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$228,000

NAL Estimated Property Value

5602 Lafitte Ave, Galveston, TX, 77551

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,129 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.63 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size6,125 sqft

Building Information

Year Built1995
Stories1
Roof Type105

Land Information

APN4175-0003-0007-000
Lot Number7
SubdivisionJakovich
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 7 BLK 3 JAKOVICH SUB
Census Tract725400
Assessed Land Value$96,840
Assessed Improvement Value$107,330
Assessment Year2025

About this property

AFFORDABLE BEACH HOME IN GALVESTON - THIS HOME WAS TOTALLY REDONE IN 2010 WITH TILE FLOORS; WOOD CABINETS; GRANITE COUNTERTOPS, PLUMBING, ELECTRIC AND ROOF, DOUBLE PANED WINDOWS; AND HARDI SIDING. NO GARAGE BUT THIS CORNER LOT HAS PLENTY OF ROOM TO ADD A GARAGE AND RV STORGE. LAUNDRY ROOM IS VERY LARGE A HALF BATH COULD BE ADDED THERE. THIRD SMALLEST BEDROOM IS UP FRONT IN THE HOME AND COULD BE USED AS A STUDY OR BEDROOM. THIS HOME WOULD MAKE FOR AN AWESOME BEACH HOUSE GET AWAY, CLOSE TO ALL THAT GALVESTON HAS TO OFFER. ISLAND LIVING IS WATING FOR YOU!!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$142,406Estimated Mortgage Balance
$85,594Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,215
$204,170
2025
$96,840
$107,330
$204,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,215
$204,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$157,102
Yes
First
Apr 25, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,406
$72,594
33%
62%
$989/mo

City: Galveston

5602 Lafitte Ave | Property Details | No Agent List