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$550,000

$625,000

3215 Avenue P 1/2, Galveston, TX, 77550

On MarketInfo
Just AddedInfo
Price DropInfo
Beds5 Beds
Baths3 Bath
Baths2,613 Sq Ft
price_per_sqft$210.49 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Washer Included, Gas Oven, Gas Range, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Exterior FeaturesBalcony
Lot Size5,140 sqft

Building Information

Year Built1952
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3510-0088-2004-000
Lot Number4
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 4 SW BLK 88 GALVESTON OUTLOTS
Census Tract724900
Assessed Land Value$93,290
Assessed Improvement Value$568,380
Assessment Year2025

About this property

Just 5 minutes from the beach and Pleasure Pier, this rare Galveston 1900 Storm Survivor beautifully blends historic charm with modern updates. Recently renovated, the home features fresh interior and exterior paint, new luxury vinyl plank and tile flooring, updated fixtures, and refreshed landscaping. The floor plan was reconfigured from 4 bedrooms to 5 bedrooms and expanded from 2 to 3 full bathrooms, including a new second-floor bath with a spacious walk-in shower. Original architectural details and many original windows have been preserved, offering a unique opportunity to own a piece of Galveston history with the comfort and functionality of modern living.

Investor Tools

$208,158Estimated Mortgage Balance
$453,512Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,970 /month
Positive
Cash Flow Estimate:
$1,323 /month

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Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,284
$661,670
2025
$93,290
$568,380
$661,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,284
$661,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$282,600
No
First
Aug 28, 2014
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,158
$453,512
68%
31%
$0/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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3215 Avenue P 1/2 | Property Details | No Agent List