$350,000
915 11th St, Galveston, TX, 77550
$407,188 ARV
On Market
Commercial
Highlights
Interior
AppliancesRange, Microwave, Dishwasher, Refrigerator
FlooringStone, Wood
Exterior
Exterior FeaturesBalcony
Lot Size3,428 sqft
Building Information
Year Built1915
Stories2
Roof Type105
Garage Spaces1
Land Information
APN3505-0191-0008-001
Lot Number8,9
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR N 40 FT OF LOTS 8 & 9 (8-1) BLK 191 GALVESTON
Census Tract724300
Assessed Land Value$185,210
Assessed Improvement Value$328,040
Assessment Year2025
About this property
Beautifully remodeled Historic Duplex with garage apartment. All units have W/D, Granite and/or hardwood floors, Granite countertops, offstreet parking, outdoors space balcony or small yard. Great income property close to UTMB. Upstairs unit is furnished and has Gulf view. Downstairs unit has centrals. All units currently leased can show unit 2 only. The other 2 can be shown on second showing.
Investor Tools
$168,006Estimated Mortgage Balance
$311,059Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$407,187
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,873 /month
Positive
Cash Flow Estimate:
$958 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$775/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,905
$478,800
2025
$185,210
$328,040
$513,250
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,905
$478,800
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$172,883
No
First
Oct 11, 2024
May 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,006
$310,794
64%
35%
$1,037/mo
