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$1,778,000

NAL Estimated Property Value

500 Seawall Blvd Unit 1405, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,804 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$392.3 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size2,805 sqft

Building Information

Year Built2006
Stories1

Land Information

APN3204-0000-1405-000
SubdivisionEmerald By The Sea Condominiums (2007) A
Land UseResidential
Legal DescriptionEMERALD BY THE SEA CONDOMINIUMS (2007) ABST 628, UNIT 1405, 1.913% COMMON AREA INTEREST
Census Tract724101
Assessed Land Value$4,260
Assessed Improvement Value$1,036,372
Assessment Year2025

About this property

This spectacular Emerald By The Sea Tiffany Penthouse boasts amazing views of Gulf Of Mexico, Galveston Bay, beaches, downtown and Seawall Boulevard from three terraces! An elegant entry and grand hallway introduce you to a guest powder bath, two guest suites with large Jack & Jill style bath, and utility areas. Then, an immense great room including, 26’ ceilings, walls of windows, dining area, second lounge area, and modern kitchen with beautiful granite, breakfast bar seating and S/S appliances. The expansive primary retreat includes lounge seating area, entertainment center, reading nook, wood floors, and private terrace. The extravagant main bath retreat includes two massive walk-in closets, oversized soaking tub, walk-in shower, abundant natural lighting, and his & her private water closets. Beautiful furnishings may be acquired.

Investor Tools

Property Icon
$1,778,000
Estimated Property Value
$496,840Estimated Mortgage Balance
$1,190,537Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,668 /month
Positive
Cash Flow Estimate:
$3,556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,855/month
$2,423/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,367
$1,040,632
2025
$4,260
$1,036,372
$1,040,632
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,367
$1,040,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Conventional
$548,250
No
First
Jun 8, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,840
$1,319,160
72%
28%
$3,288/mo

Learn About the Market: Opportunity in Texas

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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.

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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 Blvd Unit 1405 | Property Details | No Agent List