Last 24 Hours
$220,000
5902 Avenue S 1/2, Galveston, TX, 77551
On Market
3 Beds
2 Bath
1,295 Sq Ft
Single Family Residence
$169.88 / sqft
Built in 1967Property Lead Type:
BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating Central
CoolingExterior
Lot Size9,226 sqft
Building Information
Year Built1967
Stories1
Roof Type105
Garage Spaces2
Land Information
APN4385-0011-0027-000
Lot Number27,28
SubdivisionKinkead Addn
Land UseResidential
Legal DescriptionABST 121 HALL & JONES SUR LOTS 27,28 & 29 BLK 11 W B KINKEADS ADDN
Census Tract725600
Assessed Land Value$136,810
Assessed Improvement Value$28,960
Assessment Year2025
About this property
Single-family residential home offering functional living space, well-defined bedroom layouts, and a private yard. The property is subject to a recorded Land Use Restriction Agreement (LURA) that runs with the land and 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, subject to established deed restrictions.
Investor Tools
$0Estimated Mortgage Balance
$244,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,869
$165,770
2025
$136,810
$28,960
$165,770
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,869
$165,770
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$244,000
100%
0%
$0/mo
12.4%