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$1,200,000

10400 Wern Road, Galveston, TX, 77554

On MarketInfo

About this property

Located just off Stewart Road between 103rd and 105th less than 2 miles to Galveston Bay in a quiet location. New developments ongoing in the area. 10 acre tract approved and permitted for 20 new homes to be constructed. Wetland permits, site development and PUD approved and permits paid. All documents will convey with sale and are available upon request. Great opportunity to build a single family residence or develop a new subdivision.

Investor Tools

$0Estimated Mortgage Balance
$1,200,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Kennedi Brunson

Texas Ally Real Estate Group, LLC

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Financing Details

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

City: Galveston

10400 Wern Road | Property Details | No Agent List