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$239,000

NAL Estimated Property Value

2509 Avenue Q, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,375 Sq Ft
Multi FamilyMulti Family
price_per_sqft$181.45 / sqft
Year BuiltBuilt in 1905

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size3,402 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN3056-0000-0001-000
Lot NumberA
SubdivisionDouble D Properties Rplt (2022) Abst 628
Land UseReal, Residential, Single-Family
Legal DescriptionLOT A DOUBLE D PROPERTIES RPLT (2022) ABST 628
Census Tract724101
Assessed Land Value$6,328
Assessed Improvement Value$17,172
Assessment Year2025

About this property

2 old commissary-type houses in rough shape. The houses are separately metered. House at 2509 Ave Q has 849 Sq ft and records show it was built in 1914, which was after commissary houses were built. 2511 Ave Q has 576 sq ft. and appears to have built in 1901, a more likely original commissary house. 1 1/2 blocks to the Seawall and Pleasure Pier. They are occupied and will sold with the existing tenants. A minimum of 24 hour notice required. The lot is 6000 square feet. If the buyer desires to subdivide the property to have two houses they will need to do that after the closing.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$0Estimated Mortgage Balance
$239,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,497 /month
Positive
Cash Flow Estimate:
$499 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,704
$23,500
2025
$6,328
$17,172
$23,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,704
$23,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,000
100%
0%
$0/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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2509 Avenue Q | Property Details | No Agent List