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B+
NoAgentList RatingHow are grades calculated? Info

$217,000

215 Post Office Street 905, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths799 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$108.89 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Lot Size945 sqft

Building Information

Year Built1980
Stories1

Land Information

APN4958-0009-0005-000
SubdivisionMariner House Condo
Land UseResidential
Legal DescriptionMARINER HOUSE CONDOMINIUM MODULE 905 UNIT I 1.0716 COMMON ELEMENT
Census Tract724200
Assessed Land Value$2,833
Assessed Improvement Value$169,002
Assessment Year2025

About this property

UPDATED CONDO near UTMB and 1 block from the beach! This 2 bedroom condo has freshly painted interiors, stylish fixtures, granite counter tops and a private gated patio right by the pool. Plenty of storage in the galley kitchen that features a full-size refrigerator, lots of cabinets and a separate pantry. The open living/dining area is perfect for entertaining and has a sliding-glass door onto the patio. Utility room in the condo has a stackable washer/dryer which conveys with the sale. This unit is conveniently located on the south side of the complex and has beach views from one of the bedrooms. Monthly HOA dues include utilites! Close to all the downtown attractions, restaurants, museums and beaches, call today to make a showing appointment. Complex does not allow short-term vacation rentals.

Investor Tools

Property Icon
$217,000
Estimated Property Value
$0Estimated Mortgage Balance
$160,937Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
$442/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$857
$146,088
2025
$2,833
$169,002
$171,835
No

Tax History

Year
Tax Paid
Assessed Value
2024
$857
$146,088

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$65,000
No
First
Jun 20, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,063
$160,937
74%
26%
$390/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 905 | Property Details | No Agent List