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$1,587,269

NAL Estimated Property Value

1011 Walsh Lane, Galveston, TX, 77554

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,960 Sq Ft
price_per_sqft$422.3 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Dryer, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Lot Size1.89 acres

Building Information

Year Built1980
Stories1
Roof Type172
Garage Spaces4

Land Information

APN7205-0000-0520-001
Lot Number520
SubdivisionTrimble & Lindsey Sec 1
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR PT OF LOT 520 (520-1) TRIMBLE & LINDSEY SEC 1
Census Tract725800
Assessed Land Value$1,386,260
Assessed Improvement Value$617,160
Assessment Year2025

About this property

Residential or Commercial 2.061 acres located near the heart of Galveston & tucked away w/ approx 124' of waterfront. Beautiful view of the bay and Moody Gardens. Relax on your patio, in the pool or in your enclosed sunroom w/ plenty of windows to enjoy the view. Known as the Bay Dreamer, this 3 bedroom home offers a large open floor plan, 2 sided fireplace & 2 living areas w/ view of the bay throughout the home. Large kitchen w/ ample counter space, cabinet storage & island w/ stovetop. Spacious primary suite w/ private door to patio, walk-in closet, double vanity, separate shower & tub. Split floorplan allows privacy from secondary rooms. Oversized 4 bay garage for storage, gameroom & workshop. Elevator from ground floor. Outdoor bathroom near pool & large backyard w/ fencing on both sides. Brick masonry construction offers island life w/peace of mind. Currently an income producing property. Enjoy for yourself or vacation rental.

Investor Tools

Property Icon
$1,587,269
Estimated Property Value
$766,013Estimated Mortgage Balance
$821,256Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,524 /month
Positive
Cash Flow Estimate:
$3,175 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,569/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,892
$1,587,269
2025
$1,386,260
$617,160
$2,003,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,892
$1,587,269

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas First Bank
Purchase Money Mortgage
$825,000
No
First
Jul 19, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$766,013
$821,256
51%
48%
$4,947/mo

City: Galveston

1011 Walsh Lane | Property Details | No Agent List