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General Description
minimizeThis 2-unit property is located with easy access off 40th Street. Great convenience to all parts of Galveston for the tenants. Two buildings. One occupied. One vacant. Bldg. in the rear needs to be fully renovated. Front bldg is a great rental property but does need some updates. Owner does not have lease documents. Buyer would need to re-sign tenant to new lease, continue month-to-month, or re-tenant the property. This rental is part of a portfolio that is available. The properties in the portfolio in Galveston are as follows: • 701 28th Street – 4 units / 1 bldg • 2810 Winnie (aka - Ave. G) – 2 units / 1 bldg. • 2721 Avenue K – 3 units – 1 bldg. • 1512 41st St and 4027 Ave. N – 3 units / 2 bldgs. • 4007 and 4009 Ball Street – 2 units / 2 bldgs. • 814 35th Street – 2 units / 1 bldg. • 2813 Ball Street – 1 unit Total of 17 units. They are all listed separately on the MLS, but available to be grouped together as well.
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 | $341.52 | $486,320 | 50.65% | $486,320 | 50.65% |
| 2022 | $226.69 | $322,810 | 27.60% | $322,810 | 27.60% |
| 2021 | $177.66 | $252,990 | 29.04% | $252,990 | 29.04% |
| 2020 | $137.68 | $196,050 | 97.35% | $196,050 | 97.35% |
| 2019 | $69.76 | $99,340 | 21.86% | $99,340 | 21.86% |
| 2018 | $57.25 | $81,520 | 0.00% | $81,520 | 0.00% |
| 2017 | $57.25 | $81,520 | 0.04% | $81,520 | 0.04% |
| 2016 | $57.23 | $81,490 | 53.78% | $81,490 | 53.78% |
| 2015 | $37.21 | $52,990 | 4.04% | $52,990 | 4.04% |
| 2014 | $35.77 | $50,930 | 0.00% | $50,930 | 0.00% |
| 2013 | $35.77 | $50,930 | 0.00% | $50,930 | 0.00% |
| 2012 | $35.77 | $50,930 | $50,930 |
2023 Galveston County Appraisal District Tax Value
| Market Land Value: | $12,530 |
| Market Improvement Value: | $473,790 |
| Total Market Value: | $486,320 |
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) | $ 745 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 817 |
| 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
minimize4007 Ball St Galveston TX 77550 was recently sold. It is a 1,424 SQFT, in Galveston Townsite.
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