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$280,000

1115 22nd Street, Galveston, TX, 77550

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.09 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size1,978 sqft

Building Information

Year Built1957
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3505-0082-0008-001
Lot Number8
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR PT OF LOT 8 (8-1) BLK 82 GALVESTON AKA LOT B REPLAT
Census Tract724400
Assessed Land Value$63,280
Assessed Improvement Value$380,960
Assessment Year2025

About this property

Just 5 minutes from Galveston Beach and The Strand, this beautifully renovated 2-level Traditional home offers the perfect blend of comfort and coastal living. Currently operating as a short-term rental, it presents an excellent opportunity for both investors and homeowners alike. Inside, the first floor is ideal for entertaining with a full bath for guests, while the upstairs retreat features a spacious primary suite and two additional private bedrooms. The modern kitchen shines with a 5-burner gas range and walk-in pantry, perfect for everyday cooking or hosting. Outdoors, enjoy a privacy fence, secure storage for vehicles or watercraft, and a low-maintenance yard—whether for full-time living, continued investment use, or as a vacation getaway. Appliances and furniture are included, making it truly move-in ready! With a 2022 A/C, no HOA, and a low tax rate, this home is an island gem you won’t want to miss!

Investor Tools

$174,485Estimated Mortgage Balance
$269,755Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,665 /month
Positive
Cash Flow Estimate:
$888 /month

Interested in this property?

Marta Peralta

Keller Williams Realty Metropolitan

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$804/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,429
$444,240
2025
$63,280
$380,960
$444,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,429
$444,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pmac Lending Services Inc
Conventional
$190,000
No
First
Feb 22, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,485
$269,755
60%
39%
$1,140/mo

City: Galveston