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$482,000

NAL Estimated Property Value

1507 Ball, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,548 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.65 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Oven
FlooringBamboo, Carpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size2,570 sqft

Building Information

Year Built1980
Stories2
Roof Type105
Garage Spaces1

Land Information

APN1320-0000-0001-000
Lot Number1
SubdivisionBall Townhomes
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 1 BALL TOWNHOUSES
Census Tract724300
Assessed Land Value$113,410
Assessed Improvement Value$223,040
Assessment Year2025

About this property

Investor, Air B&B, or Residential Opportunity! Beautiful raised home located in Galveston's East End Historic District! Wonderfully maintained & move-in ready, this 3 bedroom bungalow boasts a breezy bi-level porch on the front & a private rear-facing upstairs deck off of the master suite. Indoors, you'll find wood-look laminate floors, neutral paint & crown molding in the flex-use formal dining or study, into the kitchen with granite countertops & reverse osmosis water filtration, and beyond that into a cozy family room with French doors. Also on the first floor, note the convenient half bath & oversized indoor utility room. Upstairs, find the master suite with a private balcony, two secondary bedrooms with plush new carpet, and a beautifully updated bathroom. Take a romantic stroll to the Strand or numerous top-rated restaurants nearby & enjoy the close proximity to UTMB or Downtown Galveston. This home has everything you need for a family home or an income-producing rental property!

Investor Tools

Property Icon
$482,000
Estimated Property Value
$262,014Estimated Mortgage Balance
$219,986Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,892 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,264
$336,450
2025
$113,410
$223,040
$336,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,264
$336,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Novus Home Mortgage
Fha
$274,928
Yes
First
Oct 10, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,014
$195,986
42%
54%
$1,649/mo

City: Galveston

1507 Ball | Property Details | No Agent List