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$1,330,000

3515 Cove Ln, Galveston, TX, 77554

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.66 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Gas Cooktop, Double Oven, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size8,398 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces8

Land Information

APN5870-0001-0026-000
Lot Number26
SubdivisionPirates Cove Sec 6
Land UseResidential
Legal DescriptionABST 121 PAGE 44 LOT 26 BLK 1 PIRATES COVE SEC 6
Census Tract726101
Assessed Land Value$353,720
Assessed Improvement Value$905,380
Assessment Year2025

About this property

Pristine CANAL home positioned on extra wide area of canal near the bay! Magnificent covered decks w/ north/south breezes to enjoy lush gardens & natural woodlands facing the canal. Morning sunsets over the water & shady afternoons waterside. Tall wall of windows overlooks magnificent views of the nature preserve. Beautifully designed w/ an open floor plan by David Mullican, renowned architect. Secluded master suite on first floor w/ walk-in closet; another master bedroom on 2nd floor w/ private deck. Two more ensuite bedrooms w/ generous closets. Triple wide driveway for plenty of parking. Large covered deck w/ bead board ceiling. Golf course views from front. Best side of the canal – views to the bay and afternoon shade. Elevator shaft to all floors. Electric storm shutters for peace of mind, push button ease. Ideal for full time or for weekends. Social membership to Galveston Country Club. Plenty of room for a pool!

Investor Tools

Property Icon
$1,330,000
Estimated Property Value
$704,000Estimated Mortgage Balance
$724,141Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,980 /month
Positive
Cash Flow Estimate:
$2,660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,474/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,041
$1,259,100
2025
$353,720
$905,380
$1,259,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,041
$1,259,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$704,000
No
First
May 10, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$605,859
$688,141
53%
46%
$4,221/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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3515 Cove Ln | Property Details | No Agent List