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$875,000

22218 Matagorda Drive, Galveston, TX, 77554

$1,137,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$339.67 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesSide Yard, Boat Lift
Lot Size8,381 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6385-0000-1880-000
Lot Number1880
SubdivisionSea Isle Extn 9
Land UseResidential
Legal DescriptionABST 121 PAGE 15 LOT 1880 SEA ISLE 9TH EXTENSION
Census Tract726102
Assessed Land Value$335,990
Assessed Improvement Value$470,790
Assessment Year2025

About this property

Exceptional canal-front home in Sea Isle, ideally positioned on a cul-de-sac with 117 feet of premier waterfront and just minutes from the beach. Well maintained and thoughtfully designed, this home offers an elevated coastal lifestyle with expansive indoor and outdoor entertaining spaces on both levels. Upstairs, soaring ceilings & abundant natural light highlight the open-concept living, dining, and kitchen areas. The kitchen features ample prep, storage space, & granite countertops. The primary suite features deck access & en-suite bath, while 2 additional bedrooms and a full bath are located across the home. The ground level offers a Guest Suite complete with a bedroom, full bath, kitchenette, and utility space. Home conveys fully-furnished! Enjoy the waterfront experience with a boat house & lift, fishing pier, and an expansive yard with room for a custom pool! Resident amenities: community pool, fishing pier, marina with boat launch, tennis courts, park, & waterfront dining.

Investor Tools

$142,251Estimated Mortgage Balance
$723,749Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,137,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,539/month
$318/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,141
$806,780
2025
$335,990
$470,790
$806,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,141
$806,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Conventional
$225,000
No
First
Jan 28, 2011
Feb 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,251
$723,749
83%
16%
$0/mo

City: Galveston

22218 Matagorda Drive | Property Details | No Agent List