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$350,000

Beds
2
Baths
2.0
sq ft
1,095

26570 Bay Water Dr Unit 302, Galveston, TX 77554

26570 Bay Water Dr Unit 302

Galveston, TX 77554

  • 24 days on market
TOP FLOOR WATERFRONT CONDO IN FANTASTIC LOCATION OVERLOOKING THE BAY AND WETLANDS. GORGEOUS SUNSETS YEAR-ROUND FROM THE BALCONY. HIGHLY DESIRABLE LOCATION FOR WADE FISHING, KAYAKING, BIRD WATCHING - NO OTHER BUILDING AT POINTE WEST COMPARES TO THIS ONE. Perfect for Primary Residence, Vacation Rental or 2nd Home. Conveniently located half-way between Pointe West Beach Club and Lazy River Pools, everything's just a short walk or golf cart ride away. You will love the resort like community and beautiful clean non-drive on beach. HOA fees cover insurance for building, water, basic cable, trash, landscaping, elevator & exterior maintenance & repair, on-site security, private club w 2 swimming pools/hot tubs, resturaunt, bar, fitness center, game room, basket ball court, pickleball court, owner's lounge, gift shop, etc. Recently updated w new LVP inside and trex-like decking on the balcony. Seller has additional updates planned, price negotiable depending upon updates.

Details

Property type

Condominium

Est. home value

$392,305

Lot size

Unknown

Price per sq ft

$320

Year built

2007

Monthly HOA fee

$944

Price History

10/30/2024
Houston

Houston #27870944

Listed
$350,000
10/19/2020
Houston

Houston #71194757

Removed

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

$156,088
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$165,912
Cash to seller
$156,088

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

Seller’s Loan History

Lender

Network Funding Lp

Loan start date

October 2020

Original loan amount

$217,550

Est. remaining balance

$165,912

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Jeffrey Lee Elder

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: 11/23/2024 at 11:50 PM

Listing updated: 10/31/2024 at 4:09 AM

Listed by: Lisa Arthur, Arthur Realty Services Phone #: (281) 584-0318

MLS: Houston #27870944

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