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$519,420

1401 E Beach Drive 1203, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths825 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$678.79 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 9Bathrooms Full 9
AppliancesDisposal, Electric Oven, Trash Compactor, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesTennis Court(s), Balcony
Lot Size823 sqft

Building Information

Year Built1975
Stories1

Land Information

APN3520-0000-1203-000
SubdivisionGalvestonian Condo
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR UNIT #1203 GALVESTONIAN CONDO & .5449 % COMMON ELEMENT GALVEZ EAST
Census Tract724101
Assessed Land Value$4,620
Assessed Improvement Value$514,800
Assessment Year2025

About this property

RARE OPPORTUNITY to purchase a top floor unit from the original owner! This beautifully maintained condo has never been in a vacation rental program. HVAC system replaced in 2020. Enjoy the gorgeous Gulf views from your living room and primary bedroom through the floor-to-ceiling windows. The Galvestonian is a luxury condominium and features concierge service, swimming pool with jacuzzi hot tub and lush tropical landscaping. Breezy outdoor green space has multiple grilling areas with tables and a fire pit. There is private beach access from the pool area. Other features include fitness center; bicycle rentals; beach chair and umbrella set ups; business center; central laundry; and tennis court. The Galvestonian is close to all the downtown amenities including the famous Strand shopping district; Tall Ship Elissa, fine dining and nightlife. This condo is sold furnished with some exclusions and would be a great primary home, weekend getaway or vacation rental!

Investor Tools

Property Icon
$519,420
Estimated Property Value
$0Estimated Mortgage Balance
$519,420Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,018/month
$941/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,620
$519,420
2025
$4,620
$514,800
$519,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,620
$519,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$519,420
100%
0%
$0/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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1401 E Beach Drive 1203 | Property Details | No Agent List