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$665,000

NAL Estimated Property Value

1524 Mechanic Street 1, Galveston, TX, 77550

SoldInfo
7/12/26
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths575 Sq Ft
ApartmentApartment
price_per_sqft$1.57 / sqft
Year BuiltBuilt in 1859

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
AppliancesElectric Range

Exterior

Exterior FeaturesCourtyard
Lot Size5,140 sqft

Building Information

Year Built1960
Stories2
Roof Type105

Land Information

APN3505-0615-0013-000
Lot Number13
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 13 BLK 615 GALVESTON
Census Tract724300
Assessed Land Value$189,970
Assessed Improvement Value$398,930
Assessment Year2025

About this property

Enjoy this efficiency unit in the heart of the East End Historical District! The building is gorgeous inside and out, with a double veranda - upstairs and downstairs, wood floors, high ceilings, and an abundance of windows! Ask about other units, we have both 2 bedroom and 1 bedroom units. Just a short walk to the strand, UTMB, the cruise terminal and more! Section 8 welcome.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,049
$588,900
2025
$189,970
$398,930
$588,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,049
$588,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$665,000
100%
0%
$0/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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1524 Mechanic Street 1 | Property Details | No Agent List