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$368,000

5127 Avenue S, Galveston, TX, 77551

$399,953 ARVInfo
Off MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths2,244 Sq Ft
Multi FamilyMulti Family
price_per_sqft$158.2 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesRange, Refrigerator

Exterior

Lot Size5,998 sqft

Building Information

Year Built1960
Stories2
Roof Type172
Garage Spaces2

Land Information

APN2965-0175-0001-000
Lot Number1,2
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOTS 1 & 2 BLK 175 DENVER RESURVEY
Census Tract725500
Assessed Land Value$95,100
Assessed Improvement Value$177,601
Assessment Year2025

About this property

Up for sale is this triplex with lots of potential located a few blocks from the beach, San Luis Resort and Spa, and Galveston Island's Convention Center. The lot is approximately 6,000 square feet with the triplex sitting at the rear of the property leaving plenty of space up front for another improvement. Each unit, 3 in total, offer 1 bedroom, 1 bathroom, a 1 car garage with washer/dryer connections, wood floors, and lots of charm. With the right touch, this property could be a great rental. Come see it today before it is gone. Currently located in FEMA's flood zone X!

Investor Tools

Property Icon
$368,000
Estimated Property Value
$256,600Estimated Mortgage Balance
$135,461Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$399,952
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,547
$272,701
2025
$95,100
$177,601
$272,701
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,547
$272,701

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$256,600
No
First
Jun 3, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,539
$156,461
40%
63%
$1,539/mo

Learn About the Market: Opportunity in Texas

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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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5127 Avenue S | Property Details | No Agent List