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Owner Contacts

$304,000

NAL Estimated Property Value

2203 Victory St, Galveston, TX, 77551

Off Market

4 Beds

1 Bath

1,800 Sq Ft

$110.56 / sqft

Built in 1955

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Heating

AppliancesDishwasher, Dryer, Refrigerator, Washer, Microwave

FlooringTile, Wood

Exterior

Lot Size4,365 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Land Information

APN4065-0023-0002-001

Lot Number2

SubdivisionHollywood Heights

Land UseResidential

Legal DescriptionABST 121 HALL & JONES SUR E 96.3 FT OF LOT 2 (2-1) BLK 23 HOLLYWOOD HEIGHTS

Census Tract725800

Assessed Land Value$14,400

Assessed Improvement Value$228,240

Assessment Year2025

About this property

Cute starter home sold furnished, with amazing rental income! Enter the main home to an open living/dining/kitchen concept with separate office. This popular floor plan is great for entertaining, featuring stainless steel appliances in kitchen, island with sink, breakfast bar & tile flooring. Main house has a master suite with tile flooring & full bath with tub/shower, single vanity & tile flooring. Two bedrooms separated by a hallway bath with a large walk-in shower, single vanity & tile floors. The third bedroom is separated by a mud room - has a full attached bath & private entryway with schlage combination locking system - perfect for extra rental income! Efficiency apt. with separate entry has tile flooring & a full bath. Nice backyard for outdoor entertaining. Can sleep 12+ - verified rental income. Low flood insurance. Located just minutes from the Pleasure Pier, Historical District, wide variety of shops, museums & the beach! This home is set up for immediate enjoyment!

Investor Tools

$304,000

Estimated Property Value

$151,237Estimated Mortgage Balance

$152,763Estimated Equity

53% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,824 /month

Positive

Cash Flow Estimate:

$608 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$558/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,173

$242,640

2025

$14,400

$228,240

$242,640

Tax History

Year

Tax Paid

Assessed Value

2024

$5,173

$242,640

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Watermark Capital Inc

Conventional

$169,200

First

Nov 5, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$151,237

$172,763

53%

50%

$1,015/mo

Learn About the Market: Opportunity in Texas

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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.

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