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$262,170

NAL Estimated Property Value

3506 Cove View Boulevard 601, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,060 Sq Ft
price_per_sqft$113.68 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Cooktop, Electric Range, Electric Oven, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1,059 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APN5577-0000-0601-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 601, 0.6468% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$9,240
Assessed Improvement Value$252,930
Assessment Year2025

About this property

Well maintained 2 bedroom unit with Gulf views & attached garage. The unit offers an open floor plan with tile running throughout, a wood burning fireplace, newer carpet, newer windows and patio space. The complex is close to the beach and shopping. The complex offers a pool, fitness center and club house. Conveys furnished!

Investor Tools

Property Icon
$262,170
Estimated Property Value
$65,690Estimated Mortgage Balance
$196,480Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,573 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
$521/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,034
$262,170
2025
$9,240
$252,930
$262,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,034
$262,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Unknown
$76,500
No
First
Apr 12, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,690
$196,480
74%
25%
$459/mo

City: Galveston

3506 Cove View Boulevard 601 | Property Details | No Agent List