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B+
NoAgentList RatingHow are grades calculated?Info
Days90Days on Market
Views1view
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$110,000

3122 Avenue N 1/2, Galveston, TX, 77550

$118,302 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.27 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListMust-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size4,408 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces4

Land Information

APN2720-0000-0006-001
Lot Number5,6
SubdivisionColby F H Subd
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR PT OF LOTS 5 & 6 (6-1) COLBY SUB
Census Tract724700
Assessed Land Value$85,070
Assessed Improvement Value$230,860
Assessment Year2025

About this property

Great Investment Opportunity!! Property gutted for its new owner to make it a beautiful home. Some repairs were done, but not completed. Come and get your next project before its gone!

Investor Tools

$177,964Estimated Mortgage Balance
$138,309Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$118,301
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

Interested in this property?

Maria Molina-Alban

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,327
$315,930
2025
$85,070
$230,860
$315,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,327
$315,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Yolanda Norman
Commercial
$196,000
No
First
Jul 12, 2021
Jul 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,964
$137,966
43%
56%
$1,176/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3122 Avenue N 1/2 | Property Details | No Agent List