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$792,611

NAL Estimated Property Value

1520 Market St, Galveston, TX, 77550

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,545 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.71 / sqft
Year BuiltBuilt in 1859

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size11,408 sqft

Building Information

Year Built1859
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3505-0555-0012-000
Lot Number11
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOTS 12,13 & W 10-8.5 FT OF LOT 11 BLK 555 GALVESTON
Census Tract724300
Assessed Land Value$294,990
Assessed Improvement Value$519,160
Assessment Year2025

About this property

Circa 1859 George Washington Grover House. Stunning pre-Civil War home with grandeur throughout. Purportedly hit by a cannon ball ,it is a survivor of the Battle of Galveston, January 1, 1863. Much architectural detailing throughout the house. There is a large landscaped side garden on the west side and a beautiful side walkway greenspace on the east side of the house. Three bedrooms and large sitting room upstairs and there is a first floor bedroom with ensuite bath. Full kitchen with duel fuel range, extra oven & 2 dishwashers. Laundry on second floor and there is an elevator. Third floor room (21x18) has a ladder to the widow's walk typical of this era of large homes. Inspection report online from the Estate selling the property. Exempt items to be removed after funding. No furniture remains. Please review inspection report before showings are set. House is documented in the Historic American Buildings Survey. Agents: Please review Agent Remarks before setting appointment.

Investor Tools

Property Icon
$792,611
Estimated Property Value
$393,304Estimated Mortgage Balance
$399,307Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,756 /month
Positive
Cash Flow Estimate:
$1,585 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,091/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,132
$792,611
2025
$294,990
$519,160
$814,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,132
$792,611

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Next Level Income Fund Llc
Purchase Money Mortgage
$434,000
No
First
Jun 25, 2021
Jul 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,304
$399,307
50%
50%
$2,603/mo

Learn About the Market: Opportunity in Texas

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Explore

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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1520 Market St | Property Details | No Agent List