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$2,743,000

NAL Estimated Property Value

2617 E Seaside Drive, Galveston, TX, 77550

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,333 Sq Ft
price_per_sqft$885.09 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4.5Bathrooms 4.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size2,932 sqft

Building Information

Year Built2012
Stories2
Roof Type112
Garage Spaces7

Land Information

APN1647-0005-0032-000
Lot Number32
SubdivisionBeachtown Galveston East Village (2007)
Land UseResidential
Legal DescriptionBEACHTOWN GALVESTON EAST VILLAGE (2007) ABST 628, BLOCK 5, LOT 32, ACRES 0.067
Census Tract724101
Assessed Land Value$304,580
Assessed Improvement Value$1,861,460
Assessment Year2025

About this property

One of a kind Beachfront home in highly sought after East Village section of Beachtown Galveston. 5 bedroom, 4.5 bathroom is located on the island's only GROWING and non-driving beach. Built to Fortified standards with concrete pilings and a concrete podium (first level floor) construction. Home offers a heated swimming pool, beachfront yard, elevator, wide-plank walnut flooring, tall ceilings, Sub-Zero/Wolf appliances, 2 fireplaces, Andersen doors/windows, and many more features. The main level features a great room, kitchen, two covered porches, and an oversized bedroom suite. Upstairs features a large master suite in addition to a private porch and three additional bedrooms. The home is being offered furnished including outdoor furniture and electronics.

Investor Tools

Property Icon
$2,743,000
Estimated Property Value
$2,373,169Estimated Mortgage Balance
$369,831Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,700 /month
Positive
Cash Flow Estimate:
$5,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,836/month
$3,458/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$44,321
$2,166,040
2025
$304,580
$1,861,460
$2,166,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$44,321
$2,166,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$2,542,217
No
First
Oct 18, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,373,169
$369,831
13%
87%
$15,242/mo

City: Galveston

2617 E Seaside Drive | Property Details | No Agent List