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$315,000

415 22nd Street #3D, Galveston, TX, 77550

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths942 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$334.39 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size270 sqft

Building Information

Year Built1918
Stories1

Land Information

APN4769-0000-0003-400
SubdivisionThe Lofts @ The Texas Bldg Condos (2005)
Land UseResidential
Legal DescriptionTHE LOFTS @ THE TEXAS BLDG CONDOS (2005) ABST 628 UNIT 3D & 5.295% INT IN COMMON AREA
Census Tract724500
Assessed Land Value$5,300
Assessed Improvement Value$288,690
Assessment Year2025

About this property

DOWNTOWN LOFT LIVING WITH A VIEW! Rarely available corner residence in Galveston's historic Texas Building, perfectly positioned in the heart of the vibrant Postoffice Street Arts District. This stylish 1-bedroom/1-bath loft delivers true urban character with soaring ceilings, exposed brick, beams and ductwork, wood floors and fabulous views overlooking 22nd & Postoffice. The spacious kitchen features granite countertops, stainless appliances, custom cabinetry and plenty of room to entertain. Retreat to a generous bedroom and beautifully appointed bath with walk-in tiled shower. Then head upstairs—the building's incredible rooftop terrace offers sweeping 360° views of Downtown, Galveston Bay and the Gulf! Walk out your door to restaurants, coffee, galleries, nightlife, The Strand and Downtown events, with UTMB just minutes away. Controlled-access building with no vacation rentals makes this an ideal primary residence or Galveston getaway. Historic bones. Urban vibe. Island lifestyle.

Investor Tools

$179,240Estimated Mortgage Balance
$153,760Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

Interested in this property?

Susanna Mayberry

RE/MAX Leading Edge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$796/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,925
$293,990
2025
$5,300
$288,690
$293,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,925
$293,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Arm (Adjustable Rate Mortgage)
$197,737
No
First
Apr 13, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,240
$153,760
46%
54%
$861/mo

City: Galveston

415 22nd Street #3D | Property Details | No Agent List