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$73,843

6201 Broadway St, Galveston, TX, 77551

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size17,049 sqft

Land Information

APN2715-0002-0005-000
Lot Number5-10
SubdivisionCohen Robert I
Land UseVacant Land
Legal DescriptionABST 121 HALL & JONES SUR LOTS 5 THRU 10 BLK 2 ROBERT I COHEN SUB
Census Tract725800
Assessed Land Value$397,930
Assessment Year2025

About this property

Prime Commercial Property in a Prime Location! Size: 17,000 sq ft Frontage: 118' on I-45 feeder and 141' on 62nd Street Highlighted as a commercial zone with multiple potential uses like a strip center, condos, or duplexes. Features: High-profile location across from Home Depot Adjacent to two high-profile hotels Electric meter onsite Opportunities: Build to suit or lease Suitable for beach rentals, food trucks, etc. Lease Details: Lease amount will depend on property use and terms Subject to City of Galveston building and business requirements, permitting, and utilities Contact us for more details and to explore this prime commercial opportunity!

Investor Tools

Property Icon
$73,843
Estimated Property Value
$225,000Estimated Mortgage Balance
$0Estimated Equity
-205% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,065
$73,843
2025
$397,930
N/A
$397,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,065
$73,843

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Open End Mortgage / Open End With Future Advance Clause
$225,000
No
First
May 13, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,156
N/A
0%
282%
$1,349/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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6201 Broadway St | Property Details | No Agent List