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$923,000

NAL Estimated Property Value

2423 Market St, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths700 Sq Ft
price_per_sqft$2.14 / sqft
Year BuiltBuilt in 1967

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringTile

Exterior

Lot Size5,162 sqft

Building Information

Year Built1967
Stories2
Roof Type121
Garage Spaces1

Land Information

APN3505-0504-0002-000
Lot Number2
SubdivisionGalveston Townsite
Land UseCommercial
Legal DescriptionABST 628 M B MENARD SUR LOT 2 BLK 504 GALVESTON
Census Tract724500
Assessed Land Value$234,780
Assessed Improvement Value$688,220
Assessment Year2025

About this property

Downtown loft living on the first floor. This one bedroom unit is currently used as living and office with street frontage. This unit features open kitchen plan, 10 ceilings with crown molding, travertine floor, custom cabinets, granite counter tops, and all stainless steel appliances. French doors separate bedroom and living area. One reserved indoor attached garage parking spot on site. Water, electric and Wi-Fi can be included for additional $175.00. Cable is available but not included.

Investor Tools

Property Icon
$923,000
Estimated Property Value
$309,452Estimated Mortgage Balance
$613,548Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,538 /month
Positive
Cash Flow Estimate:
$1,846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,674
$923,000
2025
$234,780
$688,220
$923,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,674
$923,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Moody National Bank
Building Or Construction Loan
$647,500
No
First
Jul 28, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,452
$613,548
66%
34%
$3,883/mo

City: Galveston

2423 Market St | Property Details | No Agent List