NoAgentList RatingHow are grades calculated?

599Days on Market

1view

$1,900

402 Post Office St Apt 207, Galveston, TX, 77550

On Market

2 Beds

2 Bath

993 Sq Ft

Condos / Townhouses

$1.91 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Microwave, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Oven

FlooringWood

Exterior

Exterior FeaturesBalcony

Lot Size993 sqft

Building Information

Year Built1965

Stories1

Roof Type172

Land Information

APN3269-0000-0207-000

SubdivisionExcelsior Condominiums (2008) Abst 628

Land UseResidential

Legal DescriptionEXCELSIOR CONDOMINIUMS (2008) ABST 628, UNIT 207, 4.4887% COMMON AREA INTEREST

Census Tract724300

Assessed Land Value$3,700

Assessed Improvement Value$191,290

Assessment Year2025

About this property

LIVE JUST MINUTES FROM UTMB, THE STRAND, THE BEACH, RESTAURANTS, AND HISTORIC DOWNTOWN GALVESTON in this updated 2-bedroom, 2-bathroom condo at Excelsior Condominiums. Enjoy low-maintenance island living with WATER, BASIC CABLE, PEST CONTROL, A PRIVATE COMMUNITY POOL, AND AN ASSIGNED PARKING SPACE INCLUDED. Ideal for medical professionals, roommates, or anyone seeking a convenient coastal lifestyle, this 2nd floor unit features hardwood flooring throughout the main living areas, an open living and dining layout, and a kitchen with granite countertops, stainless steel appliances, abundant cabinetry, breakfast bar seating, and an in-unit stacked washer and dryer. The spacious primary suite offers a walk-in closet and updated ensuite bath, while the second bedroom and full bath provide flexibility for guests or a home office. Relax on your private balcony and enjoy easy access to shopping, dining, entertainment, and Galveston's waterfront. BEAUTIFULLY MAINTAINED COURTYARDS ABOUND!!!!!

Investor Tools

$254,000

Estimated Property Value

$90,000Estimated Mortgage Balance

$175,866Estimated Equity

65% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,524 /month

Positive

Cash Flow Estimate:

$508 /month

Interested in this property?

Cynthia Corder

eXp Realty LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$375/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,228

$194,990

2025

$3,700

$191,290

$194,990

Tax History

Year

Tax Paid

Assessed Value

2024

$3,228

$194,990

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loandepot.Com Llc

Conventional

$90,000

First

Nov 26, 2019

Dec 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$78,134

$175,866

69%

31%

$540/mo

Learn About the Market: Opportunity in Texas

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 This Area