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$520,000

4404 Avenue N 1/2, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,857 Sq Ft
Multi FamilyMulti Family
price_per_sqft$136.51 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,242 sqft

Building Information

Year Built1935
Stories2
Roof Type115
Garage Spaces2

Land Information

APN7785-0000-0021-000
Lot Number21
SubdivisionZinn & Cheeseborough
Land UseResidential
Legal DescriptionABST 628 PAGE 107 LOT 21 ZINN & CHEESEBOROUGH SUB
Census Tract725300
Assessed Land Value$112,260
Assessed Improvement Value$307,740
Assessment Year2025

About this property

INCOME PRODUCING triplex with long-term renters in each unit. This can be a personal residence with two rental units downstairs if desired to make a unique investment. Unit #1 has one bedroom and one bathroom, #2 has two bedrooms and one bathroom, and #3 upstairs has two bedrooms and one bathroom. Central cooling and heating was added upstairs. Window units with cooling and heating functions are downstairs. #1 and #2 are mirror images of each other; #2 has an added back bedroom. All bathrooms have shower/tub combinations and tile flooring. This home is conveniently CENTRALLY LOCATED with easy access to Broadway, Seawall, Galveston Beach, UTMB, Moody Gardens, Pleasure Pier, and local shopping. Just two blocks from Ball High School and tennis courts, and within 3-5 blocks to Galveston College and community pool. The owner has kept up with necessary maintenance and has made many improvements throughout the years. Ask your Realtor for a copy of the updates and to SCHEDULE AN APPOINTMENT.

Investor Tools

Property Icon
$520,000
Estimated Property Value
$399,000Estimated Mortgage Balance
$137,213Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,175
$420,000
2025
$112,260
$307,740
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,175
$420,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$399,000
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,787
$135,213
26%
74%
$2,393/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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4404 Avenue N 1/2 | Property Details | No Agent List