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$146,000

NAL Estimated Property Value

921 Marine Dr Apt 228, Galveston, TX, 77550

Off MarketInfo
Beds1 Beds
Baths9 Bath
Baths561 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$167.02 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 9Bathrooms Full 9
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Trash Compactor, Washer/Dryer Stacked, Washer/Dryer
FlooringCarpet, Laminate

Exterior

Lot Size562 sqft

Building Information

Year Built1980
Stories1

Land Information

APN4955-0000-0228-000
SubdivisionMarina Pointe Condo
Land UseResidential
Legal DescriptionABST 628 M B MENARD UNIT 228 MARINA POINTE CONDO .5840 % COMMON INTEREST
Census Tract724200
Assessed Land Value$2,290
Assessed Improvement Value$129,720
Assessment Year2025

About this property

Rarely can you find such a practical one bedroom unit in a condo project with the amenities of Marina Pointe. 2nd floor unit, accessed by elevators, faces west, not over a pool area. Living, dining(with built-ins) and bedroom are carpeted. Kitchen and bathroom have laminated floors. Stacked washer & dryer in unit. Separate storage closet on ground floor. Security gates for any drive-through traffic. Common pool area with ample patio space.

Investor Tools

Property Icon
$146,000
Estimated Property Value
$70,696Estimated Mortgage Balance
$75,304Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$876 /month
Positive
Cash Flow Estimate:
$292 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,260
$132,010
2025
$2,290
$129,720
$132,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,260
$132,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$79,900
No
First
Jun 25, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,696
$79,304
52%
48%
$480/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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921 Marine Dr Apt 228 | Property Details | No Agent List