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$451,000

NAL Estimated Property Value

216 25th St, Galveston, TX, 77550

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,898 Sq Ft
price_per_sqft$197.58 / sqft
Year BuiltBuilt in 1898

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size1,233 sqft

Building Information

Year Built1898
Stories1
Garage Spaces1

Land Information

APN6513-0000-0216-000
SubdivisionShips Mechanic Row Bldg Condos (2005) Ab
Land UseResidential
Legal DescriptionSHIPS MECHANIC ROW BLDG CONDOS (2005) ABST 628 UNIT 216 & 7.973% INT IN COMMON ELEMENTS
Census Tract724500
Assessed Land Value$15,970
Assessed Improvement Value$495,070
Assessment Year2025

About this property

Looking for a unique place to call home? This freshly painted 1954 sq ft,1/1 with den condo in Historic 1874 Ship Mechanics Row building incl. 1726 sq ft on the 1st fl. & 228 sq ft upstairs (perfect for a 2nd bedroom and\or home office). The laundry is located upstairs, w/ the adjoing closet could be converted into a 2nd bathroom.The 1st floor defines flexibility at its finest. Currently only the bedroom & bathroom are divided by walls. Spectacular eat-in kitchen! High ceilings & stained concrete floors add to the historic charm. 1 parking spot assigned in attached street-level covered garage reached by interior doorway to condo hallway. 2 hour free street parking for guests. Located in the heart of the Strand Entertainment District, and located close to many of the downtown district’s retail and dining venues right outside your door! Zoned live /work this could be a work space/shop in front & your home in the back! As per HOA no smoking anywhere in building

Investor Tools

Property Icon
$451,000
Estimated Property Value
$495,878Estimated Mortgage Balance
$451,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,706 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
$796/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,454
$447,494
2025
$15,970
$495,070
$511,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,454
$447,494

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Conventional
$252,000
No
First
Jun 26, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,878
N/A
0%
110%
$3,022/mo

City: Galveston

216 25th St | Property Details | No Agent List