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$495,000

715 Broadway St, Galveston, TX, 77550

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,211 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.88 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size5,162 sqft

Building Information

Year Built1955
Stories2
Roof Type105

Land Information

APN3505-0127-0004-000
Lot Number4
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 4 BLK 127 GALVESTON
Census Tract724400
Assessed Land Value$234,780
Assessed Improvement Value$342,130
Assessment Year2025

About this property

$55k Price Reduction! Motivated Seller! This property is located ONE BLOCK from SEAWALL BLVD and STEWART BEACH, providing easy access to local attractions and beach views. Historic 1910 structuring, adding aesthetic and character to the venue. The FIRST FLOOR is dedicated to wedding ceremonies with its high ceilings and historic features. The spacious CHAPEL room has ample seating, with an AV BOOTH for sound and video recording enhancing the ceremony experience, a ceremony STAGE, a BRIDAL ROOM for the bridal party to prepare in privacy and comfort, and two restrooms for guest convenience. Opposite the chapel is a LOUNGE AREA with a FIREPLACE, a comfortable space for guests before the ceremony. The OUTDOOR PATIO offers a SPACIOUS area behind the building suitable for wedding receptions or outdoor gatherings. The SECOND and THIRD FLOORS provide flexible living arrangements include a Living Room, Kitchen/Dining area, Large Bedroom, Full Bath, Outdoor Patio with OCEAN VIEW and a HOT TUB.

Investor Tools

$33,477Estimated Mortgage Balance
$510,523Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

Interested in this property?

Rick Garcia

Carlos Garcia Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$990
$281,961
2025
$234,780
$342,130
$576,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$990
$281,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James H Murphy
Seller Carryback / Seller Financing / Seller Take-Back
$100,000
No
First
Mar 17, 2003
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,477
$510,523
93%
6%
$600/mo

City: Galveston