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A+
NoAgentList RatingHow are grades calculated? Info

$1,221,610

3238 Carthegena Way, Galveston, TX, 77554

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,517 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.85 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringBamboo

Exterior

Lot Size8,050 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces10

Land Information

APN5866-0002-0024-000
Lot Number24
SubdivisionPirates Cove 2
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 24 BLK 2 PIRATES COVE SEC 2
Census Tract726101
Assessed Land Value$90,450
Assessed Improvement Value$1,131,160
Assessment Year2025

About this property

Large, Pirates Cove home situated on a large lot with great bay views. Home offers 3 garages and lots of covered entertainment space. Enter the home without worry of getting caught in the rain, through the enclosed entrance. This home has 3 good sized bedrooms and 2 full baths. The public living spaces are quite large and the Primary bedroom and bathroom are Huge! The kitchen has a breakfast bar, lots of cabinet and counter space, granite counters, stainless appliances and is open to the family room. This property is ready for your personal touch, call today! Home is not being sold furnished.

Investor Tools

Property Icon
$1,221,610
Estimated Property Value
$287,200Estimated Mortgage Balance
$963,365Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,330 /month
Positive
Cash Flow Estimate:
$2,443 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,120/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,333
$1,221,610
2025
$90,450
$1,131,160
$1,221,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,333
$1,221,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Stand Alone First / Home Equity First Lien
$287,200
No
First
Feb 24, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,245
$963,365
78%
21%
$1,722/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,797/mo
$-17/mo
1.7%

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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3238 Carthegena Way | Property Details | No Agent List