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$398,500

7301 Palmira Way, Galveston, TX, 77551

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.77 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size3,550 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4878-0000-0008-000
Lot Number8
SubdivisionMagnolia Court Sub (2007) Abst 121
Land UseResidential
Legal DescriptionMAGNOLIA COURT SUB (2007) ABST 121, LOT 8, ACRES 0.082
Census Tract725800
Assessed Land Value$16,390
Assessed Improvement Value$382,110
Assessment Year2025

About this property

Discover the charm of this stunning 2017-built home, situated on a spacious corner lot. Elevated high and dry, this property offers peace of mind with no flooding history. 4 generous bedrooms and 2.5 bathrooms, this home has everything your family needs and more. Step into the expansive kitchen, where granite countertops and stainless steel appliances welcome the home cook. The breakfast bar is the spot for morning coffee or homework sessions. In-house laundry, with a washer and dryer included for your convenience. The fully fenced backyard is for your furry friends, with pets considered (case-by-case) Parking with off-street space is available in the double-wide garage. Close to shopping, Moody Gardens, Schlitterbahn, and just minutes from the beautiful beach. Spacious closets throughout, including an ensuite primary bedroom. This home comes fully furnished and is move-in ready! Don’t miss out—apply today and make this amazing property yours!

Investor Tools

Property Icon
$398,500
Estimated Property Value
$256,000Estimated Mortgage Balance
$161,665Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,391 /month
Positive
Cash Flow Estimate:
$797 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,937
$398,500
2025
$16,390
$382,110
$398,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,937
$398,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$256,000
No
First
May 16, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,835
$161,665
40%
59%
$1,535/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.

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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7301 Palmira Way | Property Details | No Agent List