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$584,370

NAL Estimated Property Value

22910 Martes St, Galveston, TX, 77554

$603,079 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Deal ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Electric Range, Electric Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBoat Slip
Lot Size5,118 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces1

Land Information

APN7013-0008-0027-000
Lot Number27
SubdivisionTerramar 4
Land UseResidential
Legal DescriptionABST 121 LOT 27 BLK 8 TERRAMAR BEACH SEC 4
Census Tract726102
Assessed Land Value$230,400
Assessed Improvement Value$353,970
Assessment Year2025

About this property

Canal-front home located in a great location- just a street from Galveston Bay! Enter this cozy cottage to an open living/kitchen/dining concept with exposed painted beams, double French doors leading to the large covered deck overlooking the canal, kitchen island & engineered stone countertops with matching white appliances. Master suite has private bath with shower, single vanity & tile flooring. Two add’l guest bedrooms & hallway bath. Spacious downstairs bonus room has tile flooring- with space for 2 bunk beds, sleeper sofa, dining/serving table along with more space for entertaining. Full downstairs bathroom has shower & laminate flooring. Improvements: Aluminum Bulkhead (2010), Re-installed existing boat lift and replaced motor & V-belt (2010), dishwasher (2013) lower sections of all “in the water” pilings (2014), roof (2017), disposal (2018), A/C (2019), & water heater (2019). Sold furnished with some exclusions.

Investor Tools

Property Icon
$584,370
Estimated Property Value
$532,454Estimated Mortgage Balance
$51,916Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$603,079
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,506 /month
Positive
Cash Flow Estimate:
$1,169 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,017/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,277
$584,370
2025
$230,400
$353,970
$584,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,277
$584,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stride Bank Na
Conventional
$544,500
No
First
Feb 18, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$532,454
$51,916
8%
91%
$3,265/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.

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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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22910 Martes St | Property Details | No Agent List