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$900

5023 Avenue N 1/2, Galveston, TX, 77551

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,282 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.7 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Gas Range, Dryer, Refrigerator, Washer
FlooringWood

Exterior

Lot Size5,140 sqft

Building Information

Year Built1995
Stories1
Roof Type115
Garage Spaces3

Land Information

APN2965-0079-0003-000
Lot Number3
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 3 & E 7 FT OF LOT 2 & W 10-10 FT OF LOT 4 BLK 79 DENVER RESURVEY
Census Tract725300
Assessed Land Value$84,250
Assessed Improvement Value$406,710
Assessment Year2025

About this property

Available to RENT By Room or Whole House - ALL BILLS PAID!! 3 Rooms Available | 2 Full Bathrooms Primary - $900/month - private bath Secondary - $800/month - shared bath Full house - $2,500/month Come experience the charm of this beautifully updated Galveston bungalow, conveniently located near the beach, shopping, dining, and UTMB. This spacious home offers abundant natural light, original hardwood floors, exposed wood ceilings, and timeless vintage details throughout. The kitchen features updated appliances including a refrigerator, stove, and microwave, while the bathrooms showcase classic tile work and modern finishes. Enjoy the convenience of an in-home washer and dryer, brand-new HVAC system installed in 2024, updated plumbing, and fresh interior paint.

Investor Tools

$293,084Estimated Mortgage Balance
$198,360Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,946 /month
Positive
Cash Flow Estimate:
$982 /month

Interested in this property?

Karl McGarvey

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,889
$490,960
2025
$84,250
$406,710
$490,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,889
$490,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Real Estate Investing Texas Llc
Unknown
$306,000
No
First
Jan 3, 2024
Jan 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,084
$197,876
40%
60%
$1,835/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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