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$838,000

NAL Estimated Property Value

2828 Avenue Q 1/2, Galveston, TX, 77550

Off MarketInfo
Beds7 Beds
Baths5 Bath
Baths3,641 Sq Ft
price_per_sqft$142.54 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,158 sqft

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APN3510-0115-0014-000
Lot Number14
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 14 NW BLK 115 GALVESTON OUTLOTS
Census Tract724101
Assessed Land Value$93,650
Assessed Improvement Value$506,830
Assessment Year2025

About this property

Early craftsman home with abounding character and lots of custom finishes. coffered ceilings, fish and fowl kitchen cabinets, large quartz kitchen island, gas range, working fireplace, upper and lower living rooms, home office area, massive walk in custom showers, and much more. This low country style home host 2 masters on the main floor with additional living quarters upstairs which could be an additional rental unit if needed. This property is great for owners who need space for family members. Also has two additional detached 1 bedroom 1 bathroom apartments. Main house is 2429 SQFT and each rear apartment is 606 SQFT for a total of 3,641. All measurements are approximate. Roof has a WPI-8 from 2015. Plumbing, electrical, and HVAC done in 2014 on the main house. Both apartment renovations were done in 2015.

Investor Tools

Property Icon
$838,000
Estimated Property Value
$445,797Estimated Mortgage Balance
$392,203Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,028 /month
Positive
Cash Flow Estimate:
$1,676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,462
$600,480
2025
$93,650
$506,830
$600,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,462
$600,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$500,762
Yes
First
Sep 29, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,797
$344,203
43%
53%
$3,003/mo

City: Galveston