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$680,000

NAL Estimated Property Value

12825 E Madrid Rd, Galveston, TX, 77554

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,618 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.86 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Oven
FlooringCarpet, Tile

Exterior

Lot Size5,101 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces6

Land Information

APN6670-0000-0066-000
Lot Number66
SubdivisionSpanish Grant 1
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 66 SPANISH GRANT SEC 1
Census Tract726000
Assessed Land Value$177,480
Assessed Improvement Value$502,520
Assessment Year2025

About this property

Impressive South facing canal front location for this custom 3BR/2BA in Spanish Grant. It was built by the current owner, who was a builder, and the only occupant since the house was constructed. Great attention to details starting with 2 x 6 exterior construction. You can relax outside under the covered porch or on the large boat house deck. Walk into the spacious living area with vaulted ceilings and ample windows to allow natural light, capturing the stunning canal views.The island kitchen features glass foot door cabinets, ample cabinet space and gas burner cook-top. The adjoining dining area also has views of the canal. The large master with en-suite bath, his/her vanities, large jetted tub and separate shower. The master bath also includes his/hers large walk-in closets with an abundance of space. Separate utility room conveniently located close to bedrooms 2 & 3. Other attractive features include mostly impact windows, ceiling fans throughout, boat house and easy bay access.

Investor Tools

Property Icon
$680,000
Estimated Property Value
$84,516Estimated Mortgage Balance
$595,484Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,080 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,121/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,050
$680,000
2025
$177,480
$502,520
$680,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,050
$680,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homecomings Financial Network Inc
Credit Line (Revolving) / Heloc
$228,000
No
First
Nov 25, 2003
Dec 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,516
$595,484
87%
12%
$1,367/mo

City: Galveston

12825 E Madrid Rd | Property Details | No Agent List