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Days399Days on Market
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$249,500

3616 Avenue S, Galveston, TX, 77550

On MarketInfo
Baths1 Bath
Baths1,050 Sq Ft
Year BuiltBuilt in 1960

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

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

Interested in this property?

David Bowers

Better Homes and Gardens Real Estate Gary Greene - Galveston

ContactContact

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Financing Details

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

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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3616 Avenue S | Property Details | No Agent List