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$262,000

NAL Estimated Property Value

1510 & 1512 38th Street, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,520 Sq Ft
price_per_sqft$279.61 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
FlooringWood

Exterior

Lot Size1,346 sqft

Building Information

Year Built1957
Stories2
Roof Type105

Land Information

APN2085-0000-0002-001
Lot Number2,3
SubdivisionBryans Sub (91)
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR PT OF LOTS 2 & 3 (2-1) BRYANS SUB AKA TRACT B OF REPLAT
Census Tract725100
Assessed Land Value$33,290
Assessed Improvement Value$95,060
Assessment Year2025

About this property

RARE OPPORTUNITY! Two side-by-side historic cottages being offered together. These charming homes provide the perfect blend of timeless appeal & versatile use. Whether you envision living in one & renting the other, creating a private guest retreat, or using one for office/studio space, the possibilities are endless. Both properties showcase preserved historic details, incl high ceilings, clawfoot tubs, & nostalgic kitchens that reflect their original character. Welcoming front porches invite you to relax and enjoy the neighborhood, while the back entry porches provide additional space for outdoor living. 1510 38th St: 2-BR, 1.5 BA includes a side yard perfect for gardening or pets. 1512 38th St: 1-BR, 1-BA offers a cozy floor plan, ground-level storage, & alley-access one-car garage (low ceiling clearance), ideal for a small vehicle or workshop space. Together, these two homes create an extraordinary opportunity to enjoy the best of historic island living.

Investor Tools

Property Icon
$262,000
Estimated Property Value
$0Estimated Mortgage Balance
$262,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,598
$128,350
2025
$33,290
$95,060
$128,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,598
$128,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$262,000
100%
0%
$0/mo

City: Galveston

1510 & 1512 38th Street | Property Details | No Agent List