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Days47Days on Market
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$242,400

$162,500

123 Bonita Ave, Galveston, TX, 77550

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.65 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size5,998 sqft

Building Information

Year Built1965
Stories1
Roof Type172
Garage Spaces1

Land Information

APN4720-0000-0061-000
Lot Number61
SubdivisionLindale Park
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 61 LINDALE PARK
Census Tract724200
Assessed Land Value$56,070
Assessed Improvement Value$180,050
Assessment Year2025

About this property

Experience easy island living in this move-in-ready home, located just blocks from the beach, UTMB, and the Historic Strand District. The bright, welcoming layout features a newly updated kitchen, two comfortable bedrooms, a gorgeous spa-like bathroom, and a flexible bonus room perfect for a home office. Step outside to your spacious, private backyard retreat, complete with a fenced patio, a custom fire pit, and a helpful storage shed. With Lindale Park's dog park, tennis courts, and playground practically in your backyard, this property is a fantastic opportunity to own your perfect coastal getaway.

Investor Tools

$220,816Estimated Mortgage Balance
$26,184Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

Interested in this property?

Pedro Iznaga

Redfin Corporation

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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
$4,153
$236,120
2025
$56,070
$180,050
$236,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,153
$236,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$235,710
No
First
Jan 6, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,816
$26,184
10%
89%
$1,414/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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123 Bonita Ave | Property Details | No Agent List