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$799,000

1007 Lillian Ln, Galveston, TX, 77554

$1,038,700 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,332 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.8 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Convection Oven
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Boat Slip
Lot Size5,541 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces6

Land Information

APN5481-0000-0010-000
Lot Number10
SubdivisionOld Galveston Villas Replat (2005)
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 10 OLD GALVESTON VILLAS REPLAT (2008)
Census Tract725800
Assessed Land Value$103,690
Assessed Improvement Value$761,310
Assessment Year2025

About this property

Beautifully updated Victorian-style water view home in the exclusive gated community of Old Galveston Villas. This 4-bedroom, 3.5-bath residence offers breathtaking Offatts Bayou views from two private balconies. Spacious ground-level patio is perfect for entertaining. The open-concept living and dining area features a cozy fireplace and flows seamlessly into the updated kitchen with commercial-grade stainless steel appliances. The spacious primary suite includes sitting area and spa-inspired ensuite with dual vanities, walk-in shower, and freestanding soaking tub. Home's private elevator provides seamless access. Enjoy your own assigned boat dock on the community pier with direct access to Offatts Bayou, ideal for boating, fishing, and exploring the surrounding waterways. Enjoy a private pool shared by only seven homes. Conveniently located with quick access to I-45, this exceptional home offers easy commute to Houston while embracing Galveston's premier waterfront lifestyle.

Investor Tools

$635,910Estimated Mortgage Balance
$234,482Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,038,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,202 /month
Positive
Cash Flow Estimate:
$1,734 /month

Interested in this property?

Anastasia Gaido

RUTLEDGE REAL ESTATE LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,289/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,131
$865,000
2025
$103,690
$761,310
$865,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,131
$865,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas First Bank
Commercial
$680,000
No
First
Nov 22, 2022
Feb 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$635,910
$447,090
41%
73%
$4,077/mo

City: Galveston

1007 Lillian Ln | Property Details | No Agent List