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$205,000

7312 Seawall Boulevard 224, Galveston, TX, 77551

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths665 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$213.53 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 9Bathrooms Full 9
AppliancesDryer, Washer, Refrigerator, Dishwasher, Microwave, Electric Oven, Washer/Dryer Stacked, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size666 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN5585-0002-0224-000
SubdivisionPalms Condo
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR UNIT 224 1.737% INT OF 1.268 ACRS & AMENITIES THE PALMS
Census Tract725600
Assessed Land Value$12,520
Assessed Improvement Value$187,480
Assessment Year2025

About this property

Welcome to 7312 Seawall Blvd., No. 224, an affordable Gulf view condominium at The Palms that could easily serve as your permanent home or as a base for your Galveston weekend fun. With its recently painted walls and being sold with all of the appliances, just move in some furniture and you are ready to go. Enjoy the outdoors on the private balcony with a great Gulf view or down at the lovely pool and spa area. And The Palms is across from the beach! This condo comes with a storage unit as well as an assigned parking spot in the interior of the garage. Inside are tile floors, except in the bedroom which has wood flooring, and granite kitchen counters. This condo comes complete with rolling storm shutters. With such easy access to the beach, Moody Gardens, Schlitterbahn, the fishing piers, and historic downtown Galveston, this condo puts you close to the action. The best thing is that vacation rentals are not allowed in this complex, so you will know your neighbors.

Investor Tools

Property Icon
$205,000
Estimated Property Value
$0Estimated Mortgage Balance
$92,176Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
$311/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,894
$200,000
2025
$12,520
$187,480
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,894
$200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$126,225
No
First
Nov 9, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,824
$92,176
44%
55%
$757/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 224 | Property Details | No Agent List