Last 24 Hours
$289,000
NAL Estimated Property Value3314 Avenue M 1/2, Galveston, TX, 77550
Off Market
3 Beds
1 Bath
992 Sq Ft
$267.14 / sqft
Built in 1955Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating CentralExterior
Lot Size5,136 sqft
Building Information
Year Built1955
Stories1
Roof Type105
Garage Spaces2
Land Information
APN3510-0012-1011-000
Lot Number11
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 11 NE BLK 12 GALVESTON OUTLOTS
Census Tract724700
Assessed Land Value$93,270
Assessed Improvement Value$133,283
Assessment Year2025
About this property
Front and Back house are Both leased (Occupied) with HUD tenants that are NOT under HUD contract per the Seller. Front (Main) house is currently leased (expires in approx. 5 months) for $1700 and the back house is currently rented for $1200 (expires in approx 4 months)
Investor Tools
$289,000
Estimated Property Value
$230,793Estimated Mortgage Balance
$58,207Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,921
$226,553
2025
$93,270
$133,283
$226,553
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,921
$226,553
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$233,516
Yes
First
Sep 25, 2025
Oct 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,793
$46,207
16%
80%
$1,401/mo
12.4%