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$2,900

2102 Mechanic Street #305, Galveston, TX, 77550

On MarketInfo
Just AddedInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,166 Sq Ft
ApartmentApartment
price_per_sqft$2.49 / sqft
Year BuiltBuilt in 1941

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Cooktop, Dryer, Full Size, Refrigerator, Washer, Dishwasher
FlooringTerrazzo, Tile, Vinyl

Exterior

Lot Size8,520 sqft

Building Information

Year Built1963
Stories3
Roof Type172

Land Information

APN3505-0621-0008-000
Lot Number8
SubdivisionGalveston Townsite
Land UseCommercial
Legal DescriptionABST 628 M B MENARD SUR LOT 8 & E 28-6 FT OF LOT 9 BLK 621 GALVESTON
Census Tract724500
Assessed Land Value$336,630
Assessed Improvement Value$3,456,270
Assessment Year2025

About this property

Large, light, and bright 2 bedroom, 2 bathroom unit located on the 3rd floor of this recently restored & renovated luxury building. Spectacular windows and soaring ceilings in a prime location close to everything in downtown Galveston. Parking is not included but is available nearby at the Frost Bank parking garage. Pets are on a case-by-case basis. All units are equipped with an in-unit washer & dryer. The Cotton Exchange is a designer complex by international developer Hadar Goldman, who was responsible for the restoration & residential conversion of the United States National Bank building. He is known for preserving unique historic features of a building while adding modern designer elements for today’s luxury living. The Cotton Exchange features 19 one & two-bedroom apartments with unique features & thoughtful details in each unit. Tenants can enjoy access to the gym, rooftop, & pool at the USNB apartment building 2-blocks away!

Interested in this property?

Brian Schwenk

Coldwell Banker TGRE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,621
$1,706,526
2025
$336,630
$3,456,270
$3,792,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,621
$1,706,526

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,706,526
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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2102 Mechanic Street #305 | Property Details | No Agent List