$395,000
502 E Galveston St, Marfa, TX, 79843
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size13,504 sqft
Building Information
Year Built1932
Land Information
APN131000000650008000000
Lot Number8,9
SubdivisionMarfa
Land UseResidential
Legal Description65, MARFA LOTS 8-9
Assessed Land Value$98,160
Assessed Improvement Value$52,180
Assessment Year2025
About this property
Experience Marfa your way - this unique series of 3 independent dwellings offers flexibilty & a lock & leave ease. Each insulated unit has a bathroom, one unit has a kitchen & bedroom with a unit being dedicated to laundry & den and a third unit as a study/ office with room for a bed. Property includes xeriscaping, tiled plunge pool, wood fire pit & half regulation Bocce court, observation deck above dwelling 2 - Sunsets & sunrises come with the views of Marfa & ranch lands for miles.
Investor Tools
$0Estimated Mortgage Balance
$365,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,938
$150,340
2025
$98,160
$52,180
$150,340
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,938
$150,340
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$365,000
100%
0%
$0/mo
