Property profile

20603 E Sunset Bay Dr Galveston, TX 77554

FOR SALE
Residential land & home lots
Property ID
US82-1775300
Individually Owned 7-yr Hold
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Property summary

AI-generated overview

Wow, what a location! East facing lot with views of the Gulf to the south & West Galveston Bay to the north. 120'+ water frontage, beautiful homes on either side of the lot and a concrete panel bulkhead in place. Come join one of Galvestons premier waterfront communities. Amenities include a boat ramp, swimming pool, club house, tennis/pickle ball court, wide concrete streets, close proximity to the beach and zoned in the AE Flood Zone. Phenomenal location to build your custom bay house. bikeScore: 26, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile

Verified
Property type Residential land & home lots
UPID US82-1775300

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20603 E Sunset Bay Dr Galveston, TX 77554
Galveston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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