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$304,000

NAL Estimated Property Value

1102 Avenue M, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths825 Sq Ft
price_per_sqft$423.03 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size2,570 sqft

Building Information

Year Built1955
Stories1
Roof Type115

Land Information

APN3505-0011-0008-002
Lot Number8
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR S 1/2 OF LOT 8 (8-2) BLK 11 GALVESTON
Census Tract724400
Assessed Land Value$82,180
Assessed Improvement Value$202,450
Assessment Year2025

About this property

TWO BLOCKS FROM THE BEACH! This 2/1, recently updated, beach cottage is absolutely adorable. Situated on a fenced, corner lot, you are steps away from the Gulf of Mexico, entertainment, restaurants, bars and less than a 15 minute walk to the Pleasure Pier. The Strand, downtown and piers are an easy, relaxing bike ride away. Front porch, back deck and two side patios. Back yard with privacy fence. Hardwood floors throughout! Butcher block countertops. First time homeowners, second home, vacation rentals - the possibilities are endless! This quintessential island home is ready for you to enjoy the salty air breezes and beautiful beach sunrises and sunsets. Call us today!

Investor Tools

Property Icon
$304,000
Estimated Property Value
$290,586Estimated Mortgage Balance
$13,414Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,542
$284,630
2025
$82,180
$202,450
$284,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,542
$284,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$314,100
No
First
May 16, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,586
$23,414
7%
96%
$1,884/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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1102 Avenue M | Property Details | No Agent List