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$173,000

NAL Estimated Property Value

1927 Harborside Dr # 304, Galveston, TX, 77550

SoldInfo
7/27/26
Beds2 Beds
Baths2 Bath
Baths1,279 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Range, Dryer, Full Size, Refrigerator, Dishwasher

Exterior

Lot Size10,319 sqft

Building Information

Year Built2008
Stories1
Roof Type172

Land Information

APN5673-0000-0304-000
SubdivisionPeanut Butter Warehouse Harborside Condo
Land UseResidential
Legal DescriptionPEANUT BUTTER WAREHOUSE HARBORSIDE CONDOS (2008) ABST 628, UNIT 304, 3.84% COMMON AREA INTEREST
Census Tract724500
Assessed Land Value$14,390
Assessed Improvement Value$158,610
Assessment Year2025

About this property

Peanut Butter Warehouse originally built in 1884–1900: by the George B. Dobson Cotton Pickery. Commissioned in 1912-1943 by Walker-Smith Wholesale Grocery, the building was used to store coffee beans, candy, and peanut butter. It notably survived the Great Storm of 1900. Later updated in 2008 as condos. After operating as a grocery warehouse and later a furniture warehouse, the Peanut Butter Warehouse has become a unique Galveston Island landmark located in the heart of downtown between the Strand and the cruise terminals at the corner of 20th and Harborside. Units have tall ceilings with exposed wood. Updated windows and bathrooms. kitchen has granite countertops stainless appliances and lots of cabinet space. Two bedroom Two bath with large living space. Windows overlook from the kitchen and living room over look The Strand. Private Entry. Elevator. Off street parking available. Walking distance to everything in the Downtown District. Restaurants, gallery’s bars and Entertainment.

Investor Tools

Property Icon
$173,000
Estimated Property Value
$0Estimated Mortgage Balance
$173,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,890
$173,000
2025
$14,390
$158,610
$173,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,890
$173,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$470,000
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.

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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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1927 Harborside Dr # 304 | Property Details | No Agent List