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$178,840

3506 Cove View Blvd Apt 809, Galveston, TX, 77554

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths732 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$234.29 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size732 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5577-0000-0809-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 809, 0.4467% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$6,380
Assessed Improvement Value$172,460
Assessment Year2025

About this property

The Palms at Cove View is PET FRIENDLY and allows SHORT TERM VACATION RENTALS. This can be your primary residence, home away from home, or an investment. 2022 UPDATES include: new vinyl laminate flooring throughout the first level, new carpet on the stairs & in the bedroom, fresh paint all throughout, and new Wainscot paneling at the entrance. NEW ROOF and FENCE: the HOA replaced the roof March 2022 & fence April 2022 on the parking side for building 8. The new white fence was installed in the back by this unit's TWO CAR GARAGE. The open living/dining areas are near the kitchen on the first level with easy access to the private patio and two entrances. Enjoy the breeze in the warmer seasons and wood burning fireplace in the cooler seasons. The second level has a spacious bedroom, walk-closet, laundry room with a full sized washer/dryer, and bathroom. Amenities include: pool, sun deck, fitness room, gazebo, and community grill. Call for more information and to schedule your appointment.

Investor Tools

Property Icon
$178,840
Estimated Property Value
$100,000Estimated Mortgage Balance
$85,157Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,073 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
$443/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,491
$178,840
2025
$6,380
$172,460
$178,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,491
$178,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Conventional
$100,000
No
First
Aug 3, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,683
$85,157
47%
52%
$514/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 809 | Property Details | No Agent List