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$464,000

NAL Estimated Property Value

3723 Avenue M 1/2, Galveston, TX, 77550

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.22 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDisposal, Gas Oven, Microwave, Gas Range
FlooringTile, Vinyl

Exterior

Lot Size3,899 sqft

Building Information

Year Built1958
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3510-0010-3002-001
Lot Number2
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR E 32-6 OF LOT 2 (3002-1) SE BLK 10 GALVESTON OUTLOTS
Census Tract725100
Assessed Land Value$78,350
Assessed Improvement Value$286,780
Assessment Year2025

About this property

Welcome to a one-of-a-kind, wonderful Galveston property! G-Town is known for a relaxing laid-back vibe and this property has it in spades! Situated at the back of its lot, this raised home feels as if you are in a tree house. The beach bungalow vibe is evident in the 335 sq ft new front deck making it a great place to relax amidst the gulf breezes while overlooking a lushly landscaped front yard oasis (that includes a red grapefruit tree). Of course, its also a great place to entertain! The home’s 1958 pedigree is evident in its restored midcentury style. The mahogany walls, new engineered vinyl flooring, spectacular built-ins in the kitchen, and pass through to the eating area evokes a cool setting. There is a spa-like guest bathroom for the two bedrooms & the primary boasts an en-suite updated bath. Downstairs is a 4th bedroom/office w/ 8' ceilings and 1/2 bath. The other half contains a 2-car tandem garage & space for an art studio/workshop w/ plenty of storage.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$251,638Estimated Mortgage Balance
$212,362Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$929/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,825
$365,130
2025
$78,350
$286,780
$365,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,825
$365,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$273,000
No
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,638
$203,362
44%
54%
$1,637/mo

City: Galveston

3723 Avenue M 1/2 | Property Details | No Agent List