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$299,880

NAL Estimated Property Value

26501 Mangrove Dr Unit 302, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,055 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$175.36 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven, Washer/Dryer Stacked, Oven, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1,054 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN1406-0005-0008-000
SubdivisionBay Water Condominiums (2007) Abst 121
Land UseResidential
Legal DescriptionBAY WATER CONDOMINIUMS (2007) ABST 121, BUILDING 5, UNIT 8, 1.39% COMMON AREA INTEREST
Census Tract726102
Assessed Land Value$18,430
Assessed Improvement Value$281,450
Assessment Year2025

About this property

BEAUTIFULLY updated and well-maintained condo! This 3rd floor unit has spectacular unobstructed views of Galveston's West Bay. Enjoy the sunsets on your 231 square foot balcony. This stylishly furnished unit has granite counter tops, stainless steel appliances, and a separate pantry in the kitchen. Master bath has double sinks and a large walk-in shower. There is a storage closet on the balcony, and an additional storage unit in the parking garage. The condo clubhouse has an amazing pool with beach views, and there is a second pool on the bayside of the complex with a lazy river. This unit is turnkey ready for you to enjoy with family and friends, or as a vacation rental.

Investor Tools

Property Icon
$299,880
Estimated Property Value
$130,951Estimated Mortgage Balance
$168,929Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
$2,564/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,198
$299,880
2025
$18,430
$281,450
$299,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,198
$299,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$148,000
No
First
Jun 19, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,951
$168,929
56%
44%
$888/mo

City: Galveston

26501 Mangrove Dr Unit 302 | Property Details | No Agent List