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$1,300,000

NAL Estimated Property Value

5905 Broadway, Galveston, TX, 77551

Off MarketInfo

About this property

1.2 acres of beautiful waterfront property just waiting for a gorgeous boutique hotel with wedding chapel for destination weddings, a Boardwalk shopping area, or any type of high end entertainment facility. The city has this property zoned as recreational. There will be a paved utility and access easement deeded with the property.

Investor Tools

Property Icon
$1,300,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,300,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

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Financing Details

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

City: Galveston

5905 Broadway | Property Details | No Agent List