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General Description
minimizeMulti-unit 5 PLEX located in Midtown Galveston. Cash flowing property at nearly 10% CAP rate. All 5 units are 3 bedrooms! Unit Mix - (4) three bedroom 1 baths & (1) three bedroom 1 1/2 bath. This property is located just minutes from the beach, Strand Historical District and Pleasure Pier. Water, Gas, and Electric are all separately metered and paid by tenants. Every unit comes equipped with Washer/Dryer connections for both electric and gas. Each unit has its own private fenced-out and gated patio space to enjoy. DO NOT walk the property without an approved showing request. HURRY UP INVESTORS BEFORE IT IS GONE!
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $107.92 | $537,000 | 1.09% | $537,000 | 1.09% |
| 2022 | $106.75 | $531,200 | 39.82% | $531,200 | 39.82% |
| 2021 | $76.35 | $379,930 | 171.38% | $379,930 | 171.38% |
| 2020 | $28.14 | $140,000 | -14.11% | $140,000 | -14.11% |
| 2019 | $32.76 | $163,000 | 25.38% | $163,000 | 25.38% |
| 2018 | $26.13 | $130,000 | -12.75% | $130,000 | -12.75% |
| 2017 | $29.94 | $149,000 | -6.50% | $149,000 | -6.50% |
| 2016 | $32.02 | $159,350 | -0.12% | $159,350 | -0.12% |
| 2015 | $32.06 | $159,540 | 3.52% | $159,540 | 3.52% |
| 2014 | $30.97 | $154,110 | 2.74% | $154,110 | 2.74% |
| 2013 | $30.14 | $150,000 | -25.35% | $150,000 | -25.35% |
| 2012 | $40.38 | $200,950 | $200,950 |
2023 Galveston County Appraisal District Tax Value
| Market Land Value: | $62,970 |
| Market Improvement Value: | $474,030 |
| Total Market Value: | $537,000 |
2023 Tax Rates
| GALVESTON COUNTY: | 0.3676 % |
| GALVASTON COLLEGE: | 0.1320 % |
| NAVIGATION DIST 01: | 0.0285 % |
| COUNTY ROAD/FLOOD: | 0.0084 % |
| GALVASTON ISD: | 1.0350 % |
| GALVESTON CITY: | 0.4445 % |
| Total Tax Rate: | 2.0161 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,814 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 902 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good |
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Property Map
minimize1305 28th Street Galveston TX 77550 was recently sold. It is a 4,976 SQFT, in Galveston Outlots.
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