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$99,000

3615 Avenue K, Galveston, TX, 77550

$128,700 ARVInfo
On MarketInfo
Just AddedInfo
Baths2 Bath
Baths2,581 Sq Ft
Year BuiltBuilt in 1955

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

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

Property Icon
$578,650
Estimated Property Value
$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

Interested in this property?

Brian Schwenk

Coldwell Banker TGRE

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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

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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3615 Avenue K | Property Details | No Agent List