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$426,560

NAL Estimated Property Value

2028 Avenue M, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,698 Sq Ft
price_per_sqft$193.76 / sqft
Year BuiltBuilt in 1907

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater

Exterior

Lot Size2,579 sqft

Building Information

Year Built1960
Stories2
Roof Type105

Land Information

APN3505-0020-0014-002
Lot Number14
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR S 1/2 OF LOT 14 (14-2) BLK 20 GALVESTON
Census Tract724400
Assessed Land Value$82,560
Assessed Improvement Value$344,000
Assessment Year2025

About this property

This historic home is wonderfully located, a quick walk down 21st to the beach or the Strand. Gorgeous views of the Bryan Museum, the perfect night is going on the upstairs balcony with a drink overlooking the Bryan during sunset or at night. Spacious rooms plus high ceilings. Custom decorative transoms downstairs. Sturdy beautiful staircase with original built in bench in foyer. The fully functioning pocket doors offer a lot of flexibility in room design. Original wood floors throughout, contracted to refinish floors as soon as tenant moves. All appliances and curtains are included. Original stain glass window on 21st st side. Large walk-in closet in master bedroom. Sliding barn door to downstairs bathroom. Claw foot bathtub. Al window sashes are functional opening to two balconies and two porches. Beautiful oak-lined Ave M with friendly neighbors.

Investor Tools

Property Icon
$426,560
Estimated Property Value
$208,496Estimated Mortgage Balance
$218,064Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,559 /month
Positive
Cash Flow Estimate:
$853 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,580
$426,560
2025
$82,560
$344,000
$426,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,580
$426,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$228,750
No
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,496
$218,064
51%
49%
$1,372/mo

City: Galveston

2028 Avenue M | Property Details | No Agent List