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$1,314,200

NAL Estimated Property Value

2825 Ball, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds10 Beds
Baths8 Bath
Baths3,836 Sq Ft
Multi FamilyMulti Family
price_per_sqft$310.22 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bedrooms 10Bedrooms 10
Bathrooms 8Bathrooms 8
HeatingHeating
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size5,162 sqft

Building Information

Year Built1945
Stories2
Roof Type121

Land Information

APN3505-0268-0001-001
Lot Number1,2
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR N 1/2 OF LOTS 1 & 2 (1-1) BLK 268 GALVESTON
Census Tract724500
Assessed Land Value$75,540
Assessed Improvement Value$1,238,660
Assessment Year2025

About this property

Beautifully updated TURN-KEY six-plex located blocks from the strand, cruise terminals, shopping, and more. There are six individual units ranging from 414 sqft-1,150 sqft. (4) 2/2, and (2) 1/1 Each unit comes fully furnished and professionally decorated with its own style. The property was fully renovated in 2022, and features, new HVAC, windows, doors, interior, exterior, electrical, and plumbing. Coastal Cabanas is currently used as a short-term rental, but the possibilities are endless with this beautiful building. Enjoy the evenings in the large fenced-in courtyard, and the convenience of off-street parking. This one-of-a-kind property is ready for summer, and YOU!

Investor Tools

Property Icon
$1,314,200
Estimated Property Value
$625,813Estimated Mortgage Balance
$688,387Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,885 /month
Positive
Cash Flow Estimate:
$2,628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,082
$1,314,200
2025
$75,540
$1,238,660
$1,314,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,082
$1,314,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 4 Llc
Commercial
$645,000
No
First
Sep 11, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$625,813
$688,387
52%
48%
$3,868/mo

City: Galveston

2825 Ball | Property Details | No Agent List