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$1,089,000

NAL Estimated Property Value

4720 Avenue O 1/2, Galveston, TX, 77551

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths7,664 Sq Ft
price_per_sqft$143.53 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator
FlooringConcrete

Exterior

Lot Size12,001 sqft

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN2965-0087-0021-000
Lot Number21-24
SubdivisionDenver Resurvey
Land UseCommercial
Legal DescriptionABST 628 M B MENARD SUR LOTS 21 THRU 24 BLK 87 DENVER RESURVEY
Census Tract725400
Assessed Land Value$127,620
Assessed Improvement Value$187,380
Assessment Year2025

About this property

A rare adaptive-reuse opportunity featuring a former chapel paired with a secondary building on a private,landscaped site in central Galveston.Built in 1970,the primary structure offers a dramatic interior defined by vaulted wood ceilings,exposed beams,and preserved stained-glass clerestory windows that fill the space with natural light.The architect,Tibor Beerman,also designed the Galveston County Courthouse,adding architectural significance.The open studio-style layout includes defined living areas,a glass-enclosed workspace,kitchen, bathroom,and multiple flexible sleeping or creative-use zones,along with mezzanine space overlooking the main interior.A large stained-glass installation displayed in the entry serves as a striking focal point.The secondary building features a spacious 1st floor workshop with upper-level areas ready for future build-out,connected by a central courtyard.Historical documents and blueprints convey.2 structures total approximately 7,664 SF of adaptable space

Investor Tools

Property Icon
$1,089,000
Estimated Property Value
$340,122Estimated Mortgage Balance
$749,486Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$908/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,452
$306,130
2025
$127,620
$187,380
$315,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,452
$306,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$365,000
No
First
Sep 20, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,122
$748,878
68%
31%
$2,189/mo

City: Galveston

4720 Avenue O 1/2 | Property Details | No Agent List