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$544,000

NAL Estimated Property Value

5020 Sherman Blvd, Galveston, TX, 77551

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.37 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,922 sqft

Building Information

Year Built1995
Stories2
Roof Type115
Garage Spaces3

Land Information

APN2964-0005-0009-000
Lot Number9
SubdivisionDenver Court
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 9 BLK 5 DENVER COURT
Census Tract725500
Assessed Land Value$107,690
Assessed Improvement Value$422,310
Assessment Year2025

About this property

This beautiful home in the sort-after Denver Court neighborhood has a history of superior craftsmanship. At 3,024 square feet on two floors, this 3/5 bedroom home with 2 ½ bathrooms has plenty of room for living. Extra rooms: first floor room is a bedroom, 2nd fl its a dressing room. Highlights include spacious, high ceilinged rooms throughout, updated kitchen w/pantry & laundry(washer/dryer convey). Plenty of storage throughout incl. a cedar closet in attic! 2-car garage w/ workshop, toilet & work sink could make a great garden room. This corner lot w/ fenced backyard has room for pool if desired. The builder/owner Mr. Erikson, was the contractor of the 1929 historic Seawall Buccaneer Hotel. The same artisans designed & constructed the custom tile mantel in living room featuring signature sailing vessels used in hotel. The home was so well built, the entire neighborhood used it to wait out approaching hurricanes. Open House 4/30/22 11 - 1. No private showings until 4/30/22 at 2 pm.

Investor Tools

Property Icon
$544,000
Estimated Property Value
$282,681Estimated Mortgage Balance
$261,319Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,625
$530,000
2025
$107,690
$422,310
$530,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,625
$530,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$305,000
No
First
Jun 6, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,681
$275,319
49%
52%
$1,829/mo

City: Galveston

5020 Sherman Blvd | Property Details | No Agent List