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$134,325

NAL Estimated Property Value

3506 Cove View Blvd Apt 207, Galveston, TX, 77554

$148,615 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths732 Sq Ft
price_per_sqft$239.07 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

Exterior

Lot Size732 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN5577-0000-0207-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 207, 0.4467% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$6,380
Assessed Improvement Value$172,460
Assessment Year2025

About this property

Welcome to condo #207, a ground-level gem with a 2-car garage and plenty of nearby parking. Recent updates include a 2020 HVAC system (10-yr warranty), 2023 water heater, and 2024 garage opener. The HOA maintains a rigorous schedule, with recent updates to the rail staircase (Dec 2020), roof (Apr 2022), fence (2024), exterior paint (2024), and picnic area (2025). Enjoy the community pool, gym, and 24/7 on-site security. With short-term rentals allowed and convenient HOA support, this condo is a dream come true. Priced below county appraisal value, it's just a short walk to shopping and 2 miles from a fishing pier. Schedule a tour today!

Investor Tools

Property Icon
$134,325
Estimated Property Value
$22,180Estimated Mortgage Balance
$112,145Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$148,615
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
$446/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$696
$134,325
2025
$6,380
$172,460
$178,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$696
$134,325

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arcelys Home At The Palms Llc
Unknown
$28,000
No
First
Jul 20, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,180
$112,145
83%
17%
$0/mo

Learn About the Market: Opportunity in Texas

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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 207 | Property Details | No Agent List