General Description
minimizeThis 4 plex property is located with easy access off 28th Street. Great convenience to all parts of Galveston for the tenants. Property needs some updating in the form of paint and wood trim. Property is 50% occupied by tenants all on month-to-month leases (units A and C are occupied). Owner does not have lease documents. Buyer would be required to re-sign tenants to new leases, continue month-to-month, or re-tenant the property. All units are 2/1 with ceramic tile throughout. This rental house is part of a portfolio that is available. The other properties in the portfolio in Galveston are as follows: • 2810 Winnie (aka - Ave. G) – 2 units / 1 bldg. (just across the street from this property) • 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.
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 | $79.17 | $237,500 | 122.98% | $237,500 | 122.98% |
2022 | $35.50 | $106,510 | -1.21% | $106,510 | -1.21% |
2021 | $35.94 | $107,810 | 107.77% | $107,810 | 107.77% |
2020 | $17.30 | $51,890 | 32.74% | $51,890 | 32.74% |
2019 | $13.03 | $39,090 | 0.00% | $39,090 | 0.00% |
2018 | $13.03 | $39,090 | $39,090 |
2023 Galveston County Appraisal District Tax Value
Market Land Value: | $3,910 |
Market Improvement Value: | $233,590 |
Total Market Value: | $237,500 |
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
minimizeEstimated Monthly Principal & Interest (Based on the calculation below) | $ 1,347 |
Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 399 |
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 |
View Nearby Schools ↓
Property Map
minimize701 28th St Galveston TX 77550 was recently sold. It is a 3,000 SQFT, in Galveston Townsite.
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