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$529,000

NAL Estimated Property Value

3817 Avenue O 1/2, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.56 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size5,136 sqft

Building Information

Year Built1960
Stories1
Roof Type115
Garage Spaces2

Land Information

APN3510-0060-2004-000
Lot Number4
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 4 SW BLK 60 GALVESTON OUTLOTS
Census Tract725000
Assessed Land Value$93,270
Assessed Improvement Value$236,730
Assessment Year2025

About this property

Pristine classic bungalow located in Mid-town Galveston with sought after one bedroom garage apartment. This smartly updated move-in ready home has been completely remodeled with the contemporary family in mind. The home has a spacious covered front porch and remodeled back patio ideal for relaxation or entertainment. This open concept home has nine foot ceilings, hardwood flooring and ceilings, and ceramic tile in wet areas. Recessed lighting, ceiling fans with light fixtures, crown molding, solid wood doors, tankless water heaters, PEX plumbing, closed cell foam under home, generator hook up, new electrical panel, mini-split installation and central A/C and heat. The kitchen features Dolomite counters, stainless steel built-in appliances with a five burner direct cooktop. Recent HVAC system. Income producing remolded one bedroom apartment with hardwood floors and ceilings, which gives it a lot of charm. The apartment was featured in The Houston Chronical. Truly one of a kind!

Investor Tools

Property Icon
$529,000
Estimated Property Value
$164,558Estimated Mortgage Balance
$364,442Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,595
$330,000
2025
$93,270
$236,730
$330,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,595
$330,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$167,000
No
First
Jul 18, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,558
$337,442
67%
31%
$1,002/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.

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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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3817 Avenue O 1/2 | Property Details | No Agent List