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$268,000

NAL Estimated Property Value

215 Post Office St Apt 408, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,079 Sq Ft
price_per_sqft$143.65 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesElectric Oven, Electric Range

Exterior

Lot Size1,276 sqft

Building Information

Year Built1980
Stories1

Land Information

APN4958-0004-0008-000
SubdivisionMariner House Condo
Land UseResidential
Legal DescriptionMARINER HOUSE CONDOMINIUM MODULE 408 UNIT D 1.4461 %COMMON ELEMENT
Census Tract724200
Assessed Land Value$3,830
Assessed Improvement Value$192,850
Assessment Year2025

About this property

Located only one block to the beach, this end-unit at the Mariner House Condominiums is ready for move in! On the main floor is a spacious open living/dining area, kitchen, & powder bathroom. Upstairs are two generously sized bedroom & a Hollywood style full bathroom. Washer/dryer hookup possible in one of the bedroom walk-in closets. Common laundry facilities on site. Monthly HOA fee includes ALL bills - electricity, cable, water, sewer, trash, exterior insurance (flood, fire, & wind), common area maintenance, & pool! Partial view of the beach from the entryway, kitchen, & one of the upstairs bedrooms. The balcony off the living room is spacious enough for patio furniture- perfect for catching sea breezes after work or class. Just a few minutes from the shops & restaurants in downtown Galveston, beach, & UTMB. Ideal “lock & leave” set up for a student, medical resident, long-term rental investment, or weekend getaway!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$268,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
$723/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,645
$196,680
2025
$3,830
$192,850
$196,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,645
$196,680

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
100%
0%
$0/mo

City: Galveston

215 Post Office St Apt 408 | Property Details | No Agent List