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$201,810

NAL Estimated Property Value

3506 Cove View Blvd Apt 1603, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths816 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$116.42 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven, Washer/Dryer
FlooringTile

Exterior

Lot Size815 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN5577-0000-1603-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 1603, 0.4979% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$7,120
Assessed Improvement Value$194,690
Assessment Year2025

About this property

READY FOR MOVE-IN!! **This gorgeous 2 bedroom 1 bath condo is newly renovated**NO FLOODING**New tile and upgrades. NEW WINDOW TREATMENTS! Within walking distance to the beach, in the bus line. Includes refrigerator, stove, dishwasher and microwave. Complex offers sparkling pool, exercise room, clubhouse, pet-friendly complex. ENDLESS POSSIBILITIES WITH THIS SPACIOUS CONDO! HIGHLY SOUGHT AFTER CONDO ON THE FIRST FLOOR of complex!!!!! Great get-away vacation home or AIR B&B rental!! GREAT INVESTMENT** DON'T LET THIS ONE GET AWAY!!

Investor Tools

Property Icon
$201,810
Estimated Property Value
$90,142Estimated Mortgage Balance
$111,668Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,211 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
$393/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,930
$201,810
2025
$7,120
$194,690
$201,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,930
$201,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$100,848
No
First
Nov 16, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,142
$111,668
55%
45%
$605/mo

City: Galveston

3506 Cove View Blvd Apt 1603 | Property Details | No Agent List