$154,000
NAL Estimated Property Value3506 Cove View Blvd Apt 1309, Galveston, TX, 77554
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Range, Refrigerator, Dishwasher
FlooringTile
Exterior
Lot Size575 sqft
Building Information
Year Built1983
Stories1
Roof Type105
Land Information
APN5577-0000-1309-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 1309, 0.3515% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$5,020
Assessed Improvement Value$135,720
Assessment Year2025
About this property
Affordable Galveston Condo located conveniently close to the Beach, Moody Gardens, Schlitterbahn and a short drive to Pleasure Pier and the Strand. Property features a clubhouse, workout facility, and a beautiful pool. The property is pet-friendly permits two pets, no weight limits, no breed restrictions. Convenient pet stations throughout the property. Monthly maintenance fee includes water, basic cable, refuse and common areas.
Investor Tools
$154,000
Estimated Property Value
$112,421Estimated Mortgage Balance
$41,579Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$924 /month
Positive
Cash Flow Estimate:
$308 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
$317/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,709
$140,740
2025
$5,020
$135,720
$140,740
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,709
$140,740
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$116,800
No
First
Apr 29, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,421
$33,579
22%
73%
$701/mo
