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$254,510

5614 Avenue P 1/2 A, Galveston, TX, 77551

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.82 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher, Oven
FlooringVinyl

Exterior

Lot Size1,498 sqft

Building Information

Year Built2024
Stories1
Roof Type105

Land Information

APN2965-0120-0017-001
Lot Number18
SubdivisionDenver Resurvey
Land UseVacant Land
Legal DescriptionABST 628 M B MENARD SUR N 60 FT OF LOT 18 (17-1) BLK 120 DENVER RESURVEY
Census Tract725400
Assessed Land Value$31,580
Assessed Improvement Value$222,930
Assessment Year2025

About this property

Welcome to your dream home in the heart of Galveston, TX, where modern design meets comfort and efficiency. This brand new build features two spacious bedrooms and two full bathrooms perfect for anyone seeking a contemporary living space. As you step inside you'll be greeted by an open floor plan that seamlessly connects the living room to the kitchen, ideal for entertaining and everyday living. The kitchen is a chef's delight equipped with the latest appliances, sleek countertops, and stylish cabinetry with lighting underneath that provides both ambiance and practicality. Energy efficiency is at the forefront of this home’s design, highlighted by LED lighting throughout and a state-of-the-art tankless water heater, ensuring endless hot water and reduced utility bills. Both bathrooms are elegantly appointed with modern fixtures and finishes that create a spa-like atmosphere. Make this beautiful home yours and experience the perfect combination of luxury and sustainability in Galveston.

Investor Tools

Property Icon
$254,510
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$606
$254,510
2025
$31,580
$222,930
$254,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$606
$254,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$262,525
Yes
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,509
N/A
0%
101%
$1,574/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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