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$295,000

5507 Menard Ave, Galveston, TX, 77551

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,562 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.86 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesGas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size4,199 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN6720-0003-0002-000
Lot Number2
SubdivisionStandard Dredging
Land UseResidential
Legal DescriptionABST 628 PAGE 91 LOT 2 BLK 3 STANDARD DREDGING RESUB
Census Tract725300
Assessed Land Value$71,360
Assessed Improvement Value$176,470
Assessment Year2025

About this property

Step inside 5507 Menard and you'll notice the layout right away, open and easy, with vinyl plank flooring running through every room. Windows bring in a nice amount of natural light, backed up by LED fixtures throughout. The stone accent wall and electric fireplace give the room real presence, the kind of feature that gets noticed the moment you walk in. The kitchen carries quartz counters into the dining area and both bathrooms, and the primary bath is a standout, well done from top to bottom. Stainless steel appliances and a tankless water heater round out the practical touches. Outside, front and rear decking gives you space to sit with a coffee or host a crowd, just a short ride from the Seawall and everything Galveston Island has to offer. Schedule your showing today.

Investor Tools

$186,998Estimated Mortgage Balance
$99,690Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Freddie Palomarez

The Realty Bridge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,890
$247,830
2025
$71,360
$176,470
$247,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,890
$247,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Flipco Financial Llc
Open End Mortgage / Open End With Future Advance Clause
$202,500
No
First
Apr 6, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,998
$91,002
32%
65%
$1,215/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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5507 Menard Ave | Property Details | No Agent List