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$479,980

NAL Estimated Property Value

3522 Avenue S, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds— Beds
Baths2 Bath
Baths2,787 Sq Ft
price_per_sqft$172.23 / sqft
Year BuiltBuilt in 1968

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size5,110 sqft

Building Information

Year Built1995
Stories1
Roof Type105

Land Information

APN3539-0000-0007-000
Lot Number7
SubdivisionGarrett
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 7 W A GARRETT SUB
Census Tract724900
Assessed Land Value$92,990
Assessed Improvement Value$386,990
Assessment Year2025

About this property

3 units in midtown on one lot. The front house is 1319 sq ft has central A/H, it's the one the owners live in was originally a 2/1.Owners have taken the wall down on Front bedroom to make a much larger living room. The attic has been converted into a flex space, great for a sleeping loft/bunkroom or office if desired. The full lot has off street parking on Ave Sthe 2 -car garage is the one apartment however there is approx 5 ft of storage with alley access and a space for tenant parking. There are 2 back units both are equipped with window units. All 3 units are separately metered. They have been used recently for the owners' family and friends. one is one story the other 2 story (which in past had a long-term renter). Both are 1 bed and 1 bath. one 868 sq ft the other 600 sq. ft. Great investment potential and only a short distance to the Beach. Flood Zone X

Investor Tools

Property Icon
$479,980
Estimated Property Value
$217,488Estimated Mortgage Balance
$170,172Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$898/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,371
$479,980
2025
$92,990
$386,990
$479,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,371
$479,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$223,100
No
First
Dec 3, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,488
$262,492
54%
45%
$1,338/mo

City: Galveston

3522 Avenue S | Property Details | No Agent List