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$381,600

NAL Estimated Property Value

21 Grand Beach Blvd, Galveston, TX, 77550

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,616 sqft

Land Information

APN5987-0001-0022-000
Lot Number22
SubdivisionThe Preserve At Grand Beach (2014) Abst
Land UseVacant Land
Legal DescriptionTHE PRESERVE AT GRAND BEACH (2014) ABST 628, BLOCK 1, LOT 22, ACRES 0.244
Census Tract724101
Assessed Land Value$574,750
Assessment Year2025

About this property

One of few remaining beachfront lots at the Preserve at Grand Beach is now available. Located to the east of the dune crossover, this beachfront lot is over 10,600 square feet and will provide gorgeous beach views from multi-levels. The Preserve at Grand Beach is located on Galveston's east end and is within 1.5 miles of a golf cart ride to historic downtown Galveston where you'll find a variety of restaurants and entertainment districts. A minimum of 2,500 square feet for building is required and short term rentals are allowed.

Investor Tools

Property Icon
$381,600
Estimated Property Value
$1,367,883Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,504
$381,600
2025
$574,750
N/A
$574,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,504
$381,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$1,400,000
No
First
Mar 18, 2024
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,367,883
N/A
0%
358%
$9,315/mo

Learn About the Market: Opportunity in Texas

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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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21 Grand Beach Blvd | Property Details | No Agent List