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$199,390

3506 Cove View Blvd Apt 1216, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths816 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$226.72 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesCourtyard
Lot Size815 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN5577-0000-1216-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 1216, 0.4979% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$7,120
Assessed Improvement Value$192,270
Assessment Year2025

About this property

Welcome to 3506 Cove View Blvd., No. 1216, a beautifully remodeled two bedroom garden style condo. Used only as a second home by the owners, the condo coveys with most of the contents. This condo features a wood burning fireplace, utility room, and a separate vanity and sink in the primary bedroom. The primary walk-in closet and outside storage room provide plentiful storage. Palms at Cove View has a pool and fitness center, and it is close to the beach, Seawall, Moody Gardens, Schlitterbahn, and the golf course. The units at Palms at Cove View can be used for vacation rentals.

Investor Tools

Property Icon
$199,390
Estimated Property Value
$0Estimated Mortgage Balance
$199,390Estimated Equity
100% 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
$492/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

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,390
100%
0%
$0/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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