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$702,000

NAL Estimated Property Value

1017 11th St, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths3,000 Sq Ft
Multi FamilyMulti Family
price_per_sqft$150 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Microwave, Dishwasher, Refrigerator

Exterior

Lot Size2,570 sqft

Building Information

Year Built1955
Stories2
Roof Type105

Land Information

APN3505-0131-0008-003
Lot Number8
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR S 1/2 OF LOT 8 (8-3) BLK 131 GALVESTON
Census Tract724400
Assessed Land Value$82,180
Assessed Improvement Value$374,640
Assessment Year2025

About this property

Situated just blocks from the beach and within the shadows of UTMB is this pristine fourplex in Galveston’s East End. Remodeled from studs out five years ago, it is no wonder that this complex is 100% occupied. The current owner is meticulous in his upkeep of the property and it shows. All apartments are 2/1 - two units have their own washer and dryer, while the other two units share a washer and dryer. All units have the same floor plan and are approximately 750sf each. Downstairs units have a back porch for relaxation and balconies offer a pleasant outdoor space for the upstairs occupants. All leases expire within nine months, so this may be an ideal situation for those who want to explore short term rental options. Seller owns all appliances.

Investor Tools

Property Icon
$702,000
Estimated Property Value
$0Estimated Mortgage Balance
$702,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,212 /month
Positive
Cash Flow Estimate:
$1,404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$934/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,699
$456,820
2025
$82,180
$374,640
$456,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,699
$456,820

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$613,000
100%
0%
$0/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.

Explore Texas Explore This Area
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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1017 11th St | Property Details | No Agent List