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Street View

$368,430

NAL Estimated Property Value

1008 Sealy St, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths1,351 Sq Ft
Multi FamilyMulti Family
price_per_sqft$295.34 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Refrigerator
FlooringTile, Wood

Exterior

Lot Size5,140 sqft

Building Information

Year Built2000
Stories1
Roof Type105

Land Information

APN3505-0250-0009-000
Lot Number9
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 9 BLK 250 GALVESTON
Census Tract724300
Assessed Land Value$189,970
Assessed Improvement Value$178,460
Assessment Year2025

About this property

Located in one of Galveston's hottest upcoming areas. Two charming coastal cottages are bundled together on one lot. Known as “Shotgun Shelly”, both houses are 2-bedroom-one bath, with hardwood floors, living room, kitchen and washer/dryer. These adorable cottages have been used as short and long-term rentals and would make a great investment property, family vacation compound or full-time residence. This fabulous cozy gem is surrounded by a fence and plush bamboo privacy hedges. Photos are of current condition. Photos of Shotgun Shelly when it was a rental property are available on request. Distance to where you want to be: 1/2 mile to Stewart’s Beach,1 1/4 miles to The Strand Historical area (25 minute walk)1/2 mile to the Sunflower Bakery and Cafe (10 minute walk)1 5/8 miles to Galveston‘s Historical Pleasure Pier(30 minute walk)1 mile to the new cruise terminal1 1/2 miles to Galveston Cruise terminals 1/2 mile to UTMB.

Investor Tools

Property Icon
$368,430
Estimated Property Value
$285,978Estimated Mortgage Balance
$82,452Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$614/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,531
$368,430
2025
$189,970
$178,460
$368,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,531
$368,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$308,000
No
First
Jul 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,978
$82,452
22%
78%
$1,847/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Galveston

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1008 Sealy St | Property Details | No Agent List