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$224,000

NAL Estimated Property Value

1111 Avenue K Rear, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.39 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size1,241 sqft

Building Information

Year Built1945
Stories1
Roof Type105

Land Information

APN3505-0071-0005-001
Lot Number5
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR S 58 FT OF W 21.416 FT OF LOT 5 (5-1) BLK 71 GALVESTON
Census Tract724400
Assessed Land Value$39,740
Assessed Improvement Value$97,180
Assessment Year2025

About this property

Great beach bungalow very close to the beach. Loads of potential and so many different options on this home that can be used as a short or long term rental. Could be lightly renovated and made as a second beach house getaway. Will not last.

Investor Tools

Property Icon
$224,000
Estimated Property Value
$111,171Estimated Mortgage Balance
$112,829Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,227
$136,920
2025
$39,740
$97,180
$136,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,227
$136,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Conventional
$120,000
No
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,171
$112,829
50%
50%
$591/mo

City: Galveston

1111 Avenue K Rear | Property Details | No Agent List