Last 24 Hours
$100,000
5214 Avenue L, Galveston, TX, 77551
$120,813 ARV
On Market
Just Added
— Beds
1 Bath
1,514 Sq Ft
Built in 1952Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms —
Bathrooms Full 1
Heating Floor/WallExterior
Lot Size3,001 sqft
Building Information
Year Built1952
Stories1
Roof Type105
Land Information
APN2965-0020-0018-002
Lot Number18,19
SubdivisionDenver Resurvey
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR S 1/2 OF LOTS 18 & 19 (18-2) BLK 20 DENVER RESURVEY
Census Tract725200
Assessed Land Value$53,250
Assessed Improvement Value$222,190
Assessment Year2025
About this property
Two adjacent vacant lots in Galveston, cleared and ready for building! Approximately 6,000 sq. ft. available for purchase together. Lot 5216 spans from Avenue L to the alley, while Lot 5214 starts midway back. Neighborhood is undergoing rejuvenation with new builds and updated homes. Ideal for primary residence, vacation home, or investment property. Minutes from Galveston Beach, Seawall Boulevard, Offatts Bayou, Moody Gardens, dining, and entertainment. Don't miss out on this opportunity to create your dream home in a thriving area of Galveston!
Investor Tools
$0Estimated Mortgage Balance
$275,440Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$120,813
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,653 /month
Positive
Cash Flow Estimate:
$551 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,607
$275,440
2025
$53,250
$222,190
$275,440
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,607
$275,440
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$275,440
100%
0%
$0/mo
12.4%