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Owner Contacts

$226,000

NAL Estimated Property Value

1819 Bayou Homes Dr, Galveston, TX, 77551

Off Market

2 Beds

1 Bath

800 Sq Ft

Single Family Residence

$275 / sqft

Built in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating

AppliancesGas Oven, Microwave, Gas Range, Dishwasher

FlooringTile

Exterior

Lot Size7,000 sqft

Building Information

Year Built1965

Stories1

Roof Type105

Garage Spaces2

Land Information

APN1505-0000-0054-000

Lot Number54

SubdivisionBayou Homes

Land UseResidential

Legal DescriptionABST 121 HALL & JONES SUR LOT 54 BAYOU HOMES

Census Tract725800

Assessed Land Value$78,750

Assessed Improvement Value$137,900

Assessment Year2025

About this property

Are you ready for your new starter Island home or relaxing vacation getaway? This well-maintained house feels like home as soon as you enter the front door! This meticulous brick house sits on an oversized 7,000sf lot - half of the lot is unimproved and ready for expansion or a brand-new pool! The oversized detached two-car garage is a Galveston luxury! Patio area(s) are great for entertaining. Recent improvements include: PEX & PVC piping; Attic is spray foam-insulated decking; New electric and sheetrock/insulation after Hurricane Ike; Craftsman-style exterior doors; Newer garage door w/ door opener; New storm doors; Fresh exterior paint on home and garage; New front porch/pergola; Newer concrete back patio; New appliances: dishwasher, refrigerator, & gas stove; Kitchen makeover approx one year ago; New granite in kitchen, painted cabinets; Newer gas water heater; New bathroom fixtures; Solar screens; Owens Corning 30-year shingles. Low-maintenance landscaping. Assumable flood policy.

Investor Tools

$226,000

Estimated Property Value

$219,017Estimated Mortgage Balance

$6,983Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,356 /month

Positive

Cash Flow Estimate:

$452 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$143/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$583

$216,650

2025

$78,750

$137,900

$216,650

Tax History

Year

Tax Paid

Assessed Value

2024

$583

$216,650

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas State Affordable Hsng Corp

Stand Alone Second / Subordinate Position

$10,800

First

Jun 28, 2024

Jun 2027

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$219,017

N/A

97%

$1,361/mo

Learn About the Market: Opportunity in Texas

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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.

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