$1,800
5119 Avenue O 1/2, Galveston, TX, 77551
On Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Electric Oven
Exterior
Lot Size3,999 sqft
Building Information
Year Built1960
Stories1
Roof Type105
Garage Spaces2
Land Information
APN2965-0102-0004-000
Lot Number4
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 4 & W 8-4 FT OF LOT 5 BLK 102 DENVER RESURVEY
Census Tract725400
Assessed Land Value$68,480
Assessed Improvement Value$234,790
Assessment Year2025
About this property
Beach vibes meet modern comfort in the heart of Galveston! Just blocks from the shore, this updated Midtown home features an open floor plan, abundant natural light, and warm bamboo flooring. Major upgrades include a new roof and fence (2024), AC unit (2023), water heater and in-wall vacuum system (2022), and HVAC system (2021). Enjoy an updated kitchen, spacious living and dining areas, an oversized primary suite with a travertine walk-in shower, generous storage, a private fenced yard, and a large two-car garage. Move-in ready and minutes from the beach!
Investor Tools
$179,041Estimated Mortgage Balance
$125,052Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,820 /month
Positive
Cash Flow Estimate:
$607 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,314
$303,270
2025
$68,480
$234,790
$303,270
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,314
$303,270
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$182,250
No
First
May 13, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,041
$124,229
40%
59%
$1,093/mo
