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$174,500

2211 Avenue O, Galveston, TX, 77550

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths716 Sq Ft
price_per_sqft$243.72 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

About this property

This 2/1 cottage has off-street parking in the back of the home off an adjacent alley. Located in a great central location with easy access to everything Galveston has to offer! Just a short bike ride to the Pleasure Pier, the Strand, downtown, restaurants, bars, shopping, entertainment, and of course, the beach. UTMB and cruise terminals are minutes away. A true diamond in the rough with tremendous potential. Perfect for first-time homeowners; a little TLC will go a long way in transforming this home into a charming primary residence, vacation getaway, or investment property. Previously used as a long-term rental, it offers an excellent opportunity for continued long-term rental income or as a short-term rental. Decent-sized backyard with a concrete pad for additional parking and plenty of room to build a carport or garage. Bring your personal touches and creative vision and make this property shine as it should! Don't miss this affordable opportunity to own in the heart of Galveston!

Investor Tools

$0Estimated Mortgage Balance
$273,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month

Interested in this property?

Hudson Holmes

Joe Tramonte Realty, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%

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.

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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2211 Avenue O | Property Details | No Agent List