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$450,000

16610 Nassau Way, Galveston, TX, 77554

$454,006 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,197 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$375.94 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Free-Standing Range, Refrigerator

Exterior

Exterior FeaturesBalcony
Lot Size6,599 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces4

Land Information

APN4196-0012-0009-000
Lot Number9
SubdivisionJamaica Beach 9
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 9 BLK L JAMAICA BEACH SEC 9
Census Tract726101
Assessed Land Value$187,110
Assessed Improvement Value$295,003
Assessment Year2025

About this property

Welcome to this charming A-frame on a deep-water canal in Jamaica Beach! This 3-bedroom, 1.5-bath home sleeps 8, giving it strong rental income potential for its size. An expansive deck stretches over the water for lounging, dining, and sunsets, with a third-floor balcony off a king bedroom. Inside, the open living area has a mid-century feel, tons of natural light, and a kitchen with bar seating. Ground level adds a covered boat dock, game room, Cowboy soaking pool, fire pit, outdoor shower, shaded grill area, laundry, and carport. Fully fenced yard. Bring your boat and enjoy direct canal access to West Bay for fishing, kayaking, and sunset cruises. Turnkey for investors or a second-home buyer who wants the house to help pay for itself. Rental history available upon request. Just a 2-minute drive to the beach, with Galveston dining an easy drive away. Come see it today!

Investor Tools

$223,588Estimated Mortgage Balance
$263,047Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$454,005
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

Interested in this property?

Sylvia Barrett

Galveston Island Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$777/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,905
$482,113
2025
$187,110
$295,003
$482,113
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,905
$482,113

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Unknown
$265,780
No
First
Jul 26, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,588
$259,412
53%
46%
$1,594/mo

City: Galveston

16610 Nassau Way | Property Details | No Agent List