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$215,000

NAL Estimated Property Value

61 E E Toledo Road, Galveston, TX, 77554

Off MarketInfo

About this property

Super rare canal lot in desirable Spanish Grant subdivision. Premium corner location on a cul de sac. This may be one of the largest canal lots in Spanish grant, with 9,250 square feet. Lots of flexibility with the orientation of the house, garage and boat house, with a combined 220 square feet of road frontage and 80 feet of canal frontage. Excellent elevation above sea level. Elevated concrete bulk-head. Possibly plenty of room for a swimming pool, buyer to confirm. The beachfront is easy to access with a short golf cart ride. Survey in hand and a local builder is available to discuss potential orientation of the canal home. Hurry, canal lots on Galveston Island are becoming more and more rare.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$0Estimated Mortgage Balance
$215,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$600/month
5.947%

City: Galveston

61 E E Toledo Road | Property Details | No Agent List