| Elementary | GISD OPEN ENROLL | N/R |
| Middle | GISD OPEN ENROLL | N/R |
| High | BALL H S CCMR 75% · Grad 96% | C |
Investor opportunity in the desirable West End of Galveston! This portfolio includes 7 income-producing condos at The Palms, just a short walk from the beach—an ideal location for both long-term and future rental potential. The offering consists of three 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one efficiency, providing a strong mix to appeal to a wide tenant base.
The Palms community offers attractive amenities including a community pool and fitness center, enhancing tenant retention and demand. Currently, the portfolio features two month-to-month leases and five one-year leases, allowing for immediate cash flow with tenants who wish to remain long-term, while still offering flexibility for future plans. Whether you’re expanding your investment holdings or seeking a value-add opportunity near the beach, this portfolio delivers location, stability, and upside in one smart package.
| Property Type | Residential Income |
| Property Sub Type | Multi Family |
| Year Built | 1983 |
| Year Built Source | PublicRecords |
| New Construction | No |
| Stories | 1 |
| Levels | One |
| Living Area | 5,175 sq ft |
| Living Area Source | Appraiser |
| Building Area Total | 5,175 sq ft |
| Construction | Cement Siding |
| Roof | Composition |
| Bedrooms | 2 |
| Bathrooms (total) | 1 |
| Bathrooms Full | 1 |
| Lot Size (sq ft) | 732 |
| Lot Size Source | Appraiser |
| County | Galveston |
| MLS Area Major | 33 |
| MLS Area Minor | Near West End |
| Subdivision | Palms At Cove View Condo |
| Postal Code | 77554 |
| Heating | Heat Pump |
| Cooling | Central Air, Electric |
| HOA Fee | $3,050 |
| HOA Fee Frequency | Monthly |
| HOA Name | The Palms HOA |
| Fee Includes | Common Areas, Cable Tv, Insurance, Maintenance Structure, Recreation Facilities, Sewer, Trash, Water |
| Parcel # | 5577-0000-0000-000 |
| Legal Description | PALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, 0 |
| Listing Terms | Cash, Conventional, FHA, Investor Financing, Owner May Carry |
| Disclosures | Seller Disclosure |
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 noticeThe §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.
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.
Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify.
HARMLS last updated Sep 23, 2026, 11:00 PM CDT. Properties may subsequently be sold or off-market.
