Homes for Sale/Galveston County/Galveston/Panama Historic Condos 2006
Active MLS #86393645 · 42 days on market

202 25th Street

Galveston, TX 77550
Subdivision  ·  Panama Historic Condos 2006
List Price
$319,000
$433/SF
Beds
1
Baths
1
Sq Ft
736
Built
1912
Lot
736 sf
County
Galveston
Tax Rate
1.41%

Schools

§ 03
District
Elementary GISD OPEN ENROLL N/R
Middle GISD OPEN ENROLL N/R
High BALL H S CCMR 75% · Grad 96% C
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

Experience coastal living in the historic Panama Condos at 25th & The Strand. Built in 1912, this loft seamlessly blends historic charm with modern updates, featuring original exposed brick, high ceilings, and warm wood flooring throughout.

Enjoy an oversized private balcony overlooking 25th Street with front-row seats to Mardi Gras parades and views of nearby cruise ships and walkable to all downtown living has to offer. The open-concept living space includes a spacious bedroom, updated bathroom with a walk-in shower, and ample closet space.

Resort-style building amenities include secure gated parking, a swimming pool, hot tub, fitness center, lobby, personal wine locker, and extra storage. Located steps from top restaurants, local shops, nightlife, art galleries, and the Galveston Cruise Port.

Features

§ 02

Interior

  • Brick Walls
  • En Suite Bathroom
  • Granite Counters
  • High Ceilings
  • Ceiling Fans
  • Dryer
  • Washer Dryer Stacked
  • Dishwasher
  • Electric Cooktop
  • Electric Oven
  • Disposal
  • Microwave
  • Washer
  • Tile
  • Heat: Central
  • Heat: Electric
  • Cool: Central Air
  • Cool: Electric

Exterior & lot

  • Balcony
  • Deck
  • Patio
  • Storage
  • Roof: Composition
  • Foundation: Block
  • Foundation: Pillar Post Pier
  • Controlled Entrance
  • Electric Gate
  • None
  • Unassigned

Community

  • Fitness Center
  • Meeting Banquet Party Room
  • Party Room
  • Trash
  • Gated
  • Controlled Access
  • West
  • Style: Traditional

Property Details

§ 03 · Full MLS record

Property

Property Type Residential
Property Sub Type Condominium
Sub Type Additional Condominium
Architectural Style Traditional
Year Built 1912
Year Built Source Owner
New Construction No

Building

Stories 1
Levels One
Living Area 736 sq ft
Living Area Source Appraiser
Building Area Total 736 sq ft
Foundation Block, Pillar Post Pier
Construction Brick, Stucco, Unknown, Wood Siding
Roof Composition

Rooms & Baths

Bedrooms 1
Bedrooms Possible 1
Bathrooms (total) 1
Bathrooms Full 1
Bathrooms Half 0
Rooms Total 2

Interior

Interior Features Brick Walls, En Suite Bathroom, Granite Counters, High Ceilings, Ceiling Fans
Flooring Tile
Appliances Dryer, Washer Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Washer
Laundry Electric Dryer Hookup, Stacked
Security Controlled Access

Exterior

Exterior Features Balcony, Deck, Patio, Storage
Patio / Porch Balcony, Deck, Patio
Pool Private No
View Type West

Parking & Garage

Parking Features Controlled Entrance, Electric Gate, None, Unassigned

Lot

Lot Size (sq ft) 736
Lot Size Source Appraiser

Location

County Galveston
MLS Area Major 33
MLS Area Minor Downtown - Galveston/The Strand
Subdivision Panama Historic Condos 2006
Road Surface Concrete
Postal Code 77550

Utilities

Heating Central, Electric
Cooling Central Air, Electric
Water Source Public
Sewer Public Sewer

HOA / Association

HOA Fee $725
HOA Fee Frequency Monthly
HOA Name Panama Condos
Fee Includes Common Areas, Cable Tv, Maintenance Structure, Recreation Facilities, Sewer, Trash, Water
Amenities Fitness Center, Meeting Banquet Party Room, Party Room, Trash, Gated

Taxes, Terms & Disclosures

Tax Annual Amount $4,512
Tax Year 2025
Tax Rate (est.) 1.41%
Parcel # 5584-0000-0202-000
Legal Description PANAMA HISTORIC CONDOS (2006) ABST 628 UNIT 202 & 5.263% INT
Listing Terms Cash, Conventional
Lease Considered No

Room Layout

§ 04 · 2 rooms · MLS-supplied

Main level · 2

Primary Bedroom 13 x 8
Living Room 16 x 12

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$2,291
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$1,915 Property tax$376 Homeowners insuranceTBD
Subtotal (P&I + Tax) $2,291
Yearly HOA fee $8,700

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
1.7190%
ALL 6 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
→ stable
School
0.84%
→ stable
City
→ stable
County
0.32%
→ stable
Other districts
0.55%
→ stable

HOA & Community

§ 05
● HOA details
$725
MONTHLY
Association namePanama Condos Management co. Website Phone Cert on filepending
Fee includes
CommonAreas · CableTv · MaintenanceStructure · RecreationFacilities · Sewer · Trash · Water
● Community amenities
gym
Island Salt Air Yoga Studio · 0.0mi
The Yoga Haven · 0.1mi
Kingdom Fitness · 0.2mi
restaurant
Shark Shack Beach Bar & Grill · 0.1mi
Yaga's Cafe · 0.1mi
Vintage Crown Michelada Bar · 0.1mi
bank
Prosperity Bank - Galveston · 0.1mi
Moody Bank · 0.2mi
Frost Bank · 0.2mi
park
Saengerfest Park · 0.1mi
· 0.2mi
Gus Allen Sr. Park · 0.3mi
daycare
Koala Kare Daycare & Preschool · 0.3mi
Amy Lane · 0.3mi
Trinity Episcopal School · 0.4mi
police_station
US Marshals Services · 0.3mi
Port of Galveston Police Department · 0.3mi
Galveston County Sheriff's Office · 0.4mi

Broadband & Connectivity

§ 06
Broadband not mappedWe have not yet resolved FCC provider data for this block.

Environmental Risk

§ 08
A
FEMA Zone
Zone AE · Special Flood Hazard Area
1% annual chance of flooding (100-year floodplain). Flood insurance typically required.
PANEL 48167C BASE FLOOD ELEV. 12.0 FT SFHA YES SOURCE 48167C_STUDY1
🌡 Heat days >95°F
6 days/yr above 95°F
Plus 0 days above 100°F. NOAA station records, 2016-2025 average.
💨 30-day air quality
AQI 44 · Good
Average daily AQI for the 30 days ending 2026-02-28. EPA AQS county monitors. Higher = worse.
🌵 Drought (current)
D1 · Moderate
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
1 comparable sale nearbyAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Panama Historic Condos 2006
TIER: SUBDIVISION
Subdivision name (MLS)Panama Historic Condos 2006 City · ZIPGalveston · 77550 CountyGalveston Listings in subdivision30 Active now1 Sold (last 12 mo)2 Curated amenities60
● Year-built distribution
No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11
Nearest station
Galveston Fire Department Station 1
· Galveston
Distance
0.4 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48167724500 · ACS 2023
Median HH income
$52,292
ACS 2023
Median home value
$313,000
Census self-report
Owner-occupied
12%
813 housing units
Bachelor's+
52%
Adults 25+
Median age
37.3
Population 1,033
Work from home
8%
of commuters
Commute 45min+
9%
of commuters
Below poverty
14.8%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
202 25th Street, Galveston, TX 77550
Galveston County · 29.31°N, 94.80°W
gym
Island Salt Air Yoga Studio
0.0 mi · 4 within 2 mi
restaurant
Shark Shack Beach Bar & Grill
0.1 mi · 5 within 2 mi
bank
Prosperity Bank - Galveston
0.1 mi · 3 within 2 mi
park
Saengerfest Park
0.1 mi · 4 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Aug 13, 2026 Listed $319,000 Lisa Carnes
Dec 31, 1911 Built
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Lisa Carnes · Carnes Realty Group LLC
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Sep 17, 2026.
MLS# 86393645 · LIST DATE: Aug 13, 2026 · PARCEL: 5584-0000-0202-000
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 24, 2026, 4:59 AM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity