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26731 Bay Water Drive

26731 Bay Water Drive, Galveston, TX 77554
Sold Mar 03, 2021
$525,000
$420,000 by Network Funding Lp
Mortgage Due Mar 01, 2051
Sold Nov 14, 2019
$453,300
$362,600 by Athas Capital Group Inc
Mortgage Due Dec 01, 2049
Local assessors in Galveston, TX have categorized 26731 Bay Water Drive as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 6,606 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 26731 Bay Water Drive has a total of 2,934 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 938 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of metal. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 26731 Bay Water Drive sold most recently in Mar 1, 2021 for a total of $525,000. If you work out the math, that's approximately a cost of $135.59 per sqft. Before that, the property was also sold for $453,300 in Nov 7, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,933 in taxes each year. 26731 Bay Water Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $577,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 938
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 6,606
  • Total Building Area: 3,872
  • Gross Building Area: 4,062
  • Building Area: 2,934
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,934
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: B (2006) ABST 121
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POINTE WEST SEC 4-B (2006), ABST 121, BLOCK 1, LOT 41, ACRES 0.152

Ownership

  • Current Owner : MCCAIN MICHAEL EDWARD
  • Current Owner 2: MCCAIN TRCY LYNN
  • Previous Owner : TEAGUE MATTHEW G
  • Owner Before Previous Owner: TEAGUE MATTHEW G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Galveston Independent School District
  • School Tax School District: S10
  • Census Tract: 726102

Geography

  • Assessors Map Reference: 556-D
  • Subdivision Tract Number: 41
  • Parcel: 5912-2001-0041-000
  • Block: 1
  • Lot: 41
  • Municipality: GALVESTON CITY
  • Latitude: 29.0992
  • Longitude: -95.1075

    Address

  • Full Address: 26731 Bay Water Dr
  • Address - House Number: 26731
  • Address - Street Name: Bay Water
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Galveston
  • Carrier Code: R007
  • 4-Digit Zip Code: 1511
  • Zip Code: 77554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,933
  • Tax Rate Code Area: S10

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 70
  • Final Value: 788,194
  • High Value: 958,715
  • Low Value: 617,673

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: NETWORK FUNDING LP
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: FIRST SERVICE CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Feb 14, 2022
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Market Valuation

  • Market Total Value: $768,940
  • Market Land Value: $41,620
  • Market Improvement Value: $727,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $577,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11822853389
  • Current Sale Price: $525,000
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 2021014867
  • Previous Sale Recording Date: Nov 14, 2019
  • Previous Sale Contract Date: Nov 07, 2019
  • Previous Sale Amount: $453,300
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: NETWORK FUNDING LP
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ATHAS CAPITAL GROUP INC
  • Previous Mortgage Transaction Date: Nov 14, 2019
  • Previous Mortgage Loan Amount: $362,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About Bay Water Condominiums



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25024 Sausalito Drive, Galveston, TX, 77554 Listing by RH Advisors TX

Frequently Asked Questions

What neighborhood is 26731 Bay Water Drive located in?
The 26731 Bay Water Drive is a located in the neighborhood of Bay Water Condominiums in Bay Water Condominiums, Galveston.
What is the average sales price for listings in 26731 Bay Water Drive?
The average sales price for units in 26731 Bay Water Drive is $0 currently.

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