Last 24 Hours
$209,000
5011 Avenue N 1/2, Galveston, TX, 77551
$237,833 ARV
On Market
3 Beds
2 Bath
1,744 Sq Ft
Single Family Residence
$119.84 / sqft
Built in 1979Property Lead Type:
BankruptcyPre-ForeclosureMust-SellDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size5,140 sqft
Building Information
Year Built1995
Stories1
Roof Type127
Garage Spaces2
Land Information
APN2965-0079-0008-000
Lot Number8
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 8 & E 3-6 FT OF LOT 7 & W 14-4 FT OF LOT 9 BLK 79 DENVER RESURVEY
Census Tract725300
Assessed Land Value$84,250
Assessed Improvement Value$165,750
Assessment Year2025
About this property
Single-family residential home offering functional living space, defined bedroom layouts, and a private yard setting. The property is subject to a recorded Land Use Restriction Agreement (LURA) running with the land, which includes tenant income and rent limits under affordable housing program guidelines. A solid footprint ready for an owner or investor seeking a long-term hold under established deed restrictions.
Investor Tools
$0Estimated Mortgage Balance
$319,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$237,832
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,327
$250,000
2025
$84,250
$165,750
$250,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,327
$250,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$319,000
100%
0%
$0/mo
12.4%