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$120,000

3506 Cove View Blvd Apt 1324, Galveston, TX, 77554

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths576 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size575 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN5577-0000-1324-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 1324, 0.3515% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$5,020
Assessed Improvement Value$135,720
Assessment Year2025

About this property

Experience the charm of coastal living in this delightful 1-bedroom corner unit condo at The Palms at Cove View, nestled in Galveston’s desirable West End! Offered fully furnished, this gem includes a fridge, full-size washer, and dryer for your convenience. Imagine the joy of a spacious walk-in closet and a cozy wood-burning fireplace—perfect for those breezy coastal evenings. As a resident of The Palms, you'll enjoy wonderful amenities like a refreshing swimming pool and a well-equipped fitness center, all just a short stroll from the beach. With flexible rental options and attractive HOA fees, this is an excellent opportunity for both homeowners and investors alike!

Investor Tools

$37,477Estimated Mortgage Balance
$103,263Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$844 /month
Positive
Cash Flow Estimate:
$281 /month

Interested in this property?

Louis Salas

RE/MAX Leading Edge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
$348/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
Jpmorgan Chase Bank Na
Unknown
$49,500
No
First
Apr 16, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,477
$103,263
73%
27%
$0/mo

City: Galveston

3506 Cove View Blvd Apt 1324 | Property Details | No Agent List