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$1,885,000

NAL Estimated Property Value

500 Seawall Boulevard 1406, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,804 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$417.26 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3

Exterior

Lot Size2,805 sqft

Building Information

Year Built2006
Stories1

Land Information

APN3204-0000-1406-000
SubdivisionEmerald By The Sea Condominiums (2007) A
Land UseResidential
Legal DescriptionEMERALD BY THE SEA CONDOMINIUMS (2007) ABST 628, UNIT 1406, 1.913% COMMON AREA INTEREST
Census Tract724101
Assessed Land Value$4,260
Assessed Improvement Value$1,036,372
Assessment Year2025

About this property

This elegant and sophisticated three bedroom penthouse combines clean modern aesthetics with endless breathtaking views of the beach, bay and city. The open concept living/dining/kitchen boasts 30 ft. high ceilings, walls of glass with blinds, tinted windows and two balconies overlooking the gulf. This home has a newly professionally designed kitchen and bath with custom cabinets, countertops, upgraded appliances and new 32’x48’ slab flooring throughout. The massive 29’x18’ master suit includes a huge private balcony overlooking the bay with his and hers closets and a master bath with walk-in shower, jacuzzi tub, two separate vanities and separate toilets. Additional features: HEATED POOL heated at 86 year round PRIVATE 2 car garage Induction cook top Convection oven Cabinet paneled dishwasher Cabinet paneled refrigerator Drawer microwave Two AC units-One newly replaced unit

Investor Tools

Property Icon
$1,885,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,885,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,310 /month
Positive
Cash Flow Estimate:
$3,770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,903/month
$2,375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,416
$1,040,632
2025
$4,260
$1,036,372
$1,040,632
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,416
$1,040,632

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,885,000
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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500 Seawall Boulevard 1406 | Property Details | No Agent List