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$369,000

NAL Estimated Property Value

1320 Avenue N, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,254 Sq Ft
price_per_sqft$278.31 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Electric Range, Electric Oven
FlooringWood

Exterior

Lot Size5,136 sqft

Building Information

Year Built1955
Stories1
Roof Type105

Land Information

APN3510-0022-3012-000
Lot Number12
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 12 SE BLK 22 GALVESTON OUTLOTS
Census Tract724400
Assessed Land Value$81,410
Assessed Improvement Value$240,190
Assessment Year2025

About this property

This adorable cottage was completely remodeled in 2018 to include interior and exterior paint. Welcoming front porch with swing invites you into the spacious living area. Directly off the living is a generous dining room leading to the remodeled kitchen with new cabinets, counter-tops, appliances, peninsula and back-splash. The bedrooms are found off a central hallway which is home to the new utility area. A master bathroom was added to the large master bedroom creating an en-suite. The remodeled hall bathroom is found next to the guest bedroom. New HVAC system. Wood floors refinished throughout the home. A large back yard is home to a new shed. An alley runs behind the lot and there is off street parking via the driveway on the side of the home. This home is a perfect starter home, 2nd home or vacation rental. Most of the furniture will convey creating a turn-key opportunity. Located just 1.5 blocks from the beach and a short bike ride from UTMB.

Investor Tools

Property Icon
$369,000
Estimated Property Value
$238,896Estimated Mortgage Balance
$130,104Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,144
$321,600
2025
$81,410
$240,190
$321,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,144
$321,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$270,000
No
First
Jun 16, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,896
$125,104
34%
65%
$1,619/mo

City: Galveston

1320 Avenue N | Property Details | No Agent List