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General Description

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An ideal investment opportunity in Galveston—a remarkable mixed-use building in the perfect location. This property boasts three versatile commercial spaces on the ground floor, providing ample opportunities for businesses to thrive and cater to the vibrant community of Galveston. Above, six thoughtfully designed residential units offer a comfortable and modern living experience for potential tenants. These units are strategically positioned to attract a diverse tenant base seeking the perfect blend of convenience, style, and coastal living. Investors will be captivated by the strategic location, offering prime visibility and accessibility to residents and visitors alike. Galveston's unique charm and growing demand make this mixed-use building an exceptional investment opportunity, promising a potential for excellent returns and sustained growth. Don't miss out on the chance to be a part of this thriving community and make a sound investment in the heart of Galveston.

MLS#:

95289717 (HAR)

Sold Price Range:

$3,317,001 - $3,830,000

Listing Status:

Sold

Address:

2111 PostOffice St

City:

Galveston

State:

Zip Code:

77550

County:

Galveston County

Subdivision:

Galveston Townsite (View subdivision price trend)

Legal Description:

ABST 628 M B MENARD SUR LOT 5 BLK 441 GALVESTON

Property Type:

Multi-Family - 5 Plus

Stories:

Year Built:

1969 / Appraisal District

Building Sqft.:

15,480 /Appraisal District

Lot Size:

5,140 Sqft. /Appraisal District

Key Map©:

775N

Market Area:

Downtown - Galveston/The Strand

Interior Features

Floors:

Laminate

Cooling:

Central Electric

Heating:

Central Electric

Exterior Features

Roof:

Other

Parking:

Off Site Parking

Additional Information

List Type:

Exclusive Agency to Sell/Lease

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, FHA, Investor, Owner Financing

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$30, 644/2023

Tax Rate:

2.0161

Selling Agent and Brokerage

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Selling Agent

Member of Better Living Realty Group

Diana Wilson

4.97/5.0

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Selling Broker

Better Homes and Gardens Real Estate Gary Greene - Bay Area

1790 Nasa Parkway
Houston, TX 77058

Want to know how much is this home worth?

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Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$98.19	$1,520,000	27.95%	$1,520,000	27.95%
2022	$76.74	$1,187,950	-0.16%	$1,187,950	-0.16%
2021	$76.86	$1,189,800	65.23%	$1,189,800	65.23%
2020	$46.52	$720,090	29.59%	$720,090	29.59%
2019	$35.90	$555,670	0.00%	$555,670	0.00%
2018	$35.90	$555,670		$555,670

2023 Galveston County Appraisal District Tax Value

Market Land Value:	$15,420
Market Improvement Value:	$1,504,580
Total Market Value:	$1,520,000

galveston County Appraisal District

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

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$17,449 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 14,895
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 2,5542,554
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Galveston Townsite

County / Zip Code:

77550

Single Family Properties:

2,446

Average Bedrooms:

3.60

Average Baths:

1.73

Median Square Ft.:

1,482

Median Lot Square Ft.:

4,369

Median Year Built:

1957

Median Appraised Value:

$264,456

Neighborhood Value Range:

$89 - $532 K

Median Price / Square ft.:

$260.42

View Price Trends for Galveston Townsite

Schools

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School 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

Ball High School High . 09 - 12 . GALVESTON ISD

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Property Map

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2111 PostOffice St, Galveston, TX 77550 Directions

Nearby places and schools.

Street View Birds Eye View

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2111 PostOffice St Galveston TX 77550 was recently sold. It is a 15,480 SQFT, in Galveston Townsite.