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$373,000

26550 Mangrove Drive 303, Galveston, TX, 77554

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,427 Sq Ft
price_per_sqft$261.39 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Freestanding Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesBack Green Space, Balcony, Exercise Room, Front Green Space, Sprinkler System, Storage
Lot Size1,429 sqft

Building Information

Year Built2005
Stories1
Garage Spaces3

Land Information

APN1406-0008-0303-000
SubdivisionBay Water Condominiums (2007) Abst 121
Land UseResidential
Legal DescriptionBAY WATER CONDOMINIUMS (2007) ABST 121, BUILDING 8, UNIT 303
Census Tract726102
Assessed Land Value$24,930
Assessed Improvement Value$373,720
Assessment Year2025

About this property

Perched on the top-floor corner with a large private furnished balcony offering picturesque bay and Gulf views. New luxury plank flooring (Sept '26). Recent NEW ELEVATOR ('26); updates include Oven ('22), AC/Heat ('20), Water Heater ('18), Washer/Dryer ('23), Guest Shower ('25), custom built-in bunk room, and automated leak detection/emergency water shut-off. BONUS of 3 storage closets 1.in garage, 2.entry, and 3, balcony. Conveys fully furnished, complete with kayaks and paddle board. Extra storage on 1st and 3rd floor. Enjoy this resort-like community with a private non-drive-on beach; condo fees cover insurance, water, basic cable, trash, landscaping, elevator & exterior maintenance, on-site security, private club, 2 pools/hot tubs, restaurant, bar, fitness center, pickleball & basketball courts, game room, owner's lounge, and gift shop. Ideal as a vacation rental, second home, or primary residence.

Investor Tools

$0Estimated Mortgage Balance
$398,650Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,392 /month
Positive
Cash Flow Estimate:
$797 /month

Interested in this property?

Susan Lutz

United Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$778/month
$1,426/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,339
$398,650
2025
$24,930
$373,720
$398,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,339
$398,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$398,650
100%
0%
$0/mo

City: Galveston

26550 Mangrove Drive 303 | Property Details | No Agent List