$99,000
3615 Avenue K, Galveston, TX, 77550
$128,700 ARV
On Market
Highlights
Interior
Exterior
Lot Size4,077 sqft
Building Information
Year Built1955
Stories2
Roof Type115
Garage Spaces5
Land Information
APN3505-0096-0003-002
Lot Number3
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR E 12-7 FT OF LOT 3 & W 1/2 OF LOT 4 (3-2) BLK 96 GALVESTON
Census Tract725100
Assessed Land Value$80,790
Assessed Improvement Value$497,860
Assessment Year2025
About this property
Cleared full size midtown lot with paved alley access at the back of the lot - perfect for future rear garage entry. Less than a mile from the beach/Seawall and 1.5 miles to Downtown Galveston makes this locale convenient to countless island amenities. Great opportunity for a new build in a well established neighborhood. Zoned "Urban Neighborhood" allowing for a variety of single family or multi-family development opportunities up to 8 units.
Investor Tools
$0Estimated Mortgage Balance
$578,650Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$128,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,472 /month
Positive
Cash Flow Estimate:
$1,157 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$945/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$578,650
2025
$80,790
$497,860
$578,650
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$578,650
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$578,650
100%
0%
$0/mo
