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$291,999

NAL Estimated Property Value

26511 Mangrove Dr Unit 202, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,055 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$317.54 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Oven
FlooringTile

Exterior

Exterior FeaturesBalcony, Playground, Storage
Lot Size1,054 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN1406-0006-0005-000
SubdivisionBay Water Condominiums (2007) Abst 121
Land UseReal, Residential, Condominium
Legal DescriptionBAY WATER CONDOMINIUMS (2007) ABST 121, BUILDING 6, UNIT 5, 1.39% COMMON AREA INTEREST
Census Tract726102
Assessed Land Value$18,430
Assessed Improvement Value$273,569
Assessment Year2025

About this property

Escape to this breathtaking second-floor with bay view! Located on the tranquil West end of Galveston Island at the popular vacation destination of Pointe West. Relax with a cup of coffee on your expansive covered balcony listening to the sounds of nature and watching the sun rise and set. Updates include new flooring, kitchen, baths and some fixtures. Turn-key ready with furnishings and appliances included. Perfect first/second home or vacation rental property. The community of Pointe West offers amenities like no other on the island. Private Beach Club with restaurant/bar, infinity pool/hot tub, heated lazy river/Sunset pool/hot tub, workout facility, game room, owners lounge, fishing pier, pickle ball and basketball courts, and more. Plus, enjoy the vast and pristinely maintained private Pointe West Beach.

Investor Tools

Property Icon
$291,999
Estimated Property Value
$212,821Estimated Mortgage Balance
$79,178Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$944/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,632
$291,999
2025
$18,430
$273,569
$291,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,632
$291,999

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$218,999
No
First
Oct 25, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,821
$79,178
27%
73%
$1,314/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Galveston

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26511 Mangrove Dr Unit 202 | Property Details | No Agent List