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$1,240,000

NAL Estimated Property Value

500 Seawall Boulevard 608, Galveston, TX, 77550

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths810 Sq Ft
price_per_sqft$561.73 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher

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

Luxury Beachfront Condo at The Emerald Turnkey Investment or Coastal Retreat! Fully furnished and beautifully updated 6th-floor unit with 270° Gulf and island views. Located in Galveston’s premier high-rise, this condo offers no short-term rental restrictions ideal for Airbnb or a second home. Enjoy resort-style amenities: heated pool, fitness center, yoga studio, theater, game room, and onsite management. Just minutes from Pleasure Pier, The Strand, and top attractions. Income producing and rental ready a rare opportunity for investors or buyers seeking effortless beachfront

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
$791/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

City: Galveston

500 Seawall Boulevard 608 | Property Details | No Agent List