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$245,000

NAL Estimated Property Value

1620 Avenue L, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths976 Sq Ft
price_per_sqft$261.27 / sqft
Year BuiltBuilt in 1899

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size2,579 sqft

Building Information

Year Built1899
Stories1
Roof Type115

Land Information

APN3505-0076-0012-002
Lot Number12
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR W 1/2 OF LOT 12 (12-2) BLK 76 GALVESTON
Census Tract724400
Assessed Land Value$65,069
Assessed Improvement Value$164,931
Assessment Year2025

About this property

Charming cottage in Lost Bayou Historic District. Built in 1899 and 1900 Storm Survivor. Updated w/ modern amenities. Custom, period lighting throughout. Gas heater in fireplace is a working antique. Original hardwood floors. 2nd bedroom in back of house being used as entertainment room. Also, utility room including stacked washer & dryer. Stainless steel appliances, R-40 Insulation, tankless water heater, reclaimed wood counters plus renovated wooden shutters. 102 year old tree in front yard is gift from the City after 1915 storm. Fenced in yard & garden. Alley access.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$245,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,129
$230,000
2025
$65,069
$164,931
$230,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,129
$230,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,000
100%
0%
$0/mo

City: Galveston