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$1,000,000

Beds
3
Baths
2.0
sq ft
1,653

24043 Termini San Luis Pass Rd, Galveston, TX 77554

24043 Termini San Luis Pass Rd

Galveston, TX 77554

  • 89 days on market
The salty breeze awakens your senses & gently beckons you to join her on the sandy beach where the sound of the surf is like a calming symphony & the call of the seabirds reminds you of how you have longed for a life by the sea.The frothy waves tickle your feet as the stress melts away & you smile because finally this Day came & this Beachfront Coastal Cottage will be yours.The wide stretch of beachfront property separated by the protective dunes w/the convenient connecting walkover is the perfect coastal canvas of your dreams. The oversized balconies provide the perfect entertaining,relaxing or peaceful meditation spots to gaze at picturesque views of the most exquisite sunrises & sunsets. Many homes in the area garnered over $150,000 plus a year for short term vacation rentals.This is an amazing opportunity to own a piece of paradise & have it pay for itself! The furniture that is currently in the house is included w/the exception of the 2 blue couches in the living room.

Details

Property type

Single Family Residence

Est. home value

$1,025,003

Lot size

0.52 acres

Price per sq ft

$605

Year built

1997

Annual property taxes

$13,812

Price History

04/04/2024
Houston

Houston #95605746

Listed
$1,000,000
12/21/2023
Houston

Houston #8905663

Removed
10/22/2023
Houston

Houston #8905663

Listed
$1,025,000

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

$662,354
Asking price
$1,000,000
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$257,646
Cash to seller
$662,354

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

Seller’s Loan History

Lender

Whitney National Bank

Loan start date

October 2007

Original loan amount

$385,000

Est. remaining balance

$257,646

Interest rate

6.31%

Loan type

Not Provided, 30 year

Seller

Michael Shannon Watson and Erika Watson

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?

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Status: Active

Tomo last checked: 07/02/2024 at 6:10 PM

Listing updated: 04/29/2024 at 7:25 PM

Listed by: Annie Farmer, Keller Williams Platinum Phone #: (281) 856-0808

MLS: Houston #95605746

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