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$323,000

5118 Avenue M, Galveston, TX, 77551

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,946 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.98 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringTile

Exterior

Lot Size3,001 sqft

Building Information

Year Built1950
Stories1
Roof Type112
Garage Spaces2

Land Information

APN2965-0030-0021-000
Lot Number21
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 21 BLK 30 DENVER RESURVEY
Census Tract725200
Assessed Land Value$53,250
Assessed Improvement Value$204,844
Assessment Year2025

About this property

Located in the heart of Galveston Island, this inviting 4-bedroom, 2-bath home captures the relaxed coastal lifestyle buyers are searching for. The spacious living area is filled with natural light, creating an open and comfortable setting for everyday living or entertaining guests. Generous storage throughout makes it easy to keep beach gear and daily essentials organized. Enjoy the convenience of being just a short 5-minute walk to the beach, where morning strolls and evening sunsets become part of your routine. The backyard offers plenty of space for gatherings, barbecues, or simply unwinding after a day on the water. An oversized garage provides flexibility for parking, storage, a workshop, or a home gym setup. Whether you’re looking for a primary residence, vacation home, or investment opportunity, this property offers space, location, and coastal charm all in one.

Investor Tools

$0Estimated Mortgage Balance
$320,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

Interested in this property?

Mickey Cavazos

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,048
$258,094
2025
$53,250
$204,844
$258,094
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,048
$258,094

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$339,000
100%
0%
$0/mo

City: Galveston