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$259,000

215 Post Office Street 1202, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,079 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$98.24 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 9Bathrooms Full 9
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size1,276 sqft

Building Information

Year Built1980
Stories1

Land Information

APN4958-0012-0002-000
SubdivisionMariner House Condo
Land UseResidential
Legal DescriptionMARINER HOUSE CONDOMINIUM MODULE 1202 UNIT L 1.4461% COMMON ELEMENT
Census Tract724200
Assessed Land Value$3,830
Assessed Improvement Value$195,290
Assessment Year2025

About this property

This UPDATED CONDO is ready for you to move in! Stylish two-story unit has large living/dining entertaining area with balcony off the living room and views of the Gulf! Two bedrooms upstairs with 2 separate sink/toilet areas and a shared walk-in shower. Updated fixtures and toilets in the bathrooms. South bedroom also has Gulf views. Full-size washer & dryer are located in upstairs utility room and are included in the sale. Fresh interior paint throughout and recently steam-cleaned berber carpet upstairs. Pets are allowed with some restrictions. The Mariner House does not allow short-term vacation rentals. This unit is right by the pool and across the street from UTMB shuttle pick-up. Also just a short walk or bike ride to UTMB, the Strand and Seawall Beaches.

Investor Tools

Property Icon
$259,000
Estimated Property Value
$0Estimated Mortgage Balance
$259,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$598/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,164
$169,088
2025
$3,830
$195,290
$199,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,164
$169,088

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$259,000
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.

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 Street 1202 | Property Details | No Agent List