12Days on Market

1view

$388,000

$400,000

1419 Mechanic Street, Galveston, TX, 77550

On Market

Just Added

Price Drop

3 Beds

2 Bath

1,900 Sq Ft

Single Family Residence

$204.21 / sqft

Built in 1958

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size3,180 sqft

Building Information

Year Built1958

Stories2

Roof Type115

Garage Spaces1

Land Information

APN3505-0554-0003-001

Lot Number2

SubdivisionGalveston Townsite

Land UseResidential

Legal DescriptionABST 628 M B MENARD SUR E 11-4 FT OF LOT 2 & W 27-9 FT OF LOT 3 (3-1) BLK 554 GALVESTON

Census Tract724300

Assessed Land Value$134,930

Assessed Improvement Value$275,170

Assessment Year2025

About this property

Standing strong since 1905! Fully furnished & whimsically decorated, simply the easy Island lifestyle you didn't know you needed. 1419 Mechanic offers updates expected for modern living, while preserving the charm Galveston's East End Historic District is known for. Perfectly positioned, accessible in ~5 min by foot, golf cart, scooter, or e-bike to major employers in healthcare, tourism, and Texas' #1 Cruise Port. Live large within 1900 sqft, multiple indoor & outdoor entertaining areas, and 2-car garage w/alley access. 3 spacious bedrooms offer high ceilings, with gorgeous original hardwoods & floor-to-ceiling windows throughout. North & South facing porches offer stunning sunrise & sunset views, overlooking fenced front & back yards. Whether an avid entertainer, or work-from-home-body, all will appreciate. Generac Generator hidden behind a wall of aromatic White Star Jasmine, with plenty of room to play in the grassy yard. Open Houses this weekend - see this beauty in person!

Investor Tools

$468,000

Estimated Property Value

$0Estimated Mortgage Balance

$111,974Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,808 /month

Positive

Cash Flow Estimate:

$936 /month

Interested in this property?

Kevin Bell

Keller Williams Memorial

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$516/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,857

$373,531

2025

$134,930

$275,170

$410,100

Tax History

Year

Tax Paid

Assessed Value

2024

$3,857

$373,531

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amplify Cu

Conventional

$386,250

First

Apr 7, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$356,026

$111,974

23%

76%

$2,316/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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