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$475,000

2214 Post Office St # 1a, Galveston, TX, 77550

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,474 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$322.25 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringConcrete, Tile

Exterior

Lot Size1,472 sqft

Building Information

Year Built1961
Stories1

Land Information

APN5258-0000-0001-100
SubdivisionThe Nathan Condos (2010) Abst 628
Land UseResidential
Legal DescriptionTHE NATHAN CONDOS (2010) ABST 628, UNIT 1A, 11.08% COMMON AREA INTEREST
Census Tract724500
Assessed Land Value$9,150
Assessed Improvement Value$330,850
Assessment Year2025

About this property

Rare opportunity to own one of only six residences in the historic Nathan Loft building,on the most desirable block in Galveston’s desirable Postoffice District.This second-floor 2 bedroom,2.5 bath condo offers high-end boutique living with a remarkable layout in one of the Island’s most walkable and peaceful locations.Warm wood plank ceilings,granite countertops and stainless appliances create a welcoming interior.The kitchen opens to the living area with bar seating and a dry bar with wine fridge.Bedrooms are positioned in separate wings,both with large walk-in closets.The primary suite features exposed brick,dual sinks and a walk-in shower.Additional highlights include a dedicated laundry room,elevator access,2 rare covered in-door assigned garage parking spaces,monitored keypad entry and low HOA.Enjoy the rooftop deck and shared lounge just steps away.Walk to the Island’s best restaurants,galleries,Art Walk,Strand events and trolley access to the Seawall.Be sure to view the 3D tour

Investor Tools

$0Estimated Mortgage Balance
$490,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Caroline Spagnola

RE/MAX Leading Edge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$473/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,884
$340,000
2025
$9,150
$330,850
$340,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,884
$340,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$520,000
100%
0%
$0/mo

City: Galveston