Last 24 Hours
$225,000
3616 Avenue S, Galveston, TX, 77550
On Market
— Beds
1 Bath
1,050 Sq Ft
Built in 1960Highlights
Interior
Bedrooms —
Bathrooms Full 1
HeatingExterior
Lot Size4,295 sqft
Building Information
Year Built1960
Stories1
Roof Type115
Land Information
APN3510-0136-2011-001
Lot Number11
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR W 1/2 OF LOT 11 & E 14-3.021 FT OF LOT 12 (2011-1) SW BLK 136 GALVESTON OUTLOTS
Census Tract724900
Assessed Land Value$83,640
Assessed Improvement Value$358,051
Assessment Year2025
About this property
Full Galveston lot one half block off the famous Galveston Seawall. This specific area did not flood in Hurricane Ike. Paved alley along the back of the property. There is a survey available for your review. There is a set of engineered plans for a 3 bedroom 2 1/2 bath home with 3 car garage for review, also.
Investor Tools
$211,061Estimated Mortgage Balance
$230,630Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,650 /month
Positive
Cash Flow Estimate:
$883 /month
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Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$756/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,862
$441,691
2025
$83,640
$358,051
$441,691
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,862
$441,691
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Equity Funding Lp
Commercial
$220,000
No
First
Mar 14, 2024
Apr 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,061
$230,630
52%
48%
$1,320/mo
12.4%