$193,230
NAL Estimated Property Value4006 Sea Grass Ln, Galveston, TX, 77554
Off Market
Highlights
Interior
Exterior
Lot Size15,634 sqft
Land Information
APN6868-0001-0008-000
Lot Number8B
SubdivisionSunset Cove (2005)
Land UseVacant Land
Legal DescriptionSUNSET COVE PRTL RPLT NO 2 (2020), ABST 121, BLOCK A, LOT 8B, ACRES 0.3589
Census Tract726102
Assessed Land Value$193,230
Assessment Year2025
About this property
NOW AN AE FLOOD ZONE. Almost 1/4 acre lot in Sunset Cove. The lot currently offers beach and bay views. Short walk or take golf cart to the beach, pool, or tennis courts. Community boat ramp. Central propane station. Underground utilities. Parks and reserves found throughout the community. Purchase today and begin building your dream home tomorrow. Soon you will be enjoying Galveston's famous sunrises and sunsets. Boat slip can be purchased separately.
Investor Tools
$193,230
Estimated Property Value
$3,893,269Estimated Mortgage Balance
$193,230Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,159 /month
Positive
Cash Flow Estimate:
$386 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
$2,040/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,469
$193,230
2025
$193,230
N/A
$193,230
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,469
$193,230
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$4,000,000
No
First
Nov 18, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,893,269
N/A
0%
2015%
$23,983/mo
