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B+
NoAgentList RatingHow are grades calculated?Info

$527,000

NAL Estimated Property Value

3 Park Ln, Galveston, TX, 77551

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size12,746 sqft

Building Information

Year Built1995
Stories1
Roof Type172
Garage Spaces2

Land Information

APN2751-0006-0004-000
Lot Number4
SubdivisionColony Park 2
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 4 BLK 6 COLONY PARK SEC 2
Census Tract725700
Assessed Land Value$60,540
Assessed Improvement Value$411,580
Assessment Year2025

About this property

Welcome to this stunning single-story home in the exclusive Colony Park neighborhood, designed by renowned Houston architect Preston Bolton! Featuring 3 spacious bedrooms—each w/ its own ensuite bath, custom built-ins and access to a private porch—this home blends comfort and timeless style. Enjoy an expansive living and dining area with soaring ceilings & a cozy wood-burning fireplace, perfect for relaxing or entertaining. Natural light floods the space through plentiful windows. The kitchen is complete with a breakfast nook & there’s a dedicated study with custom shelving. The spacious primary suite is a true retreat. Outside, enjoy a large backyard with room for pets, a pool, and weekend gatherings. Plus, a detached air-conditioned workshop or studio that could even be converted to an additional bedroom or Mother-in-law suite. Generous storage throughout, a two-car garage & whole-home sound wiring. A true gem! Home SQFT is 2,355 plus 256 SQFT of studio = 2,610 Total living area SQFT

Investor Tools

Property Icon
$527,000
Estimated Property Value
$379,369Estimated Mortgage Balance
$160,631Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,162 /month
Positive
Cash Flow Estimate:
$1,054 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,201
$425,706
2025
$60,540
$411,580
$472,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,201
$425,706

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Conventional
$385,000
No
First
Jul 21, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,369
$160,631
29%
72%
$2,309/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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3 Park Ln | Property Details | No Agent List