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$319,000

NAL Estimated Property Value

1121 Avenue M, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths828 Sq Ft
price_per_sqft$355.68 / 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
Heating Floor/WallHeating Floor/Wall
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size2,570 sqft

Building Information

Year Built1955
Stories1
Roof Type106
Garage Spaces1

Land Information

APN3510-0023-1002-002
Lot Number2
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR E 1/2 OF LOT 2 (1002-2) NE BLK 23 GALVESTON OUTLOTS
Census Tract724400
Assessed Land Value$45,580
Assessed Improvement Value$243,590
Assessment Year2025

About this property

East End Galveston Island Bungalow! This home sits just two blocks off the beach and offers a 3 bed 1 1/2 bath set up. The AC, plumbing and electrical were updated in 2016. This location is amazing as you are just a quick walk to the beach and minutes away from The Strand and UTMB. Give me a call today and lets talk about this being your next investment property, or island getaway!

Investor Tools

Property Icon
$319,000
Estimated Property Value
$232,085Estimated Mortgage Balance
$86,915Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,406
$289,170
2025
$45,580
$243,590
$289,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,406
$289,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$239,200
No
First
Sep 6, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,085
$86,915
27%
73%
$1,435/mo

City: Galveston

1121 Avenue M | Property Details | No Agent List