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$224,920

NAL Estimated Property Value

2028 Neumann Dr, Galveston, TX, 77551

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths946 Sq Ft
price_per_sqft$284.36 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size5,005 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5275-0000-0023-000
Lot Number23
SubdivisionNeumann
Land UseResidential
Legal DescriptionABST 628 LOT 23 NEUMANN SUB
Census Tract725300
Assessed Land Value$82,520
Assessed Improvement Value$142,400
Assessment Year2025

About this property

Welcome to your coastal charmer! Located just minutes from the beach and the historic Strand area, this centrally located cottage boasts multiple upgrades. Enjoy all new stainless (gas) appliances (including W&D), tile flooring throughout, new plumbing & pipe insulation, an upgraded electrical box, exterior paint, wooden fence and more! The new AC compressor, tankless water heater and electric roll down hurricane shutters bring peace of mind as well as lower electric bills. Bring your imagination for this 700 square foot garage, which features two car stalls and additional space for a small studio apartment or vacation rental, an art studio, wood shop… Anything you desire!

Investor Tools

Property Icon
$224,920
Estimated Property Value
$153,777Estimated Mortgage Balance
$71,143Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,904
$224,920
2025
$82,520
$142,400
$224,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,904
$224,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$157,500
No
First
Jan 2, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,777
$71,143
31%
68%
$945/mo

City: Galveston

2028 Neumann Dr | Property Details | No Agent List