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$290,000

4812 Austin Dr, Galveston, TX, 77551

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.6 / sqft
Year BuiltBuilt in 1932

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSecondary Kitchen
FlooringTile, Wood

Exterior

Lot Size5,401 sqft

Building Information

Year Built1932
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5580-0000-0011-000
Lot Number11,ADJ
SubdivisionPalm Gardens
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 11 & ADJ 8FT ROW PALM GARDENS
Census Tract725300
Assessed Land Value$87,640
Assessed Improvement Value$373,470
Assessment Year2026

About this property

Great Investment/Income Opportunity!!! Charming Home with separate Guest Quarters located in the heart of Galveston! The main house is 2 Bedrooms, 1 Bathroom with a 2-Car Detached Garage. Original Hardwood Floors throughout. Living Room, Dining Room, and spacious Kitchen. Separate Guest Quarters located above the Detached Garage with 2 Bedrooms, 1 Bath, Kitchen, and Living area. Perfect for an Air BnB or Rental! Or use as a Home Office or Guest Quarters. Access to Garage and Guest Quarters from Ave L. Investors Welcome! Needs TLC and updating/remodeling. Property being sold As-Is. Buyer to verify room dimensions. Great Location with easy access to enjoy all Galveston has to offer! Just minutes from Galveston's Beaches, Local Restaurants, Shopping, Pleasure Pier, Moody Gardens, the San Luis Hotel & Conference Center, UTMB Galveston, A&M University at Galveston, The Seawall, The Strand, and so much more! GISD. Schedule your showing today!

Investor Tools

$79,449Estimated Mortgage Balance
$381,661Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,767 /month
Positive
Cash Flow Estimate:
$922 /month

Interested in this property?

Evelyn Black

Simien Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$503
$461,110
2026
$87,640
$373,470
$461,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$503
$461,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Equity Mortgage Llc
Stand Alone First / Home Equity First Lien
$99,500
No
First
Mar 17, 2017
Apr 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,449
$381,661
82%
17%
$597/mo

City: Galveston

4812 Austin Dr | Property Details | No Agent List