$344,000
NAL Estimated Property Value2902 Avenue N 1/2, Galveston, TX, 77550
$347,692 ARV
Off Market
Property Lead Type:
Deal ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size5,136 sqft
Building Information
Year Built2012
Stories1
Roof Type105
Garage Spaces1
Land Information
APN1244-0000-0008-000
Lot Number8
SubdivisionAustin Place Sub (91)
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 8 AUSTIN PLACE SUB
Census Tract724700
Assessed Land Value$93,270
Assessed Improvement Value$156,730
Assessment Year2025
About this property
Nice corner lot lots of potential sold as is
Investor Tools
$344,000
Estimated Property Value
$243,142Estimated Mortgage Balance
$100,858Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$347,691
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,327
$250,000
2025
$93,270
$156,730
$250,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,327
$250,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Bank Na
Commercial
$247,500
No
First
May 13, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,142
$64,858
21%
71%
$1,484/mo
