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$143,000

402 Post Office Street 109, Galveston, TX, 77550

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths620 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$230.65 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard
Lot Size619 sqft

Building Information

Year Built1965
Stories1
Roof Type172

Land Information

APN3269-0000-0109-000
SubdivisionExcelsior Condominiums (2008) Abst 628
Land UseResidential
Legal DescriptionEXCELSIOR CONDOMINIUMS (2008) ABST 628, UNIT 109, 2.8046% COMMON AREA INTEREST
Census Tract724300
Assessed Land Value$2,310
Assessed Improvement Value$119,440
Assessment Year2025

About this property

First floor one bedroom unit ideally situated with the designated parking space at the unit's backdoor. This is an ideal location one block from a full grocery store and a couple of blocks from UTMB. Within the complex, this first floor unit is located away from the pool, but close to a wonderful multi-tiered fountain between the front door and front secured gate. You enter the living room with the dining area to one side. Full kitchen with a breakfast bar. Stacked large washer and dryer in the kitchen area. Past the dining area is the full bath with tub w/shower. Large bedroom with a walk-in closet measuring 8x5. A/C on roof installed in 2018 and Air Handler installed 2022. Washer & Dryer purchased in 2020 and Refrigerator was purchased 2018. You are as close to UTMB as you are going to get!!

Investor Tools

$136,203Estimated Mortgage Balance
$5,797Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$858 /month
Positive
Cash Flow Estimate:
$286 /month

Interested in this property?

David Bowers

Better Homes and Gardens Real Estate Gary Greene - Galveston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$236/month
$324/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,121
$121,750
2025
$2,310
$119,440
$121,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,121
$121,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rmc Vanguard Mortgage Corp
Unknown
$86,000
No
First
Sep 29, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,203
$5,797
4%
96%
$0/mo

City: Galveston

402 Post Office Street 109 | Property Details | No Agent List