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$234,000

NAL Estimated Property Value

215 Post Office St Apt 1108, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,079 Sq Ft
price_per_sqft$110.29 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 9Bathrooms Full 9
AppliancesDishwasher, Disposal, Refrigerator, Electric Range, Electric Oven, Oven, Free-Standing Range, Washer/Dryer
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,276 sqft

Building Information

Year Built1980
Stories1

Land Information

APN4958-0011-0008-000
SubdivisionMariner House Condo
Land UseResidential
Legal DescriptionMARINER HOUSE CONDOMINIUM MODULE 1108 UNIT K 1.4461% COMMON ELEMENT
Census Tract724200
Assessed Land Value$3,830
Assessed Improvement Value$192,840
Assessment Year2025

About this property

Just in time for Summer! This welcoming top floor, island condo boasts beach views and updates throughout. Watch the waves with a cup of morning coffee, and enjoy the patio while dining alfresco in the evenings. Close to everything that Galveston Island has to offer. Miles of Beach, Seawall Boulevard attractions, along with Historic Downtown shopping, dining and entertainment. Acclaimed University of Texas Medical Branch is right down the street. HOA includes all utilities, cable tv, covered parking, insurance and a swimming pool. Complex is pet friendly. Please reach out with questions and to schedule a time to visit this large 2 bedroom Mariner House Condominium and grounds.

Investor Tools

Property Icon
$234,000
Estimated Property Value
$133,495Estimated Mortgage Balance
$100,505Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
$616/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$563
$169,221
2025
$3,830
$192,840
$196,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$563
$169,221

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$113,050
No
First
Jun 29, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,495
$99,505
42%
57%
$888/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.

Explore Texas Explore This Area
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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215 Post Office St Apt 1108 | Property Details | No Agent List