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$459,000

NAL Estimated Property Value

3921 Mendocino Dr, Galveston, TX, 77554

$477,832 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$390.63 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size6,817 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces6

Land Information

APN4478-0001-0006-000
Lot Number6
SubdivisionLaguna San Luis (88)
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 6 BLK 1 LAGUNA SAN LUIS I SUB
Census Tract726102
Assessed Land Value$130,530
Assessed Improvement Value$323,266
Assessment Year2025

About this property

This home has an open floor plan and high ceilings. Ponder an estuary and wetlands facing out toward the bay, nestled by surrounding Green Space, excellent for birdwatching just lounging right off your back deck. Picture a spacious primary suite with French doors open to a deck patio. You can enjoy a cup of Java in the morning fresh out of bed, a glass of wine, or your favorite libation for a romantic evening on the deck. The home is currently a family's second home and a short-term vacation rental. It has been an excellent property for the last five years for the sellers, creating many lifelong memorable memories. This will make a great place to make your home or your second home; you'll find yourself enjoying and relaxing in the area's ambiance and having your little piece of Galveston to retreat to. Home conveys fully furnished. The property is currently professionally managed by Ryson vacation rentals. Rental income upon request-Feel free to reach out for more info!

Investor Tools

Property Icon
$459,000
Estimated Property Value
$376,040Estimated Mortgage Balance
$82,960Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$477,832
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$701/month
$590/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,113
$453,796
2025
$130,530
$323,266
$453,796
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,113
$453,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$400,000
No
First
Feb 23, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,040
$82,960
18%
82%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$2,989/mo
$-1,209/mo
4.7%

City: Galveston

3921 Mendocino Dr | Property Details | No Agent List