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$360,000

NAL Estimated Property Value

26560 Bay Water Dr Unit 203, Galveston, TX, 77554

$378,815 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,427 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$267.69 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringVinyl

Exterior

Exterior FeaturesPlayground, Balcony
Lot Size1,429 sqft

Building Information

Year Built2005
Stories1
Garage Spaces3

Land Information

APN1406-0009-0203-000
SubdivisionBay Water Condominiums (2007) Abst 121
Land UseResidential
Legal DescriptionBAY WATER CONDOMINIUMS (2007) ABST 121, BUILDING 9, UNIT 203
Census Tract726102
Assessed Land Value$24,930
Assessed Improvement Value$335,070
Assessment Year2025

About this property

Experience luxury living in this stunning waterfront condominium! Featuring 3 bedrooms, 2 baths, and a spacious living area with a balcony for breathtaking views. Enjoy amazing amenities such as beach club access, pickle ball courts, lazy river, fishing piers and much more, providing a lifestyle of comfort and convenience.

Investor Tools

Property Icon
$360,000
Estimated Property Value
$156,461Estimated Mortgage Balance
$203,539Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$378,814
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
$4,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,252
$360,000
2025
$24,930
$335,070
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,252
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$160,000
No
First
Feb 25, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,461
$203,539
56%
43%
$960/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.

Explore Texas Explore This Area
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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26560 Bay Water Dr Unit 203 | Property Details | No Agent List