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$190,000

5515 Menard Ave, Galveston, TX, 77551

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,022 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.91 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesGas Oven, Gas Range

Exterior

Lot Size4,199 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6720-0003-0004-000
Lot Number4
SubdivisionStandard Dredging
Land UseResidential
Legal DescriptionABST 628 PAGE 91 LOT 4 BLK 3 STANDARD DREDGING RESUB
Census Tract725300
Assessed Land Value$71,360
Assessed Improvement Value$130,650
Assessment Year2025

About this property

ATTENTION INVESTORS & RENOVATION BUYERS! Opportunity awaits at 5515 Menard Avenue, Galveston, TX 77551. This 3-bedroom, 1-bath property sits on an approximately 4,200 sq. ft. lot and is ready for its next chapter. Offered strictly AS-IS, this property may be a great candidate for an investor's next renovation project or for a buyer ready to bring their own ideas and improvements. Seller will make no repairs. Convenient Galveston location with access to the many attractions, employment centers, dining, entertainment, and amenities the island has to offer. Bring your contractor, evaluate the possibilities, and make your offer. Buyer to independently verify all measurements, square footage, condition, restrictions, permitting requirements, and other property information.

Investor Tools

$0Estimated Mortgage Balance
$178,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

Daralyn Johnson

Ford Realty Group & Property Management

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$126/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$618
$120,204
2025
$71,360
$130,650
$202,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$618
$120,204

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,000
100%
0%
$0/mo

City: Galveston