$299,000
4907 Alamo Drive, Galveston, TX, 77551
On Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringVinyl
Exterior
Lot Size5,998 sqft
Building Information
Year Built1965
Stories1
Roof Type105
Garage Spaces1
Land Information
APN7791-0017-0008-000
Lot Number8
SubdivisionW M Zinn Sub (96)
Land UseResidential
Legal DescriptionABST 628 PAGE 98 LOT 8 BLK 17 W M ZINN SUB
Census Tract725300
Assessed Land Value$95,100
Assessed Improvement Value$145,560
Assessment Year2025
About this property
Beautifully updated home blending modern improvements with original charm. Historic shiplap walls highlight the character of the space, paired with new flooring, roof, hvac, siding, and fresh paint. The galley kitchen features all-new appliances, open shelving, and efficient workspace. The oversized backyard offers ample outdoor area, while the detached storage shed with alley access provides convenient golf-cart storage or additional space. Conveniently located with easy access to island attractions.
Investor Tools
$231,943Estimated Mortgage Balance
$64,057Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,871
$240,660
2025
$95,100
$145,560
$240,660
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,871
$240,660
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Real Estat Fund I Lp
Unknown
$237,190
No
First
Mar 26, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,943
$64,057
21%
78%
$1,423/mo
