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$1,495,000

26702 Bay Water Drive, Galveston, TX, 77554

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths2,918 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$512.34 / sqft

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Exterior FeaturesBack Green Space, Balcony, Sprinkler System
Lot Size9,988 sqft

Building Information

Garage Spaces2

Land Information

APN5912-2003-0030-000
Lot Number30
SubdivisionPointe West Sec 4-B (2006) Abst 121
Land UseVacant Land
Legal DescriptionPOINTE WEST SEC 4-B (2006), ABST 121, BLOCK 3, LOT 30, ACRES 0.229
Census Tract726102
Assessed Land Value$320,080
Assessment Year2025

About this property

MOVE IN SUMMER OF 2027! BAYFRONT NEW CONSTRUCTION in Pointe West with coveted pier capability and breathtaking sunset views over Galveston’s West Bay. This luxury coastal home, to be built by Alair Galveston, blends elevated design, quality craftsmanship, and modern functionality. The thoughtfully designed floor plan offers 4 bedrooms and 4.5 baths, including two spacious primary suites, two bunkroom-style suites, and a large flex space ideal for a game room, media room, or additional living area. Enjoy outdoor living with four expansive balconies capturing water views and coastal breezes. The open-concept interior is perfect for entertaining, featuring a 9-foot kitchen island, brushed golden brass hardware, LG stainless steel appliances, walk-in pantry, and a generous wet bar. White oak LVP flooring and shiplap accents provide warmth and timeless coastal style. Ideal as a primary residence, vacation home, or short-term rental investment in a premier resort community.

Investor Tools

$2,056,732Estimated Mortgage Balance
$76,128Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

Interested in this property?

Susan Lutz

United Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
$990/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,083
$76,128
2025
$320,080
N/A
$320,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,083
$76,128

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc
Unknown
$1,035,878
No
First
May 21, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,056,732
N/A
0%
2702%
$12,422/mo

City: Galveston

26702 Bay Water Drive | Property Details | No Agent List