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$165,000

3506 Cove View Blvd Apt 1406, Galveston, TX, 77554

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths773 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$213.45 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN5577-0000-1406-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 1406, 0.4717% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$6,740
Assessed Improvement Value$159,020
Assessment Year2025

About this property

Investor-friendly and close to the beach! This 2-bedroom condo at The Palms is located in the desirable West End of Galveston, just a short walk from the beach. The flexible floor plan includes two bedrooms, with one easily used as a home office, guest room, or bonus space, making it ideal for today’s work-from-home lifestyle. The condo features a large kitchen with plenty of room to cook and gather, with direct access to a private patio just off the kitchen—perfect for morning coffee, grilling, or enjoying coastal breezes. The unit is well maintained and part of a community offering a pool and fitness center, adding to its appeal for long-term tenants or future personal use. Whether you’re looking for immediate cash flow or a versatile coastal retreat, this Palms condo delivers space, flexibility, and location in one smart package. Leased through to August 31st 2026.

Investor Tools

$0Estimated Mortgage Balance
$165,760Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$995 /month
Positive
Cash Flow Estimate:
$332 /month

Interested in this property?

Tammy Petterson

UTR TEXAS, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
$456/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,886
$165,760
2025
$6,740
$159,020
$165,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,886
$165,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$165,760
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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3506 Cove View Blvd Apt 1406 | Property Details | No Agent List