Last 24 Hours
$760,000
NAL Estimated Property Value1128 Avenue K, Galveston, TX, 77550
$844,999 ARV
Off Market
Commercial
3 Beds
2 Bath
5,056 Sq Ft
$87.01 / sqft
Built in 1960Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingFlooringTile
Exterior
Lot Size5,158 sqft
Building Information
Year Built1960
Stories2
Roof Type105
Garage Spaces6
Land Information
APN3505-0131-0014-000
Lot Number14
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 14 BLK 131 GALVESTON
Census Tract724400
Assessed Land Value$165,120
Assessed Improvement Value$509,743
Assessment Year2025
About this property
100% fully occupied, income producing in a great location! Just blocks from UTMB and the Beach. TWO buildings, FIVE units total, great for long term rentals, students or Airbnb, you call it! BLDG 1 (3 units) Front: 3/2, large living/dining combo, flex room possible study. Upper: 3/1 high ceiling, large rooms, separate living and dining. Rear Bottom: 2/1. BLDG 2 (2) 1/1, living, dining rooms, flex room for possible study, private washer/dryers in attached garage for storage only.
Investor Tools
$760,000
Estimated Property Value
$0Estimated Mortgage Balance
$760,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$844,999
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,560 /month
Positive
Cash Flow Estimate:
$1,520 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,080/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,159
$635,040
2025
$165,120
$509,743
$674,863
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,159
$635,040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$668,000
100%
0%
$0/mo
12.4%