Last 24 Hours
$465,000
NAL Estimated Property Value1012 Sealy St, Galveston, TX, 77550
Off Market
Commercial
— Beds
2 Bath
2,122 Sq Ft
$225.73 / sqft
Built in 1958Highlights
Interior
Bedrooms —
Bathrooms Full 1
Heating Central
CoolingExterior
Lot Size5,140 sqft
Building Information
Year Built1958
Stories1
Roof Type112
Land Information
APN3505-0250-0010-002
Lot Number10
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 10 (10-2) BLK 250 GALVESTON
Census Tract724300
Assessed Land Value$189,980
Assessed Improvement Value$275,020
Assessment Year2025
About this property
Awesome multi-family property on the desirable Historic East end of Galveston Island. Two single family homes - one is an 832 sq. ft. 2/1. Second house is approx. 1,290 sq. ft. per owner with and additional 400 sq. ft. living-game room space. Great Vacation or term rental opportunity located near the Beach and UTMB Medical Center. Several upgrades in place allow an excellent canvas for future Multi-plex Vacation rental possibilities. Exiting 10 month lease in place on 1 of the 2 properties in this offering.
Investor Tools
$465,000
Estimated Property Value
$0Estimated Mortgage Balance
$465,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$864/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,040
$465,000
2025
$189,980
$275,020
$465,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,040
$465,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,000
100%
0%
$0/mo
12.4%