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$962,000

NAL Estimated Property Value

1808 Post Office St, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,201 Sq Ft
price_per_sqft$310.84 / sqft
Year BuiltBuilt in 1887

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Dishwasher

Exterior

Lot Size5,140 sqft

Building Information

Year Built1960
Stories2
Roof Type115
Garage Spaces2

Land Information

APN3505-0498-0009-000
Lot Number9
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 9 BLK 498 GALVESTON
Census Tract724300
Assessed Land Value$189,970
Assessed Improvement Value$580,710
Assessment Year2025

About this property

Welcome to the 1887 Alfred Rakel House. Designed by Alfred Mueller, this 3 bay Southern Townhouse with Quenn Anne fixtures, has been a 4 time featured home on the GHF homes. The last two celebrating the 25th & 50th anniversaries of the tour. Walking distance to everything downtown has to offer. The current owners purchased the property in 2001 & have made this their fiull time home since 2010. The restoration began in 2003 and was accomplished by them. Unique lighted cabinetryand the island kitchen provides plenty of storage, a theme troughout as the home boasts 11 closets including a ginourmous upstairs closet utilized as primary closet. The primary bedroom boasts an ensuite.The detached 2 car garage also includes a 800 square foot 2 story apartment. Fenced in back yard includes a lovely deck & a gas stub for outdoor grill and/or generator. Victorian charm abounds from the Bradbury and Bradbury wallcoverings, polished floors and trim, transoms, walk thru windows & double galleries.

Investor Tools

Property Icon
$962,000
Estimated Property Value
$14,102Estimated Mortgage Balance
$947,898Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$952/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,615
$770,680
2025
$189,970
$580,710
$770,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,615
$770,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$24,800
No
First
Jan 7, 2009
Jan 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,102
$880,898
98%
1%
$149/mo

City: Galveston

1808 Post Office St | Property Details | No Agent List