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$629,000

5525 Ibis Drive, Galveston, TX, 77551

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size8,882 sqft

Building Information

Year Built1963
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6900-0000-0061-000
Lot Number61
SubdivisionSurfside
Land UseResidential
Legal DescriptionABST 628 PAGE 102 LOT 61 SURFSIDE SUB
Census Tract725500
Assessed Land Value$108,780
Assessed Improvement Value$491,474
Assessment Year2025

About this property

Charming 5-bedroom, 3.5-bath coastal beauty, ideally located just 2 blocks from the beach in Midtown Galveston. Spacious chef’s kitchen features gas grill, ample cabinet space, double oven, walk-in pantry & breakfast bar, all opening seamlessly into a large living room;perfect for gathering & entertaining. In addition to the main living area, the home offers a separate den & dedicated dining space for added flexibility.With two primary bedrooms & an office nook on the second level, there’s room for both comfort & productivity. The spa-like primary bathroom is a true retreat, featuring a double-size decorative rain shower w/ a built-in bench, along w/ double sinks & vanity for added comfort. The home’s layout offers plenty of indoor space for entertaining family & friends. Step outside to your own backyard oasis featuring a heated pool. Two-car garage adds convenience & storage.Centrally located, enjoy easy access to grocery stores, shopping, restaurants & local entertainment venues.

Investor Tools

$287,810Estimated Mortgage Balance
$335,190Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

Interested in this property?

Kimberly Gaido

Sand N Sea Properties, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,059/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,590
$600,254
2025
$108,780
$491,474
$600,254
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,590
$600,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$300,000
No
First
Mar 21, 2024
Apr 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,810
$335,190
53%
46%
$1,799/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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