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$320,000

NAL Estimated Property Value

41 South Shore Drive, Galveston, TX, 77551

$326,164 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,808 Sq Ft
price_per_sqft$182.47 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee 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 Plank

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
$239,580Estimated Mortgage Balance
$80,420Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$326,163
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

City: Galveston

41 South Shore Drive | Property Details | No Agent List