Last 24 Hours
$382,612
NAL Estimated Property Value3218 Avenue P 1/2, Galveston, TX, 77550
Off Market
2 Beds
1 Bath
1,196 Sq Ft
$112.88 / sqft
Built in 1955Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
HeatingExterior
Lot Size5,140 sqft
Building Information
Year Built1955
Stories1
Roof Type105
Garage Spaces1
Land Information
APN3510-0088-0012-000
Lot Number12
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 12 NW BLK 88 GALVESTON OUTLOTS
Census Tract724900
Assessed Land Value$93,290
Assessed Improvement Value$324,710
Assessment Year2025
About this property
Investors here is a great opportunity for a beach house or vacation rental . This property is located block from the beach and close proximity to the Pleasure Pier. Ground floor offers plenty of storage are. 15 glass pane French doors between living and dinning room .
Investor Tools
$382,612
Estimated Property Value
$174,487Estimated Mortgage Balance
$208,125Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,296 /month
Positive
Cash Flow Estimate:
$765 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,971
$382,612
2025
$93,290
$324,710
$418,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,971
$382,612
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Unknown
$200,553
No
First
Oct 23, 2019
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,487
$208,125
54%
46%
$1,203/mo
12.4%