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$336,900

NAL Estimated Property Value

1305 55th Street, Galveston, TX, 77551

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.83 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Dishwasher

Exterior

Lot Size3,572 sqft

Building Information

Year Built1958
Stories1
Roof Type105

Land Information

APN2965-0047-0011-003
Lot Number11,12
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR N 72 FT OF LOTS 11 & 12 (11-3) BLK 47 DENVER RESURVEY
Census Tract725200
Assessed Land Value$62,100
Assessed Improvement Value$274,800
Assessment Year2025

About this property

Galveston Island Investment Opportunity! This is a current long term rental with a tenant in place. This 3bd/1bth home has been updated with tile throughout and all new plumbing/electrical. The AC unit was replaced in 2020. This is a cash flowing property waiting for its next owner! Schedule your showing today!

Investor Tools

Property Icon
$336,900
Estimated Property Value
$277,201Estimated Mortgage Balance
$59,699Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,021 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,716
$336,900
2025
$62,100
$274,800
$336,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,716
$336,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
She Island Homes Llc
Commercial
$288,000
No
First
Apr 15, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,201
$59,699
17%
82%
$1,727/mo

City: Galveston

1305 55th Street | Property Details | No Agent List