$1,888,000
NAL Estimated Property Value1601 Seaside Dr, Galveston, TX, 77550
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDryer, Refrigerator, Washer, Cooktop
FlooringMarble, Stone
Exterior
Exterior FeaturesBalcony
Lot Size3,833 sqft
Building Information
Year Built2007
Stories2
Roof Type105
Garage Spaces6
Land Information
APN1642-0008-0011-000
Lot Number10,11
SubdivisionBeachtown Galveston Village 1 Sec 1 Repl
Land UseResidential
Legal DescriptionBEACHTOWN GALVESTON VILLAGE 1 SEC 1 REPLAT (2005), ABST 628, BLOCK 8, LOTS 10 & 11 (11-0), ACRES 0.088
Census Tract724101
Assessed Land Value$352,660
Assessed Improvement Value$1,401,903
Assessment Year2025
About this property
Stunning beachfront home located in Beachtown Galveston, along the island’s only growing and non-driving beach. 5 bedroom, 5 bathroom home features high ceilings, a large chef’s kitchen with island seating and Thermador appliances, custom wood cabinetry throughout lower level, stone floors, residential elevator, and front and rear porches on both levels. Home is located just steps from the dune-walkover, Porch Cafe, and swimming pool. Inquire about home’s strong rental history. Luxury beach living at its best!
Investor Tools
$1,888,000
Estimated Property Value
$1,020,309Estimated Mortgage Balance
$867,691Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,394 /month
Positive
Cash Flow Estimate:
$3,798 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,656/month
$2,984/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,434
$1,754,563
2025
$352,660
$1,401,903
$1,754,563
No
Tax History
Year
Tax Paid
Assessed Value
2024
$34,434
$1,754,563
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$1,179,332
No
First
Mar 29, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,020,309
$734,254
41%
54%
$4,283/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$7,267/mo
$-5,041/mo
1.4%
