Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$528,000

NAL Estimated Property Value

2400 Mechanic St Apt 207, Galveston, TX, 77550

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,326 Sq Ft
price_per_sqft$282.81 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringStone, Wood

Exterior

Lot Size1,324 sqft

Building Information

Year Built2014
Stories1

Land Information

APN6778-0000-0207-000
SubdivisionThe Strand Lofts Condos (2015) Abst 628
Land UseResidential
Legal DescriptionTHE STRAND LOFTS CONDOS (2015) ABST 628, UNIT 207, 2.90% COMMON AREA INTEREST
Census Tract724500
Assessed Land Value$28,840
Assessed Improvement Value$321,160
Assessment Year2025

About this property

Luxury condo with modern finish out in downtown Galveston historic building, The Strand Lofts, the former Clarke & Courts building with Nicholas Clayton architecture. Master bedroom with barn doors. One of the building's "vaults" left inside after renovation provides a separate, open bonus room. Current owner has a double bed and desk in the extra room, but could be study, storage, art room...a true extra space not found in most of the units! Open concept living/dining area with some of the original printing accessories left for unique decor. Tall windows allow plenty of sunlight and have plantation shades on the bottom of the windows facing the Bay for privacy. Brick walls and modern appliances in kitchen, endless cabinet spaces, with movable ladder to access higher cabinets in this architectural beauty with tall ceilings. One block from the Strand, walk to restaurants, galleries, night life and events. Pet friendly with restrictions. No short term rentals.

Investor Tools

Property Icon
$528,000
Estimated Property Value
$0Estimated Mortgage Balance
$528,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,168 /month
Positive
Cash Flow Estimate:
$1,056 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
$659/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,057
$350,000
2025
$28,840
$321,160
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,057
$350,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$557,000
100%
0%
$0/mo

City: Galveston

2400 Mechanic St Apt 207 | Property Details | No Agent List