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$330,000

5018 Avenue P, Galveston, TX, 77551

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,509 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.69 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal

Exterior

Lot Size5,401 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2965-0103-0019-000
Lot Number19
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 19 & W 10 FT OF LOT 18 & E 10 FT OF LOT 20 BLK 103 DENVER RESURVEY
Census Tract725400
Assessed Land Value$87,640
Assessed Improvement Value$243,419
Assessment Year2025

About this property

Fantastic, brick-built Galveston bungalow with three large bedrooms and an oversized two car garage. Private back yard. Custom built-in cabinets in the dining room. Arrangements could be made to make the garage entry from the alley. Plenty of parking. Sturdy home. Fantastic shaded front porch, especially in the summer sun. Upgraded HVAC, (1 year old condenser) insulation, windows, and more. Come make this your Galveston get away. Or make it a great investment property.

Investor Tools

$134,730Estimated Mortgage Balance
$196,589Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,986 /month
Positive
Cash Flow Estimate:
$662 /month

Interested in this property?

Bain McEldowney

Latitude 29 Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,336
$331,059
2025
$87,640
$243,419
$331,059
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,336
$331,059

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$148,384
No
First
Jul 22, 2021
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,730
$202,270
60%
41%
$890/mo

City: Galveston