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$259,000

NAL Estimated Property Value

3506 Cove View Blvd Apt 215, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,060 Sq Ft
price_per_sqft$140.57 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Washer/Dryer, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size1,059 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APN5577-0000-0215-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 215, 0.6468% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$9,240
Assessed Improvement Value$249,760
Assessment Year2025

About this property

This one was worth the wait! This nicely updated condo is one of the few to have a glimpse of the Gulf. It is a corner unit conveniently accessed from the first floor. Private attached garage with plenty of storage space and newly insulated garage door. 2016 storm windows and all new blinds. Kitchen updates include stainless steal appliances, quartz counter tops, under cabinet lighting, custom cabinetry, and a tasteful tile backsplash. Open living and dining rooms are all on the first level. Living room with a wet bar and a wood burning fire place to enjoy. Outdoor patio space is set to enjoy outdoor seating from the privacy of your own home. Newer outdoor electric grill remains. Additional storage space outside. Upstairs are two bedrooms, both with walk in closets. A full bathroom with a shower/tub combination is also located upstairs. All closets updated with Elfa shelving. This condo has been out of the vacation rental pool but easily be back in. Schedule your appointment soon!

Investor Tools

Property Icon
$259,000
Estimated Property Value
$112,155Estimated Mortgage Balance
$146,845Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,986
$259,000
2025
$9,240
$249,760
$259,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,986
$259,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$124,000
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,155
$146,845
56%
43%
$744/mo

City: Galveston

3506 Cove View Blvd Apt 215 | Property Details | No Agent List