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Owner Contacts

$1,604,000

NAL Estimated Property Value

426 81st St, Galveston, TX, 77554

Off Market

7 Beds

5 Bath

4,662 Sq Ft

Single Family Residence

$347.49 / sqft

Built in 2024

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 7

Bathrooms Full 5

Garage Available

Heating Central

Cooling

AppliancesDisposal, Ice Maker, Wine Refrigerator, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven, Refrigerator

FlooringWood

Exterior

Exterior FeaturesBalcony

Lot Size23,174 sqft

Building Information

Year Built2022

Stories2

Roof Type105

Garage Spaces12

Land Information

APN4156-0000-0007-000

Lot Number7

SubdivisionIsle Bayside Sub (98)

Land UseReal, Residential, Single-Family

Legal DescriptionABST 121 HALL & JONES SUR LOT 7 ISLE BAYSIDE SUB

Census Tract724000

Assessed Land Value$201,110

Assessed Improvement Value$836,510

Assessment Year2025

About this property

New custom waterfront masterpiece with sweeping Galveston Bay views. Elevated 8.6 ft above BFE on concrete pilings. Grand foyer flows into dramatic open living, dining & gourmet kitchen with floor-to-ceiling windows, beamed wood ceilings & designer lighting. Chef’s kitchen: Neolith porcelain counters, 8-burner gas range, coffee station, ice maker, wine fridge, soft-close custom cabinetry w/power outlets, large island & gold hardware. Generous living area w/striking gas-log fireplace & direct balcony access to bay views. 7 remarkable bedrooms (most w/private balconies & water views) & 5 luxurious baths w/decorative tile. 1st-floor primary suite w/gold-accented spa bath, dual vanities, makeup station, oversized shower, soaking tub & huge walk-in closet w/built-ins. 2nd floor: junior primary, bunk room & additional bedrooms. Wide-plank wood floors throughout, beverage center w/wine fridge, W/D hookups both levels. Concrete bulkhead. Immediate occupancy

Investor Tools

$1,604,000

Estimated Property Value

$1,371,673Estimated Mortgage Balance

$232,327Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,720 /month

Positive

Cash Flow Estimate:

$3,240 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,930/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,140

$1,037,620

2025

$201,110

$836,510

$1,037,620

Tax History

Year

Tax Paid

Assessed Value

2024

$15,140

$1,037,620

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Zeus Mortgage Ltd

Stand Alone Second / Subordinate Position

$1,375,000

First

Nov 9, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,371,673

$232,327

14%

86%

$8,607/mo

Learn About the Market: Opportunity in Texas

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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.

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