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$778,608

NAL Estimated Property Value

5103 Avenue O, Galveston, TX, 77551

Off MarketInfo
CommercialInfo
Beds8 Beds
Baths8 Bath
Baths4,752 Sq Ft
Multi FamilyMulti Family
price_per_sqft$210.44 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
FlooringLaminate, Tile

Exterior

Exterior FeaturesPrivate Entrance
Lot Size6,957 sqft

Building Information

Year Built1978
Stories2
Roof Type172

Land Information

APN2965-0091-0010-001
Lot Number9-12
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR PT OF LOTS 9 THRU 12 (10-1) BLK 91 DENVER RESURVEY
Census Tract725400
Assessed Land Value$108,170
Assessed Improvement Value$702,930
Assessment Year2025

About this property

“Cozy Corner 8” presents a rare opportunity to acquire a fully renovated, income-producing 8-unit multi-family property in the heart of Galveston, TX. Each unit offers a +/- 594sf one-bedroom, one-bath layout equipped with two window A/C units for tenant comfort. The property includes private rear yard access, off-street parking, and mature landscaping, all contributing to tenant satisfaction and retention. Currently operating as a mix of short-term Airbnb rentals and long-term leases, the building provides investors with both immediate cash flow and flexibility to optimize returns. Four units are fully furnished, and two are actively listed on Airbnb, while additional demand is captured through Furnished Finder, catering specifically to UTMB interns and medical professionals. Professional property management is already in place, with rigorous credit, background, and income verification ensuring a reliable tenant base.

Investor Tools

Property Icon
$778,608
Estimated Property Value
$0Estimated Mortgage Balance
$778,608Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,229
$778,608
2025
$108,170
$702,930
$811,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,229
$778,608

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$778,608
100%
0%
$0/mo

City: Galveston