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

$359,000

NAL Estimated Property Value

2402 Mechanic Street 506, Galveston, TX, 77550

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,200 Sq Ft
price_per_sqft$299.17 / sqft
Year BuiltBuilt in 1891

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringMarble, Wood

About this property

TOP 5th floor corner unit offers views of the Gulf, harbor, cruise ships, & Strand street! Wide open loft spaces modernized in the historic Clarke & Courts Building, embellishing stunning original architecture by Nicholas Clayton. This top floor corner unit was designed to capture optimal space & fabulous views of downtown Galveston while maintaining great artifacts such as original brick walls, coveted arched windows, cables & metal wings, & arched trusses. Modern adornments to include refinished pine hardwoods, walls of fabulous custom cabinets, gorgeous Marble & leathered granite counter tops. Luxurious bathroom en-robed in Carrara marble. YOU HAVE TO SEE TO BELIEVE! Strand Loft amenities include secured entrances, gated parking, fitness center, & a furnished common area deck on the parking garage's 3rd level. Walkability to everything historic downtown Galveston has to offer including restaurants, night-life, museums, shopping, cruise ships & more!

Investor Tools

Property Icon
$359,000
Estimated Property Value
$0Estimated Mortgage Balance
$359,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /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
$X/month
$423/month
5.947%

City: Galveston

2402 Mechanic Street 506 | Property Details | No Agent List