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$381,000

102 Mechanic St, Galveston, TX, 77550

SoldInfo
7/24/26
Beds2 Beds
Baths2 Bath
Baths1,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.64 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Lot Size4,308 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces1

Land Information

APN3505-0601-0008-000
Lot Number8
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR S 1/2 OF LOT 8 (8-0) BLK 601 GALVESTON & W 29 PT OF ADJ 1ST STREET
Census Tract724200
Assessed Land Value$48,220
Assessed Improvement Value$296,740
Assessment Year2025

About this property

Updated one story home close to Seawall, UTMB, & downtown Galveston! 2 bedroom, 2 full bath, plus large den. Huge open kitchen, living, & dining areas offer plenty of space to spread out. Attached 1-car garage, additional driveway parking, & fenced backyard are added bonuses. Freshly painted interior & landscape work just completed. Yard care included in rent. Check it out before its gone!

Investor Tools

Property Icon
$381,000
Estimated Property Value
$0Estimated Mortgage Balance
$381,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$223
$344,960
2025
$48,220
$296,740
$344,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$223
$344,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$528,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
4.1%

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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102 Mechanic St | Property Details | No Agent List