$1,695,000
2602 E Seaside Dr, Galveston, TX, 77550
On Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesWater Heater, Disposal, Ice Maker, Refrigerator Included, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringTile
Exterior
Exterior FeaturesSprinkler System
Lot Size3,441 sqft
Building Information
Year Built2024
Stories2
Roof Type105
Garage Spaces6
Land Information
APN1647-0006-0001-000
Lot Number1R
SubdivisionBeachtown Galveston East Village (2007)
Land UseVacant Land
Legal DescriptionBEACHTOWN GALVESTON EAST VILLAGE REPLAT (2015) ABST 628, LOT 1R, ACRES 0.079
Census Tract724101
Assessed Land Value$150,380
Assessed Improvement Value$755,220
Assessment Year2025
About this property
New Construction 4-bedroom, 3.5 bathroom located in Beachtown’s East Village. Home is located just steps away from the dune-walkover to the beach. Take in the serene views of Galveston Bay and the East End Nature Preserve from the porches. This residence offers an elevator, upside-down floorpan, cathedral ceiling, wide-plank engineered wood flooring, gas fireplace, built-in bunk beds, Thermador appliances, and Azek decking. Designed and built to Fortified construction standards.
Investor Tools
$1,135,998Estimated Mortgage Balance
$542,002Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,170 /month
Positive
Cash Flow Estimate:
$3,390 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$945/month
$4,180/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,949
$843,846
2025
$150,380
$755,220
$905,600
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,949
$843,846
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Building Or Construction Loan
$1,190,000
No
First
Nov 28, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,135,998
$542,002
32%
68%
$7,135/mo
