$495,000
NAL Estimated Property Value2916 Avenue R, Galveston, TX, 77550
Off Market
Property Lead Type:
Deal ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size4,382 sqft
Building Information
Year Built1958
Stories1
Roof Type115
Garage Spaces2
Land Information
APN3510-0114-3011-001
Lot Number11
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR W 29-2 FT OF LOT 11 & E 6-10 FT OF LOT 12 (3011-1) SE BLK 114 GALVESTON OUTLOTS ***DEFERRAL***
Census Tract724101
Assessed Land Value$84,710
Assessed Improvement Value$338,180
Assessment Year2025
About this property
Great opportunity for home located near the beach, Pleasure Pier and other amenities Galveston has to offer. With updates this house would make a great home for family or used as income producing investment. Home had a fire in the detached garage in the rear.
Investor Tools
$495,000
Estimated Property Value
$367,206Estimated Mortgage Balance
$127,794Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$932/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,713
$422,890
2025
$84,710
$338,180
$422,890
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,713
$422,890
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameritrust Mortgage Corp
Conventional
$374,935
No
First
Mar 20, 2025
Apr 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,206
$118,794
24%
74%
$2,248/mo
