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$146,000

NAL Estimated Property Value

921 Marine Dr Apt 228, Galveston, TX, 77550

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths561 Sq Ft
price_per_sqft$167.02 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListDeal 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

City: Galveston

921 Marine Dr Apt 228 | Property Details | No Agent List