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$532,000

NAL Estimated Property Value

415 E Beach Drive 409, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths831 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$216.61 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Microwave, Electric Cooktop, Electric Range, Electric Oven, Oven
FlooringCarpet, Tile

Exterior

Lot Size832 sqft

Building Information

Year Built1980
Stories1

Land Information

APN4160-0000-0410-000
SubdivisionIslander East Condo
Land UseResidential
Legal DescriptionISLANDER EAST CONDO MODULE #410 & 411 INT 1.2886% COMMON ELEMENTS
Census Tract724101
Assessed Land Value$10,810
Assessed Improvement Value$328,190
Assessment Year2025

About this property

Priced Reduced! Are you ready to own your own little piece of paradise? This beachfront condo gives you a span of Gulf views from inside the unit. Enjoy the sunrise from bed! Don't miss the opportunity to enjoy the sound of the waves from your balcony and the sand can be between your toes in just seconds. Located near the elevator! This unit conveys furnished and has a custom made kitchen. Complex is pet friendly, has BBQ pits, tennis court, shuffle board & a pool. Owner only parking.

Investor Tools

Property Icon
$532,000
Estimated Property Value
$147,548Estimated Mortgage Balance
$384,452Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,192 /month
Positive
Cash Flow Estimate:
$1,064 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
$704/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,106
$339,000
2025
$10,810
$328,190
$339,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,106
$339,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$157,500
No
First
Dec 20, 2022
Jan 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,548
$384,452
72%
28%
$945/mo

City: Galveston