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$243,000

2102 56th Street, Galveston, TX, 77551

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.8 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringVinyl

Exterior

Lot Size2,200 sqft

Building Information

Year Built2015
Stories1
Roof Type105

Land Information

APN7418-0000-0001-000
Lot NumberA
SubdivisionWeber Property (2005)
Land UseResidential
Legal DescriptionABST 628 M MENARD SUR LOT A WEBER PROPERTY (2005)
Census Tract725400
Assessed Land Value$42,920
Assessed Improvement Value$168,111
Assessment Year2025

About this property

Less than a mile to the beach, shopping, & dining! Just over 1/2 mile to 61st St. & public boat launch! 2 bedroom, 2 bath cottage rich in island history that was saved from eminent domain & moved to this location. The year built listed by CAD is not correct, house was moved to this location in 2005. Please see property history in attachments. This cottage would make an excellent full-time residence, long-term rental, or vacation rental. Home is being sold furnished with a few exclusions. Year build source is appraisal district and is incorrect. Home is much older, please see history of home in attachments.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$0Estimated Mortgage Balance
$45,332Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,281
$211,031
2025
$42,920
$168,111
$211,031
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,281
$211,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$200,000
No
First
Oct 3, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,668
$45,332
18%
81%
$1,200/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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2102 56th Street | Property Details | No Agent List