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$244,000

NAL Estimated Property Value

812 18th Street, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,129 Sq Ft
price_per_sqft$199.2 / sqft
Year BuiltBuilt in 1886

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesRefrigerator Included
FlooringWood

Exterior

Lot Size2,256 sqft

Building Information

Year Built1964
Stories1
Roof Type105

Land Information

APN3505-0257-0001-001
Lot Number1,2
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR S PT OF LOTS 1 & 2 (1-1) BLK 257 GALVESTON
Census Tract724300
Assessed Land Value$101,610
Assessed Improvement Value$117,170
Assessment Year2025

About this property

Circa 1886 East End raised cottage with many original architectural elements remaining. House is in need of renovation. Center hall floor plan with two bedrooms on one side and a large living/dining area on the other side. Kitchen is very original with porcelain sink with side board. Sleeping porch in back could be a den overlooking fenced backyard. Large attic with an original dedicated staircase. Sellers have been very detailed with the Seller Disclosure as to items needing addressing. House does have central air and heat. Property is completely fenced. There is no survey, buyer will need to get their own survey. There are 1889 and 1899 Sanborn maps showing the house and the old insurance record showing the age of 1886. Please see the maps in attachments. WPI-8s are also in attachments to this listing. Property subject to 1031 Tax Free Exchange at no cost to the Buyer.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$0Estimated Mortgage Balance
$244,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,139
$218,780
2025
$101,610
$117,170
$218,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,139
$218,780

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$244,000
100%
0%
$0/mo

City: Galveston