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$342,000

NAL Estimated Property Value

7312 Seawall Boulevard 217, Galveston, TX, 77551

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,011 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$272.01 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 9Bathrooms Full 9
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,011 sqft

Building Information

Year Built1983
Stories1

Land Information

APN5585-0002-0217-000
SubdivisionPalms Condo
Land UseResidential
Legal DescriptionABST 121 PAGE 84 UNIT 217 2.642% INT OF 1.268 ACRS & AMENITIES THE PALMS
Census Tract725600
Assessed Land Value$18,960
Assessed Improvement Value$313,450
Assessment Year2025

About this property

This Beach Front condo has great views of the Gulf and ample space with 2 bedrooms and 2 baths, each with large closets. Relax on the balcony area overlooking Babe's Beach to capture those Gulf breezes. Large kitchen boasts granite counter tops for lots of space for your cooking/baking needs. Parking is underneath the building under covered lots. The Palms is close to West End attractions including Putt Putt Golf, Moody Gardens, Schlitterbahn, and of course, the beach! NO SHORT TERM RENTALS ALLOWED.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$59,262Estimated Mortgage Balance
$282,738Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
$710/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,032
$332,410
2025
$18,960
$313,450
$332,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,032
$332,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Unknown
$124,000
No
First
Aug 25, 2006
Sep 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,262
$282,738
82%
17%
$744/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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7312 Seawall Boulevard 217 | Property Details | No Agent List