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$1,325,000

3401 Avenue O, Galveston, TX, 77550

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,323 Sq Ft
price_per_sqft$306.5 / sqft
Year BuiltBuilt in 1909

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBack Green Space, Balcony
Lot Size17,912 sqft

Building Information

Year Built1909
Stories2
Roof Type112
Garage Spaces2

Land Information

APN1256-0000-0002-000
Lot NumberB
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT B AVENUE O SUB (2007) & LOT 0 NE BLK 62 GALVESTON OUTLOTS SPECIAL SUB
Census Tract724900
Assessed Land Value$292,110
Assessed Improvement Value$354,000
Assessment Year2025

About this property

Rarely does an estate of this scale, privacy and pedigree become available in the heart of Galveston. Built in 1909 and documented as the longtime residence of prominent railroad executive Alfred C. Torbert and his family, 3401 Avenue O is set behind an ornamental metal gate on approximately 17,000 square feet of lush, manicured grounds. Its stately architecture is crowned by a distinctive metal roof, while gracious interiors offer substantial millwork, stained-glass details, three fireplaces and beautifully proportioned rooms. An elevator, generator, climate-controlled attic and abundant gated parking provide discreet modern convenience. Beyond the home, a resort-style pool and hot tub with Pentair equipment are complemented by a separate pool house with a coordinating metal roof, full kitchen, bath and fireplace. Grand without ostentation and historic without compromise, this is a rare Galveston estate of provenance, presence and enduring beauty.

Investor Tools

$806,180Estimated Mortgage Balance
$715,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,950 /month
Positive
Cash Flow Estimate:
$2,650 /month

Interested in this property?

Caroline Spagnola

RE/MAX Leading Edge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$868/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,839
$646,110
2025
$292,110
$354,000
$646,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,839
$646,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bny Mellon Na
Credit Line (Revolving) / Heloc
$504,000
No
First
Jun 15, 2018
Jul 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$806,180
N/A
0%
113%
$5,569/mo

City: Galveston

3401 Avenue O | Property Details | No Agent List