string(19) "houstonarea.har.com" 5510 Teakwood Drive, Galveston, TX 77551 - HAR.com LoopMe

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4 Bed(s)
2 Full & 1 Half Bath(s)
2,007 Bldg Sqft.
6,300 Lot Sqft.
Single-Family
135 Day(s) on HAR.com
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General Description

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Under contract, no more showing Great subdivision with nice neighborhoods. It is a custom built and finished in 2016. The house has been raised up the foundation and the elevation brings down the flood insurance cost. There are upgraded slab, beams and rebars size with about 40pcs concrete piers under slabs, 32"x 32" tiles in living room and kitchen with all engineer wood floors in all the bedrooms. Open kitchen with a big island facing living room, high ceiling in Living room and master bedroom. Master bedroom suite offers Jacuzzi and large space shower. Wood deck in back yard for you to enjoy your free time. close to the beach and most of restaurants. The house leased since 2020 and lease will expired Aug.2022(Great tenants, rent 30K/year, never delay on rent) Appointment requires 24 hours notice

MLS#:
80445109 (HAR)
Sold Price Range:
$482,001 - $552,000
Listing Status:
Sold
Address:
5510 Teakwood Drive
City:
Galveston
State:
TX
Zip Code:
Legal Description:
ABST 628 PAGE 93 LOT 51 PALM CIRCLE
Property Type:
Single-Family
Bedrooms:
4 Bedroom(s)
Baths:
2 Full & 1 Half Bath(s)
Garage(s):
2 / Attached
Stories:
1
Style:
Other Style
Year Built:
2016 / Seller
Building Sqft.:
2,007 /Appraisal
Lot Size:
6,300 Sqft. /Appraisal District
Key Map©:
774X
Market Area:


Rooms/Lot Dimensions

Primary Bedroom:
17'2"x12', 1st
Bedroom:
14'x11', 1st
Bedroom:
12'x11', 1st
Bedroom:
12'x11', 1st



Interior Features

Heating:
Central Gas
Cooling:
Central Electric


Exterior Features

Roof:
Other
Foundation:
Slab, Slab on Builders Pier
Private Pool:
No
Exterior Type:
Brick
Lot Description:
Other
Water Sewer:
Public Sewer, Public Water
Unit Location:
Other


Additional Information

HOA Mandatory:
No
Dwelling Type:
Free Standing
List Type:
Exclusive Right to Sell/Lease
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
0%
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Financial Information

Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$6, 882/2021
Tax Rate:
2.262


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 $198.05 $397,490 29.67% $397,490 29.67%
2022 $152.74 $306,550 0.76% $306,550 0.76%
2021 $151.59 $304,240 -1.61% $304,240 23.19%
2020 $154.08 $309,230 28.50% $246,961 10.00%
2019 $119.90 $240,640 17.90% $224,510 10.00%
2018 $101.69 $204,100 0.00% $204,100 0.00%
2017 $101.69 $204,100 9.84% $204,100 9.84%
2016 $92.58 $185,810 $185,810
2023 Galveston County Appraisal District Tax Value
Market Land Value: $77,180
Market Improvement Value: $320,310
Total Market Value: $397,490
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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$2,536 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,868
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 668
Home Owners Insurance Get a Quote
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Years
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Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:
Palm Circle
County / Zip Code:
77551
Single Family Properties:
62
Average Bedrooms:
Average Baths:
2.08
Median Square Ft.:
1,835
Median Lot Square Ft.:
6,366
Median Year Built:
1965
Median Appraised Value:
$315,234
Neighborhood Value Range:
$242 - $395 K
Median Price / Square ft.:
$190.79

View Price Trends for Palm Circle

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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5510 Teakwood Drive Galveston TX 77551 was recently sold. It is a 0.14 Acre(s) Lot, 2,007 SQFT, 4 Beds, 2 Full Bath(s) & 1 Half Bath(s) in Palm Circle.

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