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$591,463

NAL Estimated Property Value

22118 Matagorda Dr, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,320 Sq Ft
price_per_sqft$412.88 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

ARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesBoat Lift, Boat Slip
Lot Size6,081 sqft

Building Information

Year Built1976
Stories1
Roof Type172
Garage Spaces3

Land Information

APN6385-0000-1875-000
Lot Number1875
SubdivisionSea Isle Extn 9
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 1875 SEA ISLE 9TH EXTENSION
Census Tract726102
Assessed Land Value$248,670
Assessed Improvement Value$342,793
Assessment Year2025

About this property

Enjoy island living in this beautifully maintained and thoughtfully updated 2-bedroom, 2-bath canal front home in the sought-after Sea Isle subdivision. The fully equipped kitchen features a new refrigerator, dishwasher, microwave, water filtration system, and durable epoxied countertops. A large kitchen island with seating for four opens to the living room, which is anchored by a cozy gas fireplace and framed by new windows that offer stunning water views. Step from the living room onto a screened-in porch—perfect for relaxing in the breeze. Screens are removable for flexibility. The spacious primary bedroom includes a sitting area that could serve as an extra sleeping space. Both bedrooms feature adjustable mattresses for customized comfort. Downstairs, enjoy fishing from your private, covered boat dock or unwind in the expansive patio and entertainment area. The fully fenced yard includes a gate with keypad entry, and the lush tropical landscaping adds to the home’s charm.

Investor Tools

Property Icon
$591,463
Estimated Property Value
$440,261Estimated Mortgage Balance
$151,966Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$545,582
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,549 /month
Positive
Cash Flow Estimate:
$1,183 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,029/month
$231/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,387
$591,463
2025
$248,670
$342,793
$591,463
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,387
$591,463

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$467,500
No
First
Mar 7, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$440,261
$151,202
25%
74%
$2,803/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.

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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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22118 Matagorda Dr | Property Details | No Agent List