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$372,000

619 Winnie St, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths1,824 Sq Ft
Multi FamilyMulti Family
price_per_sqft$167.21 / sqft
Year BuiltBuilt in 1932

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesRefrigerator
FlooringWood, Hardwood

Exterior

Exterior FeaturesPrivate Entrance, Balcony
Lot Size2,579 sqft

Building Information

Year Built1960
Stories2
Roof Type105

Land Information

APN3505-0306-0003-002
Lot Number3
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR W 1/2 OF LOT 3 (3-2) BLK 306 GALVESTON
Census Tract724300
Assessed Land Value$113,780
Assessed Improvement Value$157,460
Assessment Year2025

About this property

AMAZING INVESTMENT OPPORTUNITY! Updated duplex is ideally situated near UTMB and the Seawall. Upstairs & downstairs units have been remodeled and could be used as short-term vacation rentals, long-term leases, weekend getaways, or a primary residence! Gorgeous hardwood floors. Large bedrooms in both units can accommodate king-size beds. Stylish kitchens, separate dining rooms and living rooms. Upstairs unit has a balcony off the bedroom and a balcony facing the Gulf. Front porch and back deck on the ground level. Fully fenced back yard for your fur babies and additional parking in the back off the alley. Most furnishings can be included. Seller is motivated!!No previous flooding. No power loss in 2021 freeze, home is on hospital power grid.

Investor Tools

Property Icon
$372,000
Estimated Property Value
$214,200Estimated Mortgage Balance
$155,867Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,232 /month
Positive
Cash Flow Estimate:
$744 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$524
$271,240
2025
$113,780
$157,460
$271,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$524
$271,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$214,200
No
First
Apr 19, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,168
$147,832
41%
55%
$1,285/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.

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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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619 Winnie St | Property Details | No Agent List