret bookcase entrance to a flexible fourth bedroom currently used as an office. A custom-built bunk room sleeps up to seven, making this home ideal for gatherings and guests. Most furnishings and housewares convey for a turnkey experience. Additional features include automatic sprinklers, recessed lighting, custom window treatments, and membership to the Galveston Country Club (per owner: not waitlisted).

Investor Tools

$298,215Estimated Mortgage Balance
$420,434Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$903,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,308 /month
Positive
Cash Flow Estimate:
$1,436 /month

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Anthony Bianchi

Anthony Bianchi, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,000/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,410
$692,818
2025
$61,180
$631,638
$692,818
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,410
$692,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$344,250
No
First
Oct 7, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,215
$443,785
59%
42%
$2,064/mo

City: Galveston

13318 Binnacle Way | Property Details | No Agent List