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$1,390,000

NAL Estimated Property Value

802 Shiraz Passage, Galveston, TX, 77550

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,460 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2019

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Gas Range, Gas Oven, Oven
FlooringWood

Exterior

Lot Size1,899 sqft

Building Information

Year Built2018
Stories2
Roof Type112
Garage Spaces6

Land Information

APN1642-0003-0011-000
Lot Number11
SubdivisionBeachtown Galveston Village 1 Sec 1 Repl
Land UseResidential
Legal DescriptionBEACHTOWN GALVESTON VILLAGE 1 SEC 1 REPLAT (2005), ABST 628, BLOCK 3, LOT 11, ACRES 0.044
Census Tract724101
Assessed Land Value$45,600
Assessed Improvement Value$1,027,400
Assessment Year2025

About this property

Beautiful 4 bedroom, 4-1/2 bathroom new home centrally located along Beachtown’s tree-lined passageways, between the beach and community pool. Home features high ceilings, wide-plank wood flooring, large island kitchen, and oversized porch with Azek decking. Only a few steps away from the communities town center, enjoy this homes perfect location. Home is built to Fortified (150 MPH) construction standards by the predominant builder in the community and features the latest in energy efficient construction methods. Elevator ready. Great views of the beach and promenade! June 2019 completion. Home is under construction and builder requires several hours notice for showings.

Investor Tools

Property Icon
$1,390,000
Estimated Property Value
$594,459Estimated Mortgage Balance
$795,541Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,340 /month
Positive
Cash Flow Estimate:
$2,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,084/month
$2,852/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,063
$1,073,000
2025
$45,600
$1,027,400
$1,073,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,063
$1,073,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Arm (Adjustable Rate Mortgage)
$693,750
No
First
Jul 12, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,459
$795,541
57%
43%
$3,162/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.

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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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802 Shiraz Passage | Property Details | No Agent List