Last 24 Hours
$651,355
NAL Estimated Property Value1227 Avenue L, Galveston, TX, 77550
Off Market
Commercial
2 Beds
1 Bath
1,200 Sq Ft
Single Family Residence
$1.75 / sqft
Built in 1952Highlights
Interior
Bedrooms 2
Bathrooms 1
Heating Central
CoolingAppliancesRefrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
FlooringConcrete, Laminate, Tile
Exterior
Lot Size10,298 sqft
Building Information
Year Built1952
Stories2
Roof Type121
Land Information
APN3505-0012-0001-000
Lot Number1,2
SubdivisionGalveston Townsite
Land UseCommercial
Legal DescriptionABST 628 M B MENARD SUR LOTS 1 & 2 BLK 12 GALVESTON
Census Tract724400
Assessed Land Value$329,470
Assessed Improvement Value$520,530
Assessment Year2025
About this property
Loft just a flew blocks to the beach. loft conversion into living quarters. 1950's material throughout the space, glass transoms, glass block, exposed wood and concrete floors. The loft has two large bedrooms with ample closet space. Open kitchen with rooftop deck. You can feel the beach breeze. Open living and dining., refinished concrete floors. Utility room off the kitchen. Many updates to include, windows, appliances, paint and A/C. Would also make a great office or work space. Roof top deck. W/D hook ups.
Investor Tools
$651,355
Estimated Property Value
$0Estimated Mortgage Balance
$651,355Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,908 /month
Positive
Cash Flow Estimate:
$1,303 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,054/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,394
$651,355
2025
$329,470
$520,530
$850,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,394
$651,355
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$651,355
100%
0%
$0/mo
12.4%