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$226,000

NAL Estimated Property Value

1024 62nd St, Galveston, TX, 77551

$284,635 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.39 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size2,627 sqft

Building Information

Year Built2024
Stories1

Land Information

APN2715-0001-0022-000
Lot Number22
SubdivisionCohen Robert I
Land UseReal, Residential, Single-Family
Legal DescriptionABST 121 HALL & JONES SUR LOT 22 BLK 1 ROBERT I COHEN SUB
Census Tract725800
Assessed Land Value$66,680
Assessed Improvement Value$20,000
Assessment Year2025

About this property

Experience elevated coastal living in this stunning new construction home in Galveston, designed with modern style, energy efficiency, and low-maintenance convenience in mind. Thoughtfully designed 2-bedroom home features dual en-suite baths, making it perfect for roommates, students, faculty, or guests. Step inside to soaring vaulted ceilings with ceiling fans and an open concept layout filled with natural light. The kitchen is a true showpiece offering large quartz island perfect as a breakfast bar, custom built-in cabinetry, all new stainless steel appliances including gas range. Stacked washer & dryer included. Relax on front or back balconies with water views of the bay. House is raised on stilts with a private driveway. Close proximity to UTMB, the beach, the iconic Pleasure Pier and Galveston Cruise Terminals.

Investor Tools

Property Icon
$226,000
Estimated Property Value
$0Estimated Mortgage Balance
$226,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$284,635
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$863
$86,680
2025
$66,680
$20,000
$86,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$863
$86,680

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,000
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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1024 62nd St | Property Details | No Agent List