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$624,000

NAL Estimated Property Value

2213 Post Office Rear St, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,700 Sq Ft
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 1961

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size5,158 sqft

Building Information

Year Built1961
Stories1
Roof Type172

Land Information

APN3505-0442-0004-002
Lot Number4
SubdivisionGalveston Townsite
Land UseCommercial
Legal DescriptionABST 628 M B MENARD SUR LOT 4 (4-2) BLK 442 GALVESTON
Census Tract724500
Assessed Land Value$234,780
Assessed Improvement Value$1,178,520
Assessment Year2024

About this property

Downtown Loft with fresh updates throughout. New double vanity and plumbing fixtures in primary bathroom. Washer/Dryer included. Soaring ceilings from the front of the loft facing Postoffice St. to the rear balcony. Private patio and yard! Kitchen overlooks living and dining space. The front bedroom offers generous walk-in closet space, while a cozy den sits between the primary suite and the living room—ideal for an office, reading nook, or guest area. Stay comfortable year-round with central air conditioning. Located just steps from Art Walk, restaurants, and nightlife, this is your opportunity to enjoy downtown Galveston at its bestSteps to Art Walk, restaurants and nightlife! Join Galveston’s most vibrant community! Galveston at its best!

Investor Tools

Property Icon
$624,000
Estimated Property Value
$196,166Estimated Mortgage Balance
$427,834Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,744 /month
Positive
Cash Flow Estimate:
$1,248 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,017/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,088
$624,000
2024
$234,780
$1,178,520
$1,413,300
No

Tax History

Year
Tax Paid
Assessed Value
2023
$9,088
$624,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas First Bank Galveston
Unknown
$390,000
No
First
Mar 9, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,166
$427,834
68%
31%
$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.

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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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2213 Post Office Rear St | Property Details | No Agent List