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A+
NoAgentList RatingHow are grades calculated? Info

$197,000

3024 Avenue R, Galveston, TX, 77550

$256,100 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.23 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

ARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,513 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN3510-0114-2013-001
Lot Number13
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR W 32 FT OF LOT 13 & E 5-6 FT OF LOT 14 (2013-1) SW BLK 114 GALVESTON OUTLOTS
Census Tract724101
Assessed Land Value$86,320
Assessed Improvement Value$306,180
Assessment Year2025

About this property

Charming Coastal Retreat, priced approximately ~$200,000 below recent comps and just four blocks from the beach! this timeless one-story home brims with character and potential. Bring your vision and a little TLC to make it shine. Inside, you’ll find spacious rooms, original hardwood floors, and a generous primary suite with an adjoining 13' x 12' study overlooking the backyard—perfect for a home office or reading nook. Enjoy Galveston’s breezy coastal lifestyle just minutes from the sand. Bonus: a versatile garage/storage structure in the backyard adds excellent utility. Don’t miss this chance to restore a classic and enjoy the best of island living only blocks from the beach.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$287,300Estimated Mortgage Balance
$0Estimated Equity
-46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$256,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$389
$170,409
2025
$86,320
$306,180
$392,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$389
$170,409

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zeus Mortgage Ltd
Unknown
$287,300
No
First
Jan 8, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,636
N/A
0%
145%
$1,723/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.

Explore Texas Explore This Area
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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3024 Avenue R | Property Details | No Agent List