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$299,900

1523 22nd Street, Galveston, TX, 77550

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths845 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$354.91 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size5,158 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces4

Land Information

APN1246-0000-0002-000
Lot Number2
SubdivisionV E Austin Sub (92)
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 2 V E AUSTIN SUB
Census Tract724800
Assessed Land Value$81,720
Assessed Improvement Value$262,050
Assessment Year2025

About this property

Craftsman mid century bungalow, nestled in the Lost Bayou Historic District, *3* blocks from the Seawall & *10* blocks from The Strand. 2016 renovations include: Kitchen down to studs, w/ custom designed & built, white shaker style cabinets w/ glass upper doors, lazy susans in both corners, custom ordered cabinet hardware, white subway tile backsplash, carrara marble counters, antique sink repurposed from another Galveston property, tile flooring, white electric oven/range (plumbed & foundation reinforced for a heavier gas oven/range), & beach blue Big Chill retro inspired refrigerator, dishwasher, & microwave. Dining area w/ custom designed & built-in wine cabinet w/ chiller, storage seating, & shelves & door storage. Sheetrock sanded, re-textured, & painted in Sherwin Williams colors. Bathroom tile flooring, plumbing & light fixtures, & mirror. Original hardwood floors. Garage roof placed on & back wall w/ roll up door added. Large lot eligible for 2 water meters & has alley access.

Investor Tools

$242,401Estimated Mortgage Balance
$101,369Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,063 /month
Positive
Cash Flow Estimate:
$688 /month

Interested in this property?

LaRae Whorley

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,400
$343,770
2025
$81,720
$262,050
$343,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,400
$343,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$258,750
No
First
Jan 12, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,401
$101,369
29%
71%
$1,552/mo

City: Galveston

1523 22nd Street | Property Details | No Agent List