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$418,000

NAL Estimated Property Value

1406 21st St, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,496 Sq Ft
price_per_sqft$217.25 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesRange, Disposal, Refrigerator

Exterior

Lot Size1,725 sqft

Building Information

Year Built1935
Stories2
Roof Type115
Garage Spaces180

Land Information

APN3510-0019-2001-004
Lot Number1
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR PT OF LOT 1 (2001-4) SW BLK 19 GALVESTON OUTLOTS
Census Tract724400
Assessed Land Value$30,600
Assessed Improvement Value$187,600
Assessment Year2025

About this property

Wonderfully nestled Island duplex, situated across from the Bryan Museum and between the Strand and Seawall on the high side. With its original hard wood floors and beautiful doors this home has no shortage of charm or character. The home features 2 bedroom 1 bath units with a driveway and a garage, gas ranges, double front porch, central HVAC and so much more. Recently updated with wiring, plumbing, and HVAC so it is ready to rent long or short term. These homes do not last long due to their higher investment returns, functionally, and low maintenance. The home is also in the Lost Bayou Historic District and a close walk or golf cart ride to numerous Galveston Island hot spots, not just the beach.

Investor Tools

Property Icon
$418,000
Estimated Property Value
$220,894Estimated Mortgage Balance
$197,106Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,029
$210,024
2025
$30,600
$187,600
$218,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,029
$210,024

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$243,750
No
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,894
$134,106
37%
53%
$1,462/mo

City: Galveston

1406 21st St | Property Details | No Agent List