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$1,422,000

NAL Estimated Property Value

2506 Sunset Psge, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,026 Sq Ft
price_per_sqft$375.12 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Oven, Microwave, Gas Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Exterior FeaturesBalcony, Storage
Lot Size1,638 sqft

Building Information

Year Built2019
Stories2
Roof Type112
Garage Spaces4

Land Information

APN1647-0013-0014-000
Lot Number14
SubdivisionBeachtown Galveston East Village (2007)
Land UseResidential
Legal DescriptionBEACHTOWN GALVESTON EAST VILLAGE (2007) ABST 628, BLOCK 13, LOT 14, ACRES 0.038
Census Tract724101
Assessed Land Value$65,600
Assessed Improvement Value$834,400
Assessment Year2025

About this property

Only 2 left!! The Sunset Passage Townhomes, located in Beachtown's East Village, enjoy spectacular views of the beach and Galveston Bay. Only a short walk to the beach. The unit offers 3 bedrooms, 3 baths and is built with the same charming design and craftsmanship as other homes in the community. The unit offers over-sized Azek porches, Viking appliances, wide-plank tile flooring, and an elevator shaft. Several options are available that can be added now or in the future, including: a home office, bunk-bed gallery, and a residential elevator. Lastly, these townhomes are built to 150-mph IBHS FORTIFIED construction standards to resist the forces of mother nature and offer piece of mind to owners. Great lock-and-leave ease as well as active HOA management and eligibility in the Beachtown vacation rental program.

Investor Tools

Property Icon
$1,422,000
Estimated Property Value
$510,124Estimated Mortgage Balance
$911,876Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,532 /month
Positive
Cash Flow Estimate:
$2,844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,677/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,015
$900,000
2025
$65,600
$834,400
$900,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,015
$900,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$564,000
No
First
May 14, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$510,124
$919,876
64%
36%
$3,382/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,032/mo
$-2,310/mo
1.5%

City: Galveston

2506 Sunset Psge | Property Details | No Agent List