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$259,500

7302 Jones Dr, Galveston, TX, 77551

$298,982 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,449 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.96 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1977
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4875-0000-0008-000
Lot Number12
SubdivisionMagnolia Heights
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOT 12 & E 5 FT OF LOT 11 BLK 5 MAGNOLIA PARK ADDN
Census Tract725800
Assessed Land Value$8,250
Assessed Improvement Value$155,970
Assessment Year2025

About this property

Nestled in the heart of Galveston, this 3-bedroom, 2.5-bath traditional home offers 2,449 sq ft of comfortable island living on a 5,000 sf lot. Centrally located with easy access to the Seawall, UTMB, historic Strand District, and Galveston's top dining and entertainment, everything the island has to offer is within minutes. Zoned to nearby schools such as Parker elementary, making it a great fit for families planting roots on the island. Inside, enjoy two separate living areas including an expansive downstairs space featuring a wet bar, perfect for hosting. The kitchen opens to the main living area with a breakfast bar. Recent updates include a new water heater, fresh interior paint, new carpet and vinyl flooring, and improved front yard grading for better drainage. The attached 2-car garage offers alley access with a driveway accommodating up to 4 additional vehicles. A private backyard and upstairs balcony round out this move-in ready gem.

Investor Tools

$105,047Estimated Mortgage Balance
$325,271Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$298,981
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Gilbert Zamora III

Happen Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,320
$164,220
2025
$8,250
$155,970
$164,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,320
$164,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barbara S O Neal
Seller Carryback / Seller Financing / Seller Take-Back
$140,000
No
First
Jan 16, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,047
$243,953
69%
24%
$840/mo

City: Galveston

7302 Jones Dr | Property Details | No Agent List