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$199,390

NAL Estimated Property Value

3506 Cove View Blvd 1206, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths816 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$134.8 / sqft

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage, Balcony
Lot Size815 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN5577-0000-1206-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 1206, 0.4979% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$7,120
Assessed Improvement Value$192,270
Assessment Year2025

About this property

This upstairs condo has vaulted ceiling in the living area and new carpet in all rooms except the 2nd bedroom. All appliances remain including washer and dryer. This condo could be a primary residence, second or vacation get-a-way or could be an investment property for long or short-term rental.

Investor Tools

Property Icon
$199,390
Estimated Property Value
$129,057Estimated Mortgage Balance
$70,333Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,196 /month
Positive
Cash Flow Estimate:
$399 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
$449/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,892
$199,390
2025
$7,120
$192,270
$199,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,892
$199,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinnacle Funding Group Inc
Conventional
$139,500
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,057
$70,333
35%
65%
$837/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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3506 Cove View Blvd 1206 | Property Details | No Agent List