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$112,000

NAL Estimated Property Value

1201 28th Street, Galveston, TX, 77550

$145,600 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,552 Sq Ft
DuplexDuplex
price_per_sqft$418.81 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Refrigerator
FlooringWood, Hardwood

Exterior

Exterior FeaturesBalcony
Lot Size2,570 sqft

Land Information

APN3505-0028-0007-000
Lot Number1
SubdivisionCoastal Casitas (2025) Abst 628
Land UseVacant Land
Legal DescriptionLOT 1 COASTAL CASITAS (2025) ABST 628
Census Tract724700
Assessed Land Value$56,980
Assessment Year2025

About this property

Welcome to Coastal Casitas, a new construction duplex in Galveston offering a rare opportunity to add a brand new multifamily property to your portfolio. Each unit will feature 2 beds and 2 baths, with its own private entrance, kitchen, living area, outdoor access, and separate driveway. Designed with the rental market in mind, the interiors will feature custom cabinetry, hand selected lighting, and distinctive finishes throughout. The two unit configuration provides flexibility for long-term or potential short-term rental use, while new construction, individual unit layouts, and a central Galveston location create an attractive opportunity for investors looking to expand their portfolio. Located near The Strand, cruise terminals, Seawall, beaches, dining, entertainment, and many of Galveston’s most popular attractions. Currently under construction with completion forthcoming, offering the opportunity to secure a brand-new investment property before the finishing touches are complete.

Investor Tools

Property Icon
$112,000
Estimated Property Value
$394,673Estimated Mortgage Balance
$112,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$145,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,307
$56,980
2025
$56,980
N/A
$56,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,307
$56,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jjp Capital Group
Commercial
$408,070
No
First
Dec 13, 2024
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,673
N/A
0%
352%
$2,447/mo

City: Galveston

1201 28th Street | Property Details | No Agent List