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$154,000

NAL Estimated Property Value

3506 Cove View Blvd Apt 1309, Galveston, TX, 77554

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths576 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$125.87 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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

City: Galveston

3506 Cove View Blvd Apt 1309 | Property Details | No Agent List