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$168,535

NAL Estimated Property Value

1607 Mechanic St, Galveston, TX, 77550

$219,096 ARVInfo
Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,024 Sq Ft
price_per_sqft$85.72 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size3,881 sqft

Building Information

Year Built1960
Stories2
Roof Type105

Land Information

APN3505-0556-0005-001
Lot Number5
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR E PT OF LOT 5 & W 1/2 OF LOT 6 (5-1) BLK 556 GALVESTON
Census Tract724300
Assessed Land Value$157,110
Assessed Improvement Value$239,220
Assessment Year2025

About this property

Five bedroom two bath Victorian two story home located in Galveston's Historic District. Close to the cruise ship terminals and to the Strand where all of our major events take place. No hoa. Own a special piece of island history. This fixer-upper is priced to sell to a special person that can restore its natural beauty!

Investor Tools

Property Icon
$168,535
Estimated Property Value
$0Estimated Mortgage Balance
$168,535Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$219,096
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,041 /month
Positive
Cash Flow Estimate:
$347 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$98/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$338
$168,535
2025
$157,110
$239,220
$396,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$338
$168,535

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$168,535
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.

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

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1607 Mechanic St | Property Details | No Agent List