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$1,240,000

NAL Estimated Property Value

500 Seawall 603, Galveston, TX, 77550

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths813 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$399.75 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,620 sqft

Building Information

Year Built2006
Stories1
Roof Type172

Land Information

APN3204-0000-0814-000
SubdivisionEmerald By The Sea Condominiums (2007) A
Land UseResidential
Legal DescriptionEMERALD BY THE SEA CONDOMINIUMS (2007) ABST 628, UNIT 814, 0.975% COMMON AREA INTEREST
Census Tract724101
Assessed Land Value$2,440
Assessed Improvement Value$863,700
Assessment Year2025

About this property

Ready to lounge around by the pool. This beautifully exquisite furnished studio-style condo. The Emerald has numerous amenities. Game Room, Exercise Room, Movie Theater over sized Hot Tub and a year round Heated Pool. Enjoy this exquisitely furnish condo with a beach view has a great rental history. Because #603 is located on the 6th floor it can be rented as many times as you want. No limit on rental stays

Investor Tools

Property Icon
$1,240,000
Estimated Property Value
$47,293Estimated Mortgage Balance
$1,192,707Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,440 /month
Positive
Cash Flow Estimate:
$2,480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,769/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,030
$866,140
2025
$2,440
$863,700
$866,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,030
$866,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$288,000
No
First
Dec 27, 2012
Jan 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,293
$1,192,707
96%
4%
$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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500 Seawall 603 | Property Details | No Agent List