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$405,000

3202 Avenue N 1/2, Galveston, TX, 77550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,815 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.16 / sqft
Year BuiltBuilt in 1895

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Gas Cooktop
FlooringTile, Wood

Exterior

Lot Size9,640 sqft

Building Information

Year Built1963
Stories2
Roof Type105
Garage Spaces1

Land Information

APN3510-0038-0009-001
Lot Number8
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 8 & E 37-5.5 FT OF LOT 9 (9-1) NW BLK 38 GALVESTON OUTLOTS
Census Tract724700
Assessed Land Value$168,700
Assessed Improvement Value$247,700
Assessment Year2025

About this property

Step into timeless elegance with this 1895 Victorian gem set on two spacious lots—a rare find surrounded by Galveston's rich architectural heritage. This side-hall Victorian features a grand double parlor, formal dining, kitchen, and full bath on the main floor. Upstairs offers three bedrooms plus a stunning turret-style room perfect for a study, nursery, or creative space. The adjacent lot adds endless flexibility—build a second home, add a pool, or create a lush garden retreat. With alley access and rear entry, the setup is ideal for guests or future tenants seeking privacy. Located on a generous 9,640 sq ft lot near Historic Downtown Galveston, Seawall Blvd, and local shops. WEA-1 Windstorm exemption in place. Enjoy charm, character, and expansion potential all in one. Whether you're restoring history, investing, or envisioning a modern twist, this Victorian delivers. A rare opportunity to own a piece of Galveston’s past with room to shape its future.

Investor Tools

Property Icon
$405,000
Estimated Property Value
$197,500Estimated Mortgage Balance
$209,803Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,697
$311,147
2025
$168,700
$247,700
$416,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,697
$311,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$197,500
No
First
Sep 24, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,197
$191,803
49%
48%
$1,185/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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3202 Avenue N 1/2 | Property Details | No Agent List