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B+
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Days94Days on Market
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$275,000

5019 Avenue M 1/2, Galveston, TX, 77551

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,596 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.31 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDisposal
FlooringTile, Wood

Exterior

Lot Size2,801 sqft

Building Information

Year Built1963
Stories2
Roof Type115
Garage Spaces3

Land Information

APN6174-0000-0011-001
Lot Number11
SubdivisionRobinson Sub (96)
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR W 1/2 OF LOT 11 (11-1) H REID ROBINSON SUB
Census Tract725200
Assessed Land Value$50,930
Assessed Improvement Value$204,906
Assessment Year2025

About this property

ISLAND CHARM MEETS INCREDIBLE OPPORTUNITY! This refreshed GALVESTON GEM offers a flexible setup with a full single-family home upstairs and a separate efficiency below — perfect for RENTAL INCOME, GUESTS, or MULTI-GENERATIONAL LIVING! The upper level showcases ORIGINAL HARDWOOD FLOORS, a NEW BATHTUB with TILE SURROUND and VANITY, plus a bright kitchen with STYLISH UPDATES and a GAS STOVE. Downstairs, the efficiency is MOVE-IN READY with a TILED SHOWER, UPDATED CABINETS, NEW COUNTERTOPS, and a DROP-IN GAS STOVE. Added conveniences include a GARAGE and IN-HOME UTILITY ROOM for everyday ease. Situated on a SUBDIVISION LOT close to the SEAWALL, shopping, schools, and favorite island dining — this property delivers COMFORT, FLEXIBILITY, and VALUE in one exciting package. LIVE IN ONE, LEASE THE OTHER, or enjoy both — your ISLAND LIFESTYLE starts here!

Investor Tools

Property Icon
$272,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$173,018Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Cynthia Corder

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,600
$255,836
2025
$50,930
$204,906
$255,836
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,600
$255,836

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inspira Financial Trust Llc
Stand Alone Second / Subordinate Position
$100,000
No
First
Nov 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,129
$172,871
63%
36%
$600/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5019 Avenue M 1/2 | Property Details | No Agent List