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$597,000

NAL Estimated Property Value

12 Park Ln, Galveston, TX, 77551

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,691 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.35 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Electric Cooktop, Electric Oven
FlooringCarpet, Terrazzo, Tile, Wood

Exterior

Lot Size8,999 sqft

Building Information

Year Built1975
Stories1
Roof Type121
Garage Spaces2

Land Information

APN2751-0005-0007-000
Lot Number7
SubdivisionColony Park 2
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 7 BLK 5 COLONY PARK SEC 2
Census Tract725700
Assessed Land Value$39,540
Assessed Improvement Value$535,490
Assessment Year2025

About this property

This Contemporary, Mid-Century Modern Design is located in Colony Park - One of Galveston's Most Desirable and Unique Neighborhoods. The Generous Open-Plan of the Living Room and its Wall of Windows Look out to a Large Impressive Pool. This four-bedroom 2.5 Bath home is designed for Gracious Living and Entertaining. It has a contemporary kitchen with new appliances and a cozy den with its own atrium-style courtyard. Refrigerator, washer and dryer are included in the sale. The Master Bedroom has a Sliding Door to the patio and Large His and Her Walk-in Closets with Extensive Built-ins. This Well-Maintained Property has Recent Improvements, Including a Complete Pool Re-Plaster, Roof and Siding Upgrades. Pool equipment and pool cover included with sale of home. The Custom, Tropical Landscaping is Beautiful. The “flat” roof has “tapered insulation that gives the roof a slope and allows efficient drainage. Come see this special home and its bright, open living space.

Investor Tools

Property Icon
$597,000
Estimated Property Value
$0Estimated Mortgage Balance
$597,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,582 /month
Positive
Cash Flow Estimate:
$1,194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$649/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,802
$506,000
2025
$39,540
$535,490
$575,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,802
$506,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$616,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Galveston

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12 Park Ln | Property Details | No Agent List