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B+
NoAgentList RatingHow are grades calculated? Info
Days94Days on Market
Views1view

$358,000

4323 Avenue R 1/2, Galveston, TX, 77550

$376,232 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,070 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.95 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
AppliancesMicrowave
FlooringTile, Wood

Exterior

Lot Size5,140 sqft

Building Information

Year Built1995
Stories1
Roof Type105

Land Information

APN3510-0132-3002-000
Lot Number2
SubdivisionGalveston Outlots
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 2 SE BLK 132 GALVESTON OUTLOTS
Census Tract725000
Assessed Land Value$93,300
Assessed Improvement Value$321,700
Assessment Year2025

About this property

FULLY RENTED INCOME-PRODUCING HOME — TWO HOMES, ONE PRICE! Affordable coastal living with endless possibilities! This Galveston home includes two separate residences, both currently rented, offering an incredible investment opportunity or flexible living setup. The front home features 2 bedrooms and 1 bath, while the rear unit includes 2 bedrooms and 2 baths—perfect for extended family, guests, or continued rental income. Freshly painted inside and out, both homes have a bright, move-in-ready feel, and the downstairs area provides ample storage space for beach gear, bikes, or tools. Conveniently located near the Seawall, dining, and local attractions, this home delivers comfort, functionality, and value—an ideal choice for investors or anyone seeking the best of island living. Two homes, one price, endless opportunity!

Investor Tools

Property Icon
$415,000
Estimated Property Value
$67,000Estimated Mortgage Balance
$372,108Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$376,232
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Cynthia Corder

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$771/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,182
$415,000
2025
$93,300
$321,700
$415,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,182
$415,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Don M Grove
Seller Carryback / Seller Financing / Seller Take-Back
$67,000
No
First
Apr 20, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,068
$371,932
89%
10%
$402/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.

Explore Texas Explore This Area
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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4323 Avenue R 1/2 | Property Details | No Agent List