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$470,000

NAL Estimated Property Value

17623 Termini San Luis Pass Rd, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,314 Sq Ft
price_per_sqft$197.87 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven, Free-Standing Range, Washer/Dryer
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,130 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4356-0000-0004-000
Lot Number4
SubdivisionKarankawa 2 Townhomes
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 4 KARANKAWA SUB SEC 2
Census Tract726102
Assessed Land Value$5,330
Assessed Improvement Value$391,670
Assessment Year2025

About this property

This pristine townhome is near the beach with Gulf and Bay views. There is great natural light and it has charming beach decor (sold furnished). The open floor plan is great for entertaining or just relaxing. There are two decks, one off of bedrooms & one off of living area. Many improvements which include: roof replacement, exterior wood repair & painting, both decks & stairways replaced & stained, two HVAC systems replaced, impact-resistant Simonton hurricane windows and doors, utility shed, multi-functional faux fireplace (with fire illusion, heat & fan), interior sheetrock/paint, and flooring (engineered wood w/ hand scraped design, wood stair treads). Additionally, appliances, sink disposal, water heater, water shut off valve, kitchen GFCI outlets, smoke detectors, some lighting and several pilings have been replaced. Swing & some exterior/interior furniture have been refurbished. See the attached Seller Information Sheet for details and timeline of replacements/improvements.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$258,354Estimated Mortgage Balance
$211,646Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,775
$397,000
2025
$5,330
$391,670
$397,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,775
$397,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plus Relocation Mortgage Llc
Conventional
$272,000
No
First
Aug 30, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,354
$187,646
42%
55%
$1,631/mo

City: Galveston