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$275,000

NAL Estimated Property Value

26540 Mangrove Dr Unit 102, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,055 Sq Ft
price_per_sqft$151.56 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size1,054 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN1406-0007-0102-000
SubdivisionBay Water Condominiums (2007) Abst 121
Land UseResidential
Legal DescriptionBAY WATER CONDOMINIUMS (2007) ABST 121, BUILDING 7, UNIT 102
Census Tract726102
Assessed Land Value$18,430
Assessed Improvement Value$256,570
Assessment Year2025

About this property

Daily tropical paradise! Delightful luxury vacation. A world of living, Toward end of the Galveston Island. Restful 2 bedrm/2 bath condo.Pleasantly appointed. Balcony extravagance facing the lovely wet lands and sunset galore. HOA amenities: elevator, assigned covered carport, infinity pool, walking paths, insurance, beach club. Sunshine & panoramic setting right at your masters,living breakfast area& kitchen. Recent water heater and wood tiles in the bedrooms, entry, breakfast area and living room. Relax & enjoy all the comforts. Excellent affordable getaway or weekend investment. Easy on the pocket. Cool breezes awaits you. All furnitures stays. All you need is move - in . Priced to sell. Lowest in the market. A steal of a deal!!!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$108,522Estimated Mortgage Balance
$166,478Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$2,506/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,547
$275,000
2025
$18,430
$256,570
$275,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,547
$275,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$122,400
No
First
Jul 17, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,522
$166,478
60%
39%
$734/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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26540 Mangrove Dr Unit 102 | Property Details | No Agent List