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$435,000

1916 Avenue M 1/2, Galveston, TX, 77550

$504,027 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,268 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$66.14 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size3,855 sqft

Building Information

Year Built1955
Stories2
Roof Type115

Land Information

APN3510-0019-1011-002
Lot Number11
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR W 32-1.5 FT OF LOT 11 (1011-2) NE BLK 19 GALVESTON OUTLOTS
Census Tract724400
Assessed Land Value$61,100
Assessed Improvement Value$375,270
Assessment Year2025

About this property

Investor Opportunity | Prime Galveston Location | As-Is Sale! Welcome to 1916 Avenue M ½ — a rare opportunity to acquire a spacious, historic home in the heart of Galveston’s Lost Bayou district. This 4-bedroom, 1.5-bath, two-story residence offers approximately 2,268 sq ft of living space and sits on a 3,855 sq ft lot only 6 blocks from the Seawall, and close to the Strand Historic District, and University of Texas Medical Branch. Convenient access to the back of the property through the alley as well. This property is being offered as-is, presenting a unique value-add opportunity for investors, builders, or buyers seeking a full renovation or flip project. This home is waiting to be brought back to life so don't miss this opportunity!

Investor Tools

Property Icon
$435,000
Estimated Property Value
$0Estimated Mortgage Balance
$435,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$504,027
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,007
$422,818
2025
$61,100
$375,270
$436,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,007
$422,818

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$435,000
100%
0%
$0/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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1916 Avenue M 1/2 | Property Details | No Agent List