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$563,000

NAL Estimated Property Value

3515 Cutwater Place, Galveston, TX, 77554

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
price_per_sqft$314.43 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size12,750 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces5

Land Information

APN5870-0010-0033-000
Lot Number33
SubdivisionPirates Cove Sec 6
Land UseResidential
Legal DescriptionABST 121 PAGE 44 LOT 33 BLK 10 PIRATES COVE SEC 6
Census Tract726101
Assessed Land Value$56,770
Assessed Improvement Value$448,400
Assessment Year2025

About this property

Whether you're looking for a weekend getaway or want to live at the bay full-time, don't miss this delightful residence. It sits on an expansive Laffite's Cove lot, overlooking the bay and nature preserve and just a short walk to the beach. Multiple outdoor living spaces, perfect for entertaining/relaxing. The updated kitchen is open to the living & dining room, featuring a breakfast bar, custom cabinetry, new stainless appliances, sleek quartz countertops, & walk-in pantry. The spacious, light-filled, living/dining space has a wood burning fireplace and a wall of windows. 2 bdrms, indoor laundry, and a full-bath complete the 1st floor. Upstairs, the primary bdrm suite is a peaceful, private oasis, with a generous walk-in closet, roomy ensuite bath with double sinks and tile floors. Bring your canoe and kayak, everything else is here. The home conveys with a social membership to the Galveston CC and furnished, with some exclusions. Electric storm shutters on all windows.

Investor Tools

Property Icon
$563,000
Estimated Property Value
$378,357Estimated Mortgage Balance
$184,643Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,378 /month
Positive
Cash Flow Estimate:
$1,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$979/month
$716/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,931
$505,170
2025
$56,770
$448,400
$505,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,931
$505,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bwc Mortgage Services
Conventional
$412,000
No
First
Jan 4, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,357
$184,643
32%
67%
$2,471/mo

City: Galveston

3515 Cutwater Place | Property Details | No Agent List