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Days176Days on Market
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$155,000

3506 Cove View Boulevard 406, Galveston, TX, 77554

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths732 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$211.75 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size732 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN5577-0000-0406-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 406, 0.4467% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$6,380
Assessed Improvement Value$172,460
Assessment Year2025

About this property

Investor-friendly and close to the beach! This 1-bedroom, 1-bath condo at The Palms is located in the desirable West End of Galveston, just a short walk from the beach. Thoughtfully designed with living space on the main level and a large, private bedroom upstairs, the layout feels both cozy and surprisingly spacious. A quaint balcony off the living room provides the perfect spot to enjoy fresh coastal air or unwind after a day at the beach. The condo is well maintained and part of a community that offers 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, a low-maintenance rental, or a flexible coastal retreat, this unit offers strong potential in a highly sought-after location. Keep the current use or make plans of your own—this West End condo is a smart opportunity near the sand and surf. Leased through to October 31st 2026.

Investor Tools

$0Estimated Mortgage Balance
$178,840Estimated Equity
100% 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

Interested in this property?

Tammy Petterson

UTR TEXAS, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
$431/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,145
$178,840
2025
$6,380
$172,460
$178,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,145
$178,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,840
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 Boulevard 406 | Property Details | No Agent List