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$425,000

NAL Estimated Property Value

7700 Seawall Boulevard 901, Galveston, TX, 77551

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,331 Sq Ft
price_per_sqft$304.28 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Oven, Washer/Dryer
FlooringTile

Exterior

Lot Size1,333 sqft

Building Information

Year Built1985
Stories1

Land Information

APN1940-0000-0901-000
Lot Number152
SubdivisionBreakers Condo
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR PT OF LOT 152 TRIMBLE & LINDSEY SEC 1 UNIT 901 .00812% INT OF 2.703 ACRS & AMENITIES THE BREAKERS C
Census Tract725600
Assessed Land Value$6,200
Assessed Improvement Value$418,800
Assessment Year2025

About this property

GORGEOUS sought after 3/2 condo at the Breakers! Breath-taking views from the 9 th floor! Very spacious unit offering panoramic gulf views from living/dining/kitchen/bedroom. Very large balcony offers access from bedroom and living room. This east end view has got to be the very best. The Breakers has elevators to all floors, assigned covered parking, limited gated access in and out of property, updated resort style pool and hot tub, tennis, community room & on sight management. Owner must carry additional liability insurance of $300k as per Bylaws and pay 3 mo HOA upon closing. The breakers does not allow vacation rentals.

Investor Tools

Property Icon
$425,000
Estimated Property Value
$260,171Estimated Mortgage Balance
$164,829Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
$670/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,355
$425,000
2025
$6,200
$418,800
$425,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,355
$425,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wright Patman Congressional Fcu
Arm (Adjustable Rate Mortgage)
$304,000
No
First
Sep 3, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,171
$164,829
38%
61%
$1,344/mo

City: Galveston