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$322,000

NAL Estimated Property Value

415 E Beach Dr Apt 114, Galveston, TX, 77550

Off MarketInfo
Baths1 Bath
Baths394 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$520.3 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Refrigerator, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size392 sqft

Building Information

Year Built1980
Stories1

Land Information

APN4160-0000-0118-000
SubdivisionIslander East Condo
Land UseResidential
Legal DescriptionISLANDER EAST CONDO MODULE #118 INT 0.50385% COMMON ELEMENTS
Census Tract724101
Assessed Land Value$5,130
Assessed Improvement Value$179,870
Assessment Year2025

About this property

Looking for a newly renovated studio, gated and secure, heated pool year round w/waterfall, this is the perfect place to escape. Short term rentals are allowed with 24/7 on-site management. Conveys fully furnished with all linens, appliances, electronics, flatware, etc...everything you need to start enjoying your time in the sun. Located minutes from Downtown Galveston, this is the perfect spot to escape and listen to the waves coming in! New gym, pickle ball, basketball courts, bocce ball, corn hole and horseshoe. Laundry, vending room, grills, night security and friendly community atmosphere. Easy access to the beach via private walkover directly in front of the building. Low HOA Fee! W/D Connections can be installed near kitchen, call for a private tour!

Investor Tools

Property Icon
$322,000
Estimated Property Value
$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
$363/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,196
$185,000
2025
$5,130
$179,870
$185,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,196
$185,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$308,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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415 E Beach Dr Apt 114 | Property Details | No Agent List