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2,859 Bldg Sqft.
5,996 Lot Sqft.
Multi-Family - Triplex
109 Day(s) on HAR.com
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General Description

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Great Triplex investment property. Tenants have been there a long time. This Triplex consists of the main house being 4 bedrooms, 2 baths with central A/C, storm shutters and vinyl flooring. There are 2 apartments in the rear of the main home. Both are 2 bedrooms, 1 bath. Both rear apartments have all new paint, new kitchen cabinets, new dishwasher, new oven, sink and faucets. Both have new Pex piping to the sink and new electrical panels New vinyl flooring throughout, new ceiling fans, washer and dryer in garage. 1 of the apartments had concrete poured inside the garage unit and front concrete ramp leading into the garage and both have parking and storage. There is new fencing around the front and rear properties. Decorative brick community mailbox. 4" drainage system with multiple drains in select locations which exits to the front of main house. Units are separately metered for water/gas and electricity. 510 sq ft (Yellow), 667 sq ft, (Blue), 1682 sq ft (white house)

MLS#:
32393230 (HAR)
Sold Price Range:
$285,001 - $325,000
Listing Status:
Sold
Address:
5015 Avenue M
City:
Galveston
State:
TX
Zip Code:
Legal Description:
ABST 628 M B MENARD SUR LOTS 6 & 7 BLK 42 DENVER RESURVEY
Property Type:
Multi-Family - Triplex
Stories:
1
Year Built:
1953 / Appraisal District
Building Sqft.:
2,859 /Appraisal District
Lot Size:
5,996 Sqft. /Appraisal District
Key Map©:
774T
Market Area:


Rooms/Lot Dimensions

Unit2 Bed1:
8x12
Unit2 Bed2:
9x11
Unit2 Kitchen:
8x8
Unit2 Living:
8x12
2 Bdr #:
2
2 Bdr #:
3



Interior Features

Floors:
Vinyl Plank
Heating:
Central Electric
Cooling:
Central Electric
Compactor:
No
Dishwasher:
Yes
Disposal:
No
Microwave:
Yes
Energy Feature:
Ceiling Fans


Exterior Features

Roof:
Composition
Exterior Type:
Wood
Parking Unit:
One


Additional Information

List Type:
Exclusive Right to Sell/Lease
Buyer Agent Compensation*:
3.0%
Sub Agent Compensation*:
0.0%
*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
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$7, 269/2022
Tax Rate:
2.0662


Selling Agent and Brokerage

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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 $176.93 $505,830 43.78% $505,830 43.78%
2022 $123.05 $351,800 8.59% $351,800 8.59%
2021 $113.32 $323,970 43.99% $323,970 43.99%
2020 $78.70 $225,000 11.20% $225,000 11.20%
2019 $70.77 $202,340 -1.30% $202,340 -1.30%
2018 $71.70 $205,000 -0.91% $205,000 -0.91%
2017 $72.36 $206,880 17.13% $206,880 17.13%
2016 $61.78 $176,630 22.93% $176,630 22.93%
2015 $50.26 $143,680 60.36% $143,680 60.36%
2014 $31.34 $89,600 0.00% $89,600 0.00%
2013 $31.34 $89,600 0.00% $89,600 0.00%
2012 $31.34 $89,600 $89,600
2023 Galveston County Appraisal District Tax Value
Market Land Value: $73,450
Market Improvement Value: $432,380
Total Market Value: $505,830
galveston County Appraisal District
2023 Tax Rates
GALVESTON COUNTY: 0.3342 %
GALVASTON COLLEGE: 0.1240 %
NAVIGATION DIST 01: 0.0254 %
COUNTY ROAD/FLOOD: 0.0078 %
GALVASTON ISD: 0.8475 %
GALVESTON CITY: 0.4089 %
Total Tax Rate: 1.7477 %

Estimated Mortgage/Tax

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$1,949 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,212
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 737
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Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:
Denver Resurvey (Galveston)
County / Zip Code:
77551
Single Family Properties:
1,761
Average Bedrooms:
2.67
Average Baths:
1.47
Median Square Ft.:
1,158
Median Lot Square Ft.:
4,680
Median Year Built:
1960
Median Appraised Value:
$208,034
Neighborhood Value Range:
$112 - $347 K
Median Price / Square ft.:
$232.26

View Price Trends for Denver Resurvey (galveston)

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
Good |

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5015 Avenue M Galveston TX 77551 was recently sold. It is a 2,859 SQFT, in Denver Resurvey.

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