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$769,000

NAL Estimated Property Value

3605 Avenue R, Galveston, TX, 77550

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.88 / sqft
Year BuiltBuilt in 1901

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size5,197 sqft

Building Information

Year Built1901
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7681-0000-0001-003
Lot Number1-3
SubdivisionWilson & Coe
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR PT OF LOTS 1 THRU 3 (1-3) WILSON & COE SUB
Census Tract724900
Assessed Land Value$94,290
Assessed Improvement Value$643,710
Assessment Year2025

About this property

ONLY 3 BLOCKS TO THE BEACH! Meticulous, well-appointed approx 2,800sf home w/ income-producing 600sf garage apt. This is elegant, Island living at its finest! The 1901 Valentine and Emma Peters House home is recognized as a Galveston Historic City Landmark - renovated with attention to stunning details. One of two primary bedrooms is located on first floor and features a large ensuite bathroom w/ original shiplap ceiling and custom master walk-in closet. Highlights include: original hardwood floors, eat-in granite island, custom built-ins featuring China cabinet + coffee bar, storage shelving and wine refrigerator, 3" plantation shutters throughout, original front doors (up/down), living room entry doors are original to Galveston Cotton Exchange Bldg, mini split AC/Heating in LR, French doors open to new, private deck area, 2 laundry areas (up/down), oversized garage w/ plenty of storage, 22kW Generac which powers entire home and apt. Please refer to docs for a complete amenity list.

Investor Tools

Property Icon
$769,000
Estimated Property Value
$521,996Estimated Mortgage Balance
$247,004Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,710 /month
Positive
Cash Flow Estimate:
$1,570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,105/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,420
$738,000
2025
$94,290
$643,710
$738,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,420
$738,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stone Mortgage Corp
Conventional
$538,000
No
First
Sep 16, 2024
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$521,996
$216,004
29%
68%
$3,226/mo

Learn About the Market: Opportunity in Texas

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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.

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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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3605 Avenue R | Property Details | No Agent List