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$649,000

1701 Ball, Galveston, TX, 77550

$838,653 ARVInfo
On MarketInfo
Baths4 Bath
Baths3,978 Sq Ft
QuadruplexQuadruplex
price_per_sqft$163.15 / sqft
Year BuiltBuilt in 1889

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 5Bathrooms Full 5
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size3,341 sqft

Building Information

Year Built1995
Stories2
Roof Type105

Land Information

APN3505-0257-0007-001
Lot Number7
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR N 78 FT OF LOT 7 (7-1) BLK 257 GALVESTON
Census Tract724300
Assessed Land Value$140,260
Assessed Improvement Value$360,134
Assessment Year2025

About this property

Historic fourplex located on one of the East End Historic District’s most established streets. Rich in character, this property showcases original woodwork, soaring ceilings, oversized windows, and preserved architectural details throughout. The downstairs unit features a spacious 2-bedroom, 2-bath layout, while the upper levels include three 1-bedroom, 1-bath apartments — two located on the second floor and an additional attic apartment. Utilities are separately metered for each unit with the exception of gas. Currently income-producing, the flexible layout offers the opportunity to continue as an investment property or potentially convert back into a remarkable single-family residence. Recent plumbing, electrical, and roof updates have been completed over the years. Ideally positioned near downtown Galveston, the Strand, restaurants, and entertainment, this is a rare opportunity to own a piece of Galveston history with endless potential.

Investor Tools

$184,568Estimated Mortgage Balance
$458,909Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$838,653
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Caroline Spagnola

RE/MAX Leading Edge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$994/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,716
$500,394
2025
$140,260
$360,134
$500,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,716
$500,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Commercial
$228,750
No
First
Apr 21, 2017
May 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,568
$532,432
74%
29%
$1,372/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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1701 Ball | Property Details | No Agent List