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General Description
minimizeEASY INVESTMENT!! *** Three Separate Units, each a 1 bedroom/1 bath home, centrally located, in the heart of Galveston. Looking for an easy investment? THIS IS IT!! All three homes have been recently renovated providing easy maintenance, furnishing & quick rental. The large lot provides space for off street parking or even an additional structure to be added. Two homes of similar layout face Avenue L. The front porch gives a cottage effect as you enter the living room, with a door to the bedroom & a private bath. The kitchen, located at the back of the house, is light and airy. Small, easy, & cozy. The third house sits on back of lot with alley access. Without a porch, the simplicity of walking into the kitchen, easy access to the bath, with the bedroom/living space at the back. INVESTORS!! This property would be a investment opportunity as rental. Fully rented the property would offer 10%+ ROI. Also convenient as a beach home with rental income. Living Galveston... its a lifestyle!
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $210.34 | $304,998 | 30.90% | $304,998 | 30.90% |
| 2022 | $160.69 | $233,000 | 2.53% | $233,000 | 2.53% |
| 2021 | $156.72 | $227,250 | 30.61% | $227,250 | 30.61% |
| 2020 | $119.99 | $173,990 | 79.39% | $173,990 | 79.39% |
| 2019 | $66.89 | $96,990 | -1.25% | $96,990 | -1.25% |
| 2018 | $67.74 | $98,220 | -1.38% | $98,220 | -1.38% |
| 2017 | $68.68 | $99,590 | 14.27% | $99,590 | 14.27% |
| 2016 | $60.10 | $87,150 | 18.36% | $87,150 | 18.36% |
| 2015 | $50.78 | $73,630 | 43.03% | $73,630 | 43.03% |
| 2014 | $35.50 | $51,480 | 4.27% | $51,480 | 4.27% |
| 2013 | $34.05 | $49,370 | -6.71% | $49,370 | -6.71% |
| 2012 | $36.50 | $52,920 | $52,920 |
2023 Galveston County Appraisal District Tax Value
| Market Land Value: | $73,500 |
| Market Improvement Value: | $231,498 |
| Total Market Value: | $304,998 |
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) | $ 695 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 512 |
| 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
minimize5008 Avenue L Galveston TX 77551 was recently sold. It is a 1,450 SQFT, in Denver Resurvey.
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