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$609,080

NAL Estimated Property Value

21818 Lampasas Dr, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$320.31 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Microwave, Electric Range, Electric Oven
FlooringTile, Wood

Exterior

Exterior FeaturesBoat Slip
Lot Size6,312 sqft

Building Information

Year Built1978
Stories1
Roof Type172
Garage Spaces2

Land Information

APN6380-0000-1576-000
Lot Number1576
SubdivisionSea Isle Extn 4
Land UseResidential
Legal DescriptionABST 121 PAGE 15 LOT 1576 SEA ISLE 4TH EXTENSION
Census Tract726102
Assessed Land Value$257,660
Assessed Improvement Value$351,420
Assessment Year2025

About this property

Nicely appointed, cozy & quaint canal-front home! This home was totally remodeled from the studs out in 2013, rebuilt roofline & boat house with new concrete bulkhead in 2008. Roof replaced 2015. AC & ductwork replaced in 2013. There is also a 3 inch lap ceiling under the roofline. Immaculate inside & out. Open living/kitchen/dining area with stylish engineered hardwood flooring throughout. Half bath off living area. The kitchen has matching white appliances, brick-style backsplash, solid surface counters & breakfast bar with add'l seating. Covered & uncovered canal-side deck off dining area. Master suite along the canal side has bathroom with tub/shower combo, oversized single vanity with solid surface counters & tile floors. Ground level has a fenced yard with plenty of green space in the front & back of the home for outdoor activities & entertaining, one car garage, separate utility rm with storage space, add'l workshop room & fish-cleaning station. Sold furnished w/ few exclusions.

Investor Tools

Property Icon
$609,080
Estimated Property Value
$306,438Estimated Mortgage Balance
$302,642Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,654 /month
Positive
Cash Flow Estimate:
$1,218 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,137/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,599
$609,080
2025
$257,660
$351,420
$609,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,599
$609,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$348,500
No
First
Mar 23, 2020
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,438
$302,642
49%
50%
$2,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
$2,240/mo
$-890/mo
2.7%

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.

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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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21818 Lampasas Dr | Property Details | No Agent List