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$315,000

115 Marlin Avenue, Galveston, TX, 77550

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,623 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.09 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,998 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN4720-0000-0113-000
Lot Number113
SubdivisionLindale Park
Land UseResidential
Legal DescriptionABST 628 PAGE 132 LOT 113 LINDALE PARK
Census Tract724200
Assessed Land Value$56,070
Assessed Improvement Value$271,670
Assessment Year2025

About this property

Fantastic location - close to UTMB, Downtown/Strand, restaurants, yacht basin, and the beach. 3 bedroom, 2 bathroom, 2 car garage home. PEX plumbing, engineered & slate floors, built-ins, stainless steel appliances, and granite countertops. Roof was added 6/23. Storm rated windows installed in the last few years. Back-up generator installed to the house. Great light throughout. Spacious primary suite. Outside of the living area, there is a door to a private oasis in the backyard - patio, pergola, and green space. Nearby parks include tennis, walking trails, and a dog park. Come take a look!

Investor Tools

$287,004Estimated Mortgage Balance
$41,996Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

Interested in this property?

Bain McEldowney

Latitude 29 Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,826
$327,740
2025
$56,070
$271,670
$327,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,826
$327,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$200,000
No
First
Oct 2, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,004
$41,996
12%
87%
$1,800/mo

City: Galveston

115 Marlin Avenue | Property Details | No Agent List