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Owner Contacts

$409,000

NAL Estimated Property Value

4502 Avenue R, Galveston, TX, 77551

Off Market

3 Beds

2 Bath

2,006 Sq Ft

$224.33 / sqft

Built in 1934

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Electric Cooktop, Dishwasher

FlooringVinyl

Exterior

Exterior FeaturesBalcony

Lot Size2,143 sqft

Building Information

Year Built1934

Stories2

Roof Type105

Garage Spaces2

Land Information

APN3510-0106-3008-000

Lot Number1

SubdivisionGalveston Outlots

Land UseCommercial

Legal DescriptionABST 628 M B MENARD SUR LOT 1 SUNSET BEACH (8-000) FKA PT LOT 8 SE BLK 106 GALVESTON OUTLOTS

Census Tract725400

Assessed Land Value$42,090

Assessed Improvement Value$318,710

Assessment Year2025

About this property

Absolutely stunning "White Pearl" for Sale! Zoned Commercial-Residential and can be utilized both ways! Imagine the Possibility of running your own Business ( Candy or Ice Cream Shop, Barber Shop, Boutique or any Retail) on the first floor and live on the second floor or use a full potential of Single Family Residence for your personal use or weekend getaway. House went through major renovation process including: Luxury Vinyl Plank Floors, new soft close Kitchen cabinets accompanied with gorgeous quartz countertops and all brand new appliances, Fully remodeled bathrooms on each floor with new tile all around and new fixtures , new texture and paint inside and outside, ceiling fans, window screens! Amazing high 12ft high ceiling and of course balcony to enjoy morning coffee. Very close to Seawall Blvd, No restrictions, X-500 flood zone, No Mud, Very Low TAX rate, Corner Lot, Parking spot on property, Airbnb allowed! Beautiful Location and Neighborhood!

Investor Tools

$409,000

Estimated Property Value

$326,152Estimated Mortgage Balance

$82,848Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,700 /month

Positive

Cash Flow Estimate:

$900 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$414/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,922

$360,800

2025

$42,090

$318,710

$360,800

Tax History

Year

Tax Paid

Assessed Value

2024

$2,922

$360,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$330,000

First

Sep 26, 2025

Nov 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$326,152

$73,848

18%

80%

$1,979/mo

Learn About the Market: Opportunity in Texas

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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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