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$201,142

NAL Estimated Property Value

3506 Cove View, Galveston, TX, 77554

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths576 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$225.69 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesWasher

Exterior

Lot Size1,059 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN5577-0000-0201-000
SubdivisionPalms At Cove View Condominiums (2008) A
Land UseResidential
Legal DescriptionPALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, UNIT 201, 0.6468% COMMON AREA INTEREST
Census Tract725900
Assessed Land Value$9,240
Assessed Improvement Value$252,930
Assessment Year2025

About this property

Beautiful 1 bedroom unit, located on the first floor of the Palms at Cove View, just walking distance to the beach and close to Moody Gardens, Schlitterbahn and Galveston beaches. The Palms are also pet friendly and allow vacation rentals. The HOA covers water, insurance and cable. The unit features high ceilings and conveys fully furnished, including linens and dishes, and has a wood burning fireplace. The complex features a fitness center, club house with internet café and a community pool with sundeck. --

Investor Tools

Property Icon
$201,142
Estimated Property Value
$90,061Estimated Mortgage Balance
$111,081Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,207 /month
Positive
Cash Flow Estimate:
$402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
$316/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$790
$201,142
2025
$9,240
$252,930
$262,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$790
$201,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mld Mortgage
Conventional
$99,379
No
First
Jun 11, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,061
$111,081
55%
45%
$596/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 | Property Details | No Agent List