Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$628,000

NAL Estimated Property Value

1527 Mechanic St, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.01 / sqft
Year BuiltBuilt in 1871

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Gas Oven
FlooringWood

Exterior

Lot Size3,829 sqft

Building Information

Year Built1960
Stories2
Roof Type105

Land Information

APN3505-0555-0001-001
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR N 89 FT OF LOT (1-1) BLK 555 GALVESTON
Census Tract724300
Assessed Land Value$155,450
Assessed Improvement Value$359,090
Assessment Year2025

About this property

Then, ship Captain, William B. Hance, first owned this classic 2 story, 3-bay side-hall home in 1871, at times were called Southern Townhomes or Victorian. Wow, one can only imagine evenings as he blissfully perched high on the upper balcony and delighted by the scent of the salty sea, bay breeze, and sounds of fog horns from the nearby port activity. With the downtown only 3 blocks to the west, it was a convenient stroll to the Strand where retailers sold their goods and the community gathered. Not much has changed in that respect. Although updates have been made to meet today’s lifestyle needs, this home still offers stature boasting an elegant entry, renovated kitchen, re-designed walk-in closet, along with exterior decking and wooden fences. The balcony can serve as your private retreat and that stroll to the Strand is ever so close. The fog horns are now replaced with evermore spirited sounds from 5 (soon to be 6) cruise ships that set sail from less than half a mile away.

Investor Tools

Property Icon
$628,000
Estimated Property Value
$113,980Estimated Mortgage Balance
$514,020Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,768 /month
Positive
Cash Flow Estimate:
$1,256 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$357,212
2025
$155,450
$359,090
$514,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$357,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pentagon Fcu
Credit Line (Revolving) / Heloc
$120,000
No
First
Aug 22, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,980
$520,020
82%
18%
$720/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1527 Mechanic St | Property Details | No Agent List