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$527,772

NAL Estimated Property Value

12812 E Madrid Rd, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,182 Sq Ft
price_per_sqft$244.5 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Electric Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size5,101 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces4

Land Information

APN6670-0000-0077-000
Lot Number77
SubdivisionSpanish Grant 1
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 77 SPANISH GRANT SEC 1
Census Tract726000
Assessed Land Value$177,480
Assessed Improvement Value$377,450
Assessment Year2025

About this property

A rare find! Here is a two bedroom two bath canal front home with a boat house located in Spanish Grant. When you drive up you are welcomed with by a beautiful oak tree that provides plenty of shade. The downstairs enclosed entry leads you to the living area with a vaulted ceiling and kitchen with a breakfast bar. A wall of windows lets you see the tranquil canal view. Two bedrooms both with walk-in closets and balconies off the front of the home. Plenty of room to sit on top of the boathouse and enjoy the view or drop your boat in and go have some fun in the bay.

Investor Tools

Property Icon
$527,772
Estimated Property Value
$108,987Estimated Mortgage Balance
$418,785Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,167 /month
Positive
Cash Flow Estimate:
$1,056 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,506
$527,772
2025
$177,480
$377,450
$554,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,506
$527,772

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$125,000
No
First
Nov 1, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,987
$418,785
79%
21%
$750/mo

City: Galveston

12812 E Madrid Rd | Property Details | No Agent List