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$300,356

NAL Estimated Property Value

3611 Avenue R 1/2, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,668 Sq Ft
price_per_sqft$119.3 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesFree-Standing Range, Oven
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size6,421 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN3510-0136-2004-001
Lot Number4
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR E 1/2 OF LOT 4 & W 32-1.5 FT OF LOT 5 (2004-1) SW BLK 136 GALVESTON OUTLOTS
Census Tract724900
Assessed Land Value$115,370
Assessed Improvement Value$362,380
Assessment Year2025

About this property

Charming 1929 Gem in the Raw with Endless Potential. Discover the charm of this delightful home, built in 1929 by skilled Union carpenters. just a short walk to the beach in an X500 flood zone. Renowned for its solid construction, this home is exceptionally soundproof, ensuring peace and tranquility.While some updates could elevate it back to its original splendor, the house has been lovingly cared for by the same owner since 1976. Significant upgrades to the electrical and plumbing systems were completed at that time, providing a solid foundation for any modern enhancements. Character permeates every corner, from the 33 inviting windows that fill the rooms with natural light and the delightful gingerbread details such as arched entryways and high baseboards to the elegant French doors. The kitchen is a nostalgic delight, featuring ceramic countertops, glass-front cabinets, and a charming built-in breakfast nook. Embrace the charm of this unique home and make it yours!

Investor Tools

Property Icon
$300,356
Estimated Property Value
$188,502Estimated Mortgage Balance
$111,854Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,802 /month
Positive
Cash Flow Estimate:
$601 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$613
$300,356
2025
$115,370
$362,380
$477,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$613
$300,356

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Direct Mortgage Loans Llc
Conventional
$189,600
No
First
Jan 7, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,502
$111,854
37%
63%
$1,137/mo

City: Galveston

3611 Avenue R 1/2 | Property Details | No Agent List