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$199,900

2023 1/2 Hollywood Avenue, Galveston, TX, 77551

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$295.71 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesRefrigerator Included, Freestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop
FlooringTile, Vinyl Plank

Exterior

Lot Size2,962 sqft

Building Information

Year Built1945
Stories1
Roof Type105

Land Information

APN4065-0013-0005-002
Lot Number5
SubdivisionHollywood Heights
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR PT OF LOT 5 (5-2) BLK 13 HOLLYWOOD HEIGHTS
Census Tract725800
Assessed Land Value$9,770
Assessed Improvement Value$247,680
Assessment Year2025

About this property

Island living with efficient design in this updated 1-bedroom, 1-bath home near Galveston Bay and the beach. Interior updates include fresh paint, durable flooring, and modern finishes that create a bright, functional layout. The remodeled kitchen features stainless-steel appliances, quartz countertops, and shaker-style cabinetry. The bathroom has been updated with contemporary tile and upgraded fixtures. Recent exterior improvements include a new roof, Hardie Plank siding, new doors, and energy-efficient windows for low-maintenance ownership. The property sits on a cleared 3,480 sq ft lot with convenient access to Lee & Joe Jamail Bay Park and public boat ramp (0.6 mi), offering nearby kayaking and fishing access. Located minutes from Galveston Seawall, dining, grocery stores, and University of Texas Medical Branch. Quick connection to I-45 allows easy off-island travel.

Investor Tools

$8,657Estimated Mortgage Balance
$218,343Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month

Interested in this property?

April Aberle

RE/MAX Crossroads Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$191
$107,569
2025
$9,770
$247,680
$257,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$191
$107,569

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Credit Line (Revolving) / Heloc
$13,000
No
First
N/A
Jun 2011

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,657
$218,343
96%
4%
$135/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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2023 1/2 Hollywood Avenue | Property Details | No Agent List