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$223,000

7121 Avenue P 1/2, Galveston, TX, 77551

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths844 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$266.59 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringVinyl

Exterior

Lot Size6,752 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4305-0000-0019-000
Lot Number19
SubdivisionJones (Lt 110,117 Etc)
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 19 JONES SPECIAL SUB
Census Tract725800
Assessed Land Value$8,820
Assessed Improvement Value$183,810
Assessment Year2025

About this property

Imagine living just minutes from the beach, Moody Gardens, and Schlitterbahn in this beautifully updated Galveston bungalow! Bright and inviting, this home features fresh interior paint, updated flooring, a modern kitchen with granite countertops, stylish lighting, and thoughtful touches that make every room feel warm and welcoming. Step outside to a spacious back deck—the perfect place for sunset dinners, weekend gatherings, or simply relaxing under the stars. A large garage with a handy workbench offers plenty of storage and workspace for beach toys, hobbies, or projects. Even better, the off-street parking and fenced yard make this home ideal for full-time living. An extra lot next door is included, giving you more space to expand, garden, or create your own outdoor retreat. Whether you’re looking for a forever home or an investment property, this bungalow is move-in ready and full of charm and potential. Come see it in person and fall in love!

Investor Tools

Property Icon
$223,000
Estimated Property Value
$129,000Estimated Mortgage Balance
$111,738Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,732
$189,403
2025
$8,820
$183,810
$192,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,732
$189,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Timothy L Whitondre
Unknown
$129,000
No
First
Jun 1, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,262
$111,738
50%
50%
$774/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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7121 Avenue P 1/2 | Property Details | No Agent List