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$1,250,000

Beds
2
Baths
2.5
sq ft
1,712

1020 Seawall Blvd, Galveston, TX 77550

1020 Seawall Blvd

Galveston, TX 77550

  • <1 day on market
HONEY, Stop the car! Let's talk about location ..1020 Seawall offers the rare opportunity to live, work, and own a newly renovated (2025), residential/commercial boutique property with a myriad of income producing potential located front row in the heart of Galveston islands great beaches, shopping, and tourist attractions of the Seawall. Street level retail complete with large patio ideal for potentially catering to tourists with cart/surrey rentals, retail gifts and snack bar kitchen. Upstairs this cute 2/2 can be owner occupied or with view from every window and two amazing beach front balcony's to be rented out for short or long term income. The area is flourishing with the new Hotel Lucine and upcoming Margaritaville Venue plus so much more! Live where you play because this 2/2 is all about location, location location-! Recent updates from top to bottom,Quartz Counters, Kitchen-Aid appliances, Flooring ,Roof,and many more .. Hurry , this amazing property will not last long !

Details

Property type

Single Family Residence

Lot size

1,965 sq ft

Price per sq ft

$731

Year built

1972

Annual property taxes

$3,027

Price History

02/04/2025
Houston

Houston #81584973

Listed
$1,250,000
01/26/2025
Houston

Houston #56177790

Removed
01/26/2025
Houston

Houston #56177790

Listed
$1,250,000

Schools & Community

Elementary school: 

GISD OPEN ENROLL

Middle school: 

GISD OPEN ENROLL

High school: 

BALL HIGH SCHOOL

School district: 

Galveston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,140,207
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$9,793
Cash to seller
$1,140,207

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Kevin Richard Perry Etux

Loan start date

September 2016

Original loan amount

$52,500

Est. remaining balance

$9,793

Interest rate

2.78%

Loan type

Not Provided, 10 year

Seller

Albert J Wallace Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/05/2025 at 8:40 AM

Listing updated: 02/05/2025 at 4:04 AM

Listed by: Jennifer Carpenter, Fiv Realty Co Texas LLC Phone #: (713) 876-1990

MLS: Houston #81584973

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