2view

Owner Contacts

$654,820

NAL Estimated Property Value

4003 Indian Beach Drive, Galveston, TX, 77554

Off Market

3 Beds

3 Bath

1,423 Sq Ft

Single Family Residence

$302.11 / sqft

Built in 2003

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Laminate, Tile

Exterior

Lot Size1.15 acres

Building Information

Year Built2003

Stories1

Roof Type105

Garage Spaces7

Land Information

APN4132-0003-0052-000

Lot Number52

SubdivisionIndian Beach 3

Land UseResidential

Legal DescriptionABST 121 HALL & JONES SUR LOT 52 BLK 3 INDIAN BEACH SEC 3

Census Tract726102

Assessed Land Value$441,549

Assessed Improvement Value$213,271

Assessment Year2025

About this property

PRICE IMPROVEMENT!! Enjoy a front row view of Galveston's famous sunsets and glimpses of Bay views with plenty of elbow room between you and your neighbors. This completely turn-key home is situated on an oversized water-front lot, within walking distance to the subdivision amenities and the beach access. From the living area, you are greeted to pond views to the East and Bay views to the North! Easy cleanup vinyl plank flooring is found throughout the common areas, ideal for any beach home. Bright kitchen with an abundance of white cabinetry & newer appliances. 1st level primary with deck access and water views. Impact-resistant windows all around, installed in 2021. 2015 roof. Indian Beach offers a rec center, pool, tennis courts, and fishing pier. Nates Seafood & Steaks is within a short drive, as are other great restaurants & shops located in Jamaica Beach. Schedule your showing today and enjoy this turnkey home in your investment portfolio or as your 2nd home beach retreat.

Investor Tools

$654,820

Estimated Property Value

$372,829Estimated Mortgage Balance

$281,991Estimated Equity

43% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,929 /month

Positive

Cash Flow Estimate:

$1,310 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,157/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,614

$654,820

2025

$441,549

$213,271

$654,820

Tax History

Year

Tax Paid

Assessed Value

2024

$10,614

$654,820

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Griffin Funding Inc

Fha

$386,250

Yes

First

Dec 16, 2022

Jan 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$372,829

$281,991

43%

57%

$2,733/mo

Learn About the Market: Opportunity in Texas

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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.

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