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$368,000

3705 Avenue L, Galveston, TX, 77550

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,526 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.6 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesDisposal, Microwave, Dishwasher
FlooringWood

Exterior

Lot Size4,051 sqft

Building Information

Year Built1958
Stories1
Roof Type115

Land Information

APN3505-0037-0006-001
Lot NumberA
SubdivisionGalveston Townsite
Land UseDuplexes
Legal DescriptionABST 628 M B MENARD SUR LOT A (6-1) FENIX RPLT (2024)
Census Tract725100
Assessed Land Value$80,410
Assessed Improvement Value$150,120
Assessment Year2025

About this property

Nestled in the historic charm of Galveston, Texas, this enchanting 1950s cottage captures the essence of coastal living with its timeless appeal and unique character. Discover a piece of history reimagined, offering both vintage charm and modern comfort in every corner. Set against the backdrop of Galveston's storied streets, this cottage exudes curb appeal with its classic architecture and well-preserved facade. Step through the front door to unveil a bygone era brought to life with original hardwood floors & vintage fixtures. The cozy living spaces are adorned with coved ceilings, showcasing the craftsmanship of a time when homes were designed with both style and functionality in mind. While preserving its historic charm, this cottage has been thoughtfully updated to meet the demands of contemporary living. A modern kitchen awaits, featuring stainless steel appliances, quartz countertops, and custom cabinetry. 2 lots next door are included with the property.

Investor Tools

Property Icon
$368,000
Estimated Property Value
$279,650Estimated Mortgage Balance
$97,965Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,073
$230,530
2025
$80,410
$150,120
$230,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,073
$230,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$279,650
No
First
Jun 6, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,035
$29,965
9%
73%
$1,677/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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3705 Avenue L | Property Details | No Agent List