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$344,000

NAL Estimated Property Value

1220 Avenue K, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,642 Sq Ft
price_per_sqft$200.97 / sqft
Year BuiltBuilt in 1889

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,136 sqft

Building Information

Year Built1889
Stories1
Roof Type112
Garage Spaces2

Land Information

APN3505-0132-0012-000
Lot Number12
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 12 BLK 132 GALVESTON
Census Tract724400
Assessed Land Value$164,350
Assessed Improvement Value$225,290
Assessment Year2025

About this property

Special opportunity to own a 1900 Storm survivor on a large lot, with guest quarters below and a garage with alley access. Mere blocks from the beach or the East End Historic District, this home is walk-able to some of the most spectacular of all Galveston neighborhoods. Or, pop into Hotel Lucine for a coffee on your morning walk! 2 beds / 2 baths up, with a generous 1 bedroom apartment below. Lovely, shaded front porch. Spacious bedrooms, a large living room, and a large kitchen overlooking what could soon be a shaded backyard retreat. Garage has alley access. Front yard is enclosed by a charming picket fence. Plenty of fresh paint and maintenance has been recently completed.

Investor Tools

Property Icon
$344,000
Estimated Property Value
$499,898Estimated Mortgage Balance
$344,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,662
$253,920
2025
$164,350
$225,290
$389,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,662
$253,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$256,000
No
First
Jan 3, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$499,898
N/A
0%
145%
$3,070/mo

City: Galveston

1220 Avenue K | Property Details | No Agent List