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$328,085

NAL Estimated Property Value

2017 Avenue M, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,892 Sq Ft
price_per_sqft$263.74 / sqft
Year BuiltBuilt in 1870

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
AppliancesDishwasher, Dryer, Refrigerator, Washer, Gas Cooktop, Gas Oven
FlooringTile, Wood

Exterior

Lot Size5,140 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3510-0019-0003-000
Lot Number3
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 3 NW BLK 19 GALVESTON OUTLOTS
Census Tract724400
Assessed Land Value$81,481
Assessed Improvement Value$277,989
Assessment Year2025

About this property

Located in the tree lined Lost Bayou Historic District, the current owners rescued the 1870 Charles Albertson Home in 2012. This unusual blend of Greek Revival and Italianate was originally a wing of the house next door at 2019 N 1/2. This town home has soaring ceilings and large windows allowing for a very light and bright atmosphere. The eat in kitchen has state of the art appliances and access to the back deck. Closet under stairs provides extra storage. There is a den with full bath downstairs,could also be the master suite if desired it opens to the back deck and fenced in yard.Upstairs there is a full bath with claw foot tub 2 bedrooms and a bunk room originally a sleeping porch that had stairs leading down to the back yard. It would make a great den sitting room for bedroom. A 2 car garage with ample workshop w/ 540 sq.ft. 1 bedroom guest quarters upstairs that could so be a great artist studio. List of upgrades and maintenance in docs. Some furnishings negotiable.

Investor Tools

Property Icon
$328,085
Estimated Property Value
$6,192Estimated Mortgage Balance
$321,893Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,048
$328,085
2025
$81,481
$277,989
$359,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,048
$328,085

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Robert Eugene Deem Jr
Seller Carryback / Seller Financing / Seller Take-Back
$44,100
No
First
Dec 28, 1998
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,192
$334,808
98%
2%
$265/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.

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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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