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$651,355

NAL Estimated Property Value

1227 Avenue L, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.75 / sqft
Year BuiltBuilt in 1952

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, 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

Property Icon
$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

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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

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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1227 Avenue L | Property Details | No Agent List