Last 24 Hours
$426,060
NAL Estimated Property Value5011 Avenue N, Galveston, TX, 77551
Off Market
Commercial
2 Beds
1 Bath
1,188 Sq Ft
Multi Family
$251.68 / sqft
Built in 1965Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesRefrigerator
FlooringTile, Wood
Exterior
Lot Size6,003 sqft
Building Information
Year Built1965
Stories1
Roof Type105
Garage Spaces4
Land Information
APN2965-0066-0007-000
Lot Number7,8
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOTS 7 & 8 BLK 66 DENVER RESURVEY
Census Tract725300
Assessed Land Value$95,100
Assessed Improvement Value$330,960
Assessment Year2025
About this property
Very Clean and well maintained property. The front house, 2/1 is a high raised cottage with beautiful hardwood floors , generously sized rooms, separate living and dining rooms and an extra room off the kitchen that could be breakfast room but is currently used as an office, Fenced backyard and large side yard, and a Large garage that covers the entire floorplan of the house. The back house is 1/1 489 sq/ft with off street parking and private fenced yard
Investor Tools
$426,060
Estimated Property Value
$2,035,571Estimated Mortgage Balance
$426,060Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,556 /month
Positive
Cash Flow Estimate:
$852 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,148
$426,060
2025
$95,100
$330,960
$426,060
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,148
$426,060
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Housemax Funding Fund I Llc
Open End Mortgage / Open End With Future Advance Clause
$2,246,200
No
First
Jun 24, 2021
Jul 2024
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,035,571
N/A
0%
478%
$13,468/mo
12.4%