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$540,710

NAL Estimated Property Value

1005 Avenue K, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,431 Sq Ft
price_per_sqft$297 / sqft
Year BuiltBuilt in 1901

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Range, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size5,136 sqft

Building Information

Year Built1901
Stories2
Roof Type105

Land Information

APN3505-0070-0006-000
Lot Number6
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 6 BLK 70 GALVESTON
Census Tract724400
Assessed Land Value$164,350
Assessed Improvement Value$376,360
Assessment Year2025

About this property

Lovely successful charming 2/2 cottage in the close and convenient San Jac Neighborhoodis asuccessful STR. A perfect location 4 blocks from the beach, 5 minutes from UTMB & downtown entertainment district's restaurants, theaters, art galleries, and shopping. The large bright kitchen features a deep country sink, granite countertops, and a view of the entire 1st floor. It is equipped with a breakfast bar, stainless & steel appliances that convey.Charming architectural highlights include reclaimed wood floors, wood ceilings, window seats, stained glass details, and built-in bookshelves. Upstairs is the ensuite primary that features a walk-in closet. The bath inludes w/d and a double stall shower. Downstairs, there is another bedroom and bath as well as the window filled livingroom making it light an bright. The oversized yard showcases a lcovered back patio designed for entertaining, perfect for alfresco dining. Offstreet parking is provided by concrete pad w/ a gate to the alley.

Investor Tools

Property Icon
$540,710
Estimated Property Value
$283,381Estimated Mortgage Balance
$257,329Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,244 /month
Positive
Cash Flow Estimate:
$1,081 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,703
$540,710
2025
$164,350
$376,360
$540,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,703
$540,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$293,000
No
First
Jul 24, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,381
$257,329
47%
52%
$1,757/mo

City: Galveston

1005 Avenue K | Property Details | No Agent List