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$307,850

NAL Estimated Property Value

2409 38th Street, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$379.09 / sqft
Year BuiltBuilt in 1915

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven

Exterior

Lot Size3,681 sqft

Building Information

Year Built1915
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4429-0000-0003-000
Lot NumberC
SubdivisionKuban's Alley (2015) Abst 628
Land UseResidential
Legal DescriptionKUBAN'S ALLEY (2015) ABST 628, LOT C, ACRES 0.0845
Census Tract725000
Assessed Land Value$75,200
Assessed Improvement Value$232,650
Assessment Year2025

About this property

Welcome to the Pink Cottage. Updated 2 bedroom 1 full bath home located in the heart of Galveston. Quiet and small street. Perfect place to spend the weekend or make it your full time residence. Has been a successful Air B&B and is being sold fully furnished. Walking distance to the beach and several local restaurants!! Large family room with wood floors. Spacious bedrooms. The garage area downstairs is huge!! Recent roof with WPI8 certification. Property is currently located in Flood Zone X. Do not miss this great opportunity to own your piece of paradise!!!

Investor Tools

Property Icon
$307,850
Estimated Property Value
$269,731Estimated Mortgage Balance
$38,119Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,947 /month
Positive
Cash Flow Estimate:
$649 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,452
$307,850
2025
$75,200
$232,650
$307,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,452
$307,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barton Creek Lending Group Llc
Conventional
$283,500
No
First
Sep 28, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,731
$38,119
12%
88%
$1,700/mo

City: Galveston

2409 38th Street | Property Details | No Agent List