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$341,280

NAL Estimated Property Value

2028 Avenue M 1/2, Galveston, TX, 77550

$414,231 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,024 Sq Ft
price_per_sqft$133.4 / sqft
Year BuiltBuilt in 1893

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,721 sqft

Building Information

Year Built1955
Stories2
Roof Type105

Land Information

APN3510-0019-0014-001
Lot Number14
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR S 40 FT OF LOT 14 (14-1) NW BLK 19 GALVESTON OUTLOTS
Census Tract724400
Assessed Land Value$30,530
Assessed Improvement Value$351,740
Assessment Year2025

About this property

Historic home located in the heart of Galveston, close to the beach. Home has a brand-new roof, new HVAC system, new plumbing, water heater, electrical panel and subfloors. Leaving it in the perfect position for someone to complete the remodel and maximize the full potential of this home. Historic homes like this don't come along often and hold great value. Seller is accepting all offers. Go see this historic blank canvas today that is ready to be completed. Property is being sold as is.

Investor Tools

Property Icon
$341,280
Estimated Property Value
$36,322Estimated Mortgage Balance
$305,200Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$351,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,048 /month
Positive
Cash Flow Estimate:
$683 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,922
$341,280
2025
$30,530
$351,740
$382,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,922
$341,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank
Stand Alone First / Home Equity First Lien
$76,000
No
First
Jul 26, 2006
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,322
$304,958
89%
11%
$0/mo

City: Galveston

2028 Avenue M 1/2 | Property Details | No Agent List