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$320,000

41 South Shore Drive, Galveston, TX, 77551

$322,641 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,808 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.47 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringVinyl

Exterior

Lot Size8,525 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6640-0000-0030-000
Lot Number30
SubdivisionSouth Shore
Land UseResidential
Legal DescriptionABST 121 PAGE 82 & 83 LOT 30 & W 29 FT OF LOT 29 SOUTH SHORE SUB
Census Tract725300
Assessed Land Value$128,320
Assessed Improvement Value$166,510
Assessment Year2025

About this property

Charming home with 4 beds, 2 baths, & 2 car detached garage at the end of a cul-de-sac. Flooring throughout replaced, bathrooms remodeled, & kitchen updated in 2021. More recent updates include new central HVAC in 2024 (gas heat), 2" custom blinds throughout the home, new ADA height toilets, & pantry cabinets in kitchen. Primary bedroom has a large walk in closet & updated bath. Updated kitchen in the center of the home opens to the great room with fireplace. The split floorplan with 2 bedrooms on each side of the house allows for privacy for when guests come to visit. Large, fenced back yard is great for entertaining, especially with views of the Moody Gardens fireworks! Refrigerator & washer/dryer negotiable. Having the garage entrance on Heards Lane allows a close & convenient trip to the 61st corridor for restaurants, shopping, & services. Only .5 miles from public boat ramp and fishing pier.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$0Estimated Mortgage Balance
$80,420Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$322,640
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,385
$294,830
2025
$128,320
$166,510
$294,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,385
$294,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Same Day Cash Financing Llc
Commercial
$245,000
No
First
Feb 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,580
$80,420
25%
75%
$1,469/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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41 South Shore Drive | Property Details | No Agent List