NoAgentList RatingHow are grades calculated?

7view

Owner Contacts

$353,000

NAL Estimated Property Value

2819 Merida Ct, Galveston, TX, 77554

Off Market

3 Beds

3 Bath

1,760 Sq Ft

Condos / Townhouses

$141.99 / sqft

Built in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer

FlooringCarpet, Laminate, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size2,326 sqft

Building Information

Year Built2004

Stories2

Roof Type105

Garage Spaces3

Land Information

APN5128-0000-0050-000

Lot Number50

SubdivisionMerida Court At Campeche Shores (2006)

Land UseResidential

Legal DescriptionABST 121 HALL & JONES SUR LOT 50 MERIDA COURT AT CAMPECHE SHORES (2006)

Census Tract725900

Assessed Land Value$25,810

Assessed Improvement Value$249,560

Assessment Year2025

About this property

Extremely well maintained super clean home located on a quiet cul-de-sac street on beautiful Galveston island, includes bay view, fantastic over-sized second floor balcony(great for BBQ,relaxing and entertaining),2 vehicle parking also includes work/storage space within attached garage,additional parking and rear ground level yard also present. This family functional home has many upgraded features including elevated ceilings, made-ready for elevator, Level III kitchen/bar granite countertops,solid oak staircase,utility room in home, electric storm shutter for balcony door; updates include recent wood stain balcony/decking, window treatments and durable high quality laminate wood flooring.The Master Bedroom is very spacious with his & her's closets,dual vanities within Master Bath.The property is well situated,minutes from seawall,Acclaimed Moody Gardens & Golf Course, grocery stores, restaurants,beaches & MUCH MORE.Campeche Shores subdivi. includes picnic area,pier w/gazebo & benches

Investor Tools

$353,000

Estimated Property Value

$170,160Estimated Mortgage Balance

$182,840Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,118 /month

Positive

Cash Flow Estimate:

$706 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$307/month

$161/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,922

$275,370

2025

$25,810

$249,560

$275,370

Tax History

Year

Tax Paid

Assessed Value

2024

$1,922

$275,370

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Loan Star Inc

Conventional

$184,000

First

Oct 29, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$170,160

$171,840

50%

48%

$1,143/mo

Learn About the Market: Opportunity in Texas

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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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