Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$652,000

NAL Estimated Property Value

525 22nd St Apt 7, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,930 Sq Ft
price_per_sqft$186.01 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringWood

Exterior

Lot Size1,930 sqft

Building Information

Year Built2003
Stories1
Roof Type121

Land Information

APN3517-0000-0007-000
SubdivisionGalveston Telephone Bldg Condo (2004)
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR UNIT 7 GALVESTON TELEPHONE BLDG CONDO (2004) & 11.59 % COMMON ELEMENTS
Census Tract724500
Assessed Land Value$5,870
Assessed Improvement Value$541,780
Assessment Year2025

About this property

A loft tour favorite! This spectacular 2 floor corner lot loft has large 2 story arched windows on two sides of the unit on the 3rd floor making it light and bright. Features include cypress hardwoods downstairs, an island kitchen exposed brick & beams light & bright w/ 14 ft arched windows, incredible storage & even an attic. Great entertaining flexible space includes the living dining kitchen and 1 bedroom and a 1/2 bath downstairs. The unit comes with 2 assigned parking spaces! Upstairs is a master suite with sitting room and spa like bathroom with laundry room. Lovely expansive shower All the characteristics a historic building has to offer with modern conveniences including an elevator and secure parking. Who doesn't want to live in downtown Galveston? The Galveston Telephone Building was built in 1896 and is listed on the National Register of Historic Places. The building was converted to lofts in 1997!

Investor Tools

Property Icon
$652,000
Estimated Property Value
$444,970Estimated Mortgage Balance
$207,030Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,912 /month
Positive
Cash Flow Estimate:
$1,304 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$768/month
$666/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,953
$412,752
2025
$5,870
$541,780
$547,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,953
$412,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$472,500
No
First
Mar 10, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,970
$196,030
30%
68%
$2,833/mo

City: Galveston

525 22nd St Apt 7 | Property Details | No Agent List