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$284,000

402 Post Office St Apt 213, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths873 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.55 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Washer, Dishwasher, Washer/Dryer

Exterior

Lot Size871 sqft

Building Information

Year Built1965
Stories1
Roof Type172

Land Information

APN3269-0000-0213-000
SubdivisionExcelsior Condominiums (2008) Abst 628
Land UseResidential
Legal DescriptionEXCELSIOR CONDOMINIUMS (2008) ABST 628, UNIT 213, 3.9498% COMMON AREA INTEREST
Census Tract724300
Assessed Land Value$3,260
Assessed Improvement Value$168,170
Assessment Year2025

About this property

This condo is located 1 block from UTMB, 4 blocks to Stewart Beach and 1/2 block to the grocery store. Charming condo in the middle of the 2nd floor of this quaint 26-unit community overlooking a gorgeous courtyard with a sparkling pool, grill and lovely fountain. Includes hardwood & travertine flooring with carpeted bedrooms, granite countertops, ceilings accented by crown molding, high efficiency AC installed 2021, full size washer/dryer and walk in closet. The community has covered assigned parking and gated entry. You will love this community! This community does not allow Vacation Rentals.

Investor Tools

Property Icon
$284,000
Estimated Property Value
$0Estimated Mortgage Balance
$284,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
$435/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,987
$171,430
2025
$3,260
$168,170
$171,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,987
$171,430

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$273,000
100%
0%
$0/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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