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$525,000

23007 Lunes Street, Galveston, TX, 77554

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$551.47 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,201 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces3

Land Information

APN7013-0007-0013-000
Lot Number13
SubdivisionTerramar 4
Land UseResidential
Legal DescriptionABST 121 PAGE 12 LOT 13 BLK 7 TERRAMAR BEACH SEC 4
Census Tract726102
Assessed Land Value$224,120
Assessed Improvement Value$273,373
Assessment Year2025

About this property

This beautifully designed 2-bedroom, 1-bath home features an open-concept living, dining, and kitchen area highlighted by cathedral ceilings and walls of windows that flood the space with abundant natural light. And don't miss the ground level quarters with an additional one bedroom and a full bath, providing flexibility for guests. The kitchen is both stylish and functional, offering ample cabinetry, a large island with breakfast bar seating for four, granite countertops, under-cabinet lighting, and soft-close cabinets and drawers. The expansive bathroom showcases dual sinks with granite countertops, a tub/shower combination, and generous cabinetry providing excellent storage. Two sliding glass doors in the living and dining area bring the indoors out, making entertaining effortless. Outside, enjoy a huge deck, along with a ground-floor lounge area. Additional features include a fully fenced yard, an additional storage area/workshop, and a boat lift.

Investor Tools

$0Estimated Mortgage Balance
$520,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Alicia Swartz

RE/MAX Leading Edge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$921/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,448
$497,493
2025
$224,120
$273,373
$497,493
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,448
$497,493

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$520,000
100%
0%
$0/mo

City: Galveston

23007 Lunes Street | Property Details | No Agent List