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$340,000

NAL Estimated Property Value

5007 Avenue M, Galveston, TX, 77551

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.05 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Gas Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size3,001 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2965-0042-0009-000
Lot Number9
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 9 BLK 42 DENVER RESURVEY
Census Tract725200
Assessed Land Value$53,250
Assessed Improvement Value$216,550
Assessment Year2025

About this property

SMARTLY UPDATED HOME, BUILT IN 2012 ON STILTS WITH ELEVATOR WHEELCHAIR ACCESS! 9' CEILINGS*NEW WOOD LAMINATE FLOORING*NEW CARPET IN BEDROOMS*FRESH PAINT*UPDATED KITCHEN WITH CORIAN COUNTERS, KOHLER SINK & FAUCETS, WHIRLPOOL STAINLESS STEEL APPLIANCES, GAS OVEN & COOK TOP, MICROWAVE, REFRIGERATOR, GLASS TILE BACK SPLASH AND 1 1/4 HP DISPOSAL*BREAKFAST BAR*RAISED PANEL DOORS*LEVERED DOOR HANDLES*CEILING FANS*COVER BALCONY ON FIRST AND SECOND FLOOR*CAR PORT*ALL THE WORK HAS BEEN DONE*MOVE-IN READY!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$164,704Estimated Mortgage Balance
$175,296Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,578
$269,800
2025
$53,250
$216,550
$269,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,578
$269,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$192,000
No
First
Oct 2, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,704
$185,296
52%
48%
$849/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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5007 Avenue M | Property Details | No Agent List