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$415,000

4018 Reeves, Galveston, TX, 77554

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$310.16 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer Included, Washer Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesSide Yard
Lot Size5,998 sqft

Building Information

Year Built1980
Stories1
Roof Type121
Garage Spaces1

Land Information

APN6375-0000-0659-000
Lot Number659
SubdivisionSea Isle (Orig)
Land UseResidential
Legal DescriptionABST 121 PAGE 19 LOT 659 SEA ISLE
Census Tract726102
Assessed Land Value$120,000
Assessed Improvement Value$289,330
Assessment Year2025

About this property

Welcome to your Sea Isle getaway! Whether you’re looking for a full-time residence, vacation home, or investment property, this spacious coastal retreat offers the flexibility to fit your lifestyle. Inside, the open-concept floor plan features vaulted ceilings and exposed wood beams, creating a warm and inviting atmosphere. The main level includes a spacious primary suite with an en-suite bathroom, an additional bedroom and full bathroom, plus the convenience of a full-size washer and dryer. Upstairs, a spacious third bedroom offers beautiful bay views and additional room for guests or family. Outside, enjoy a large deck and a fully fenced ground-level entertaining area complete with an outdoor shower and garage. Conveys fully furnished with few exceptions - all you have to do is pack your bags! Ideally located just minutes from the beach and Sea Isle amenities, including the marina with a restaurant and bait shop, tennis courts, swimming pool, boat launch, park, and pavilion.

Investor Tools

$155,141Estimated Mortgage Balance
$286,859Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,652 /month
Positive
Cash Flow Estimate:
$884 /month

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Alicia Swartz

RE/MAX Leading Edge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
$318/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,778
$409,330
2025
$120,000
$289,330
$409,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,778
$409,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$198,000
No
First
Jul 27, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,141
$286,859
64%
35%
$1,188/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,506/mo
+$274/mo
4.8%

City: Galveston