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$399,000

NAL Estimated Property Value

1514 35th Street Street, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,040 Sq Ft
price_per_sqft$83.28 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating

Exterior

Lot Size3,267 sqft

Building Information

Year Built1958
Stories2
Roof Type105

Land Information

APN3510-0037-0015-001
Lot Number15,16
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR N 38-4 FT OF LOTS 15 & 16 (15-1) NW BLK 37 GALVESTON OUTLOTS SPECIAL SUB
Census Tract724700
Assessed Land Value$68,890
Assessed Improvement Value$247,862
Assessment Year2025

About this property

Looking to revive one of Galveston Folk Victorians? Don't miss this opportunity to invest in Galveston's real estate market with this lovely two-tiered full-height entry porch Victorian previously utilized as a duplex. Located in mid town Galveston, this two story home is one block from an elementary school, 6 blocks from Ball High School, near grocery stores, near popular island churches and less than one mile to the beach. This fantastic home has approximately 12' high ceilings on both floors with the hipped roof creating tall attic space. By the look of the shiplap inside the closets, this once lovely home was built sometime in the early 1900's. It has a sprawling 2nd story balcony that provides a nice breeze during those warm summer nights. This home can be easily converted to a single family home or maintained as an income producing property. Not separately metered.

Investor Tools

Property Icon
$399,000
Estimated Property Value
$123,248Estimated Mortgage Balance
$275,752Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$716/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,600
$316,752
2025
$68,890
$247,862
$316,752
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,600
$316,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$136,000
No
First
Jun 25, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,248
$275,752
69%
31%
$816/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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Galveston

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1514 35th Street Street | Property Details | No Agent List