$475,408
NAL Estimated Property Value1615 Avenue K, Galveston, TX, 77550
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size5,136 sqft
Building Information
Year Built1886
Stories1
Roof Type105
Garage Spaces2
Land Information
APN3505-0076-0004-000
Lot Number4
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 4 BLK 76 GALVESTON
Census Tract724400
Assessed Land Value$164,350
Assessed Improvement Value$381,840
Assessment Year2025
About this property
Lovely circa 1880’s home in Lost Bayou historic district. A rare 3 bedroom 3 bath with 2 downstairs down. Upgraded A/C. Wood floors throughout with an open floor plan, Upstairs is carpeted with new carpet and would make a great master although other 2 bedrooms also have ensuite baths. Lovey fenced yard with garage and deck. All appliances convey. Granite counters in up to date kitchen with newer appliances . French doors lead out to the back deck and fenced in yard . In historic district so design guidelines apply.
Investor Tools
$475,408
Estimated Property Value
$231,930Estimated Mortgage Balance
$243,478Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,852 /month
Positive
Cash Flow Estimate:
$951 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,139
$475,408
2025
$164,350
$381,840
$546,190
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,139
$475,408
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secure Financial Services Inc
Conventional
$260,000
No
First
Oct 29, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,930
$243,478
51%
49%
$1,559/mo
