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General Description

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LOCATION! LOCATION! LOCATION! Just steps away from the beach, this one-of-a-kind property is waiting for its new, unique owner. This very solid, home features brick construction, which is very desirable to have on the Island. The former owner was an accomplished artist and his original, custom artwork and features will make you feel like you have just stepped into an Italian masterpiece. This house is perfect for parties and entertainment - imagine all the family gatherings and reunions waiting for your hosting talents! One block from Seawall, this ranch-style home has 3 bedrooms, 2.5 baths, with a formal living room, family room, plus an oversized den. Passive income can be earned with the 3 rental units located in the back of the property - all units are currently rented. Garage access from alley. The main home has recently been re-piped with Pex A piping. Second home, investment property, short-term vacation rental, mother-in-law quarters - the possibilities are endless!

MLS#:

49183579 (HAR)

Sold Price Range:

$627,001 - $717,000

Listing Status:

Sold

Address:

1112 Avenue M 1/2

City:

Galveston

State:

Zip Code:

77550

County:

Galveston County

Subdivision:

Galveston Outlots (View subdivision price trend)

Legal Description:

ABST 628 M B MENARD SUR LOT 10 & E 1/2 OF LOT 11 NE BLK 23 G

Property Type:

Multi-Family - Fourplex

Stories:

Year Built:

1975 / Appraisal District

Building Sqft.:

2,857 /Appraisal District

Lot Size:

7,716 Sqft. /Appraisal District

Key Map©:

775P

Market Area:

East End

Interior Features

Floors:

Carpet, Tile

Cooling:

Central Electric, Window Units

Heating:

Central Gas, Window Unit

Dishwasher:

Yes

Microwave:

Yes

Energy Feature:

Ceiling Fans

Exterior Features

Roof:

Composition

Exterior Type:

Brick, Wood

Water Amenity:

Gulf View

Lot Description:

Water View

Additional Information

List Type:

Exclusive Right to Sell/Lease

Unit Feature:

Balcony, Window Coverings

Buyer Agent Compensation*:

Sub Agent Compensation*:

2.5%

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$14, 746/2023

Tax Rate:

1.7477

Selling Agent and Brokerage

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Selling Agent

Mauricio Valdes

Click to view phone

Selling Broker

Tu Casa Realty

1517 Pech Rd
Houston, TX 77055

Want to know how much is this home worth?

Request Home Value

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$458.76	$1,310,690	32.53%	$843,754	25.73%
2022	$346.17	$989,000	23.65%	$671,067	16.79%
2021	$279.96	$799,850	43.20%	$574,590	21.99%
2020	$195.50	$558,550	38.73%	$471,022	36.12%
2019	$140.92	$402,610	14.34%	$346,037	11.11%
2018	$123.25	$352,130	-1.28%	$311,444	6.86%
2017	$124.85	$356,690	1.62%	$291,441	7.56%
2016	$122.86	$351,010	29.06%	$270,966	14.96%
2015	$95.19	$271,970	30.04%	$235,695	12.70%
2014	$73.20	$209,140	0.00%	$209,140	0.00%
2013	$73.20	$209,140	0.00%	$209,140	0.00%
2012	$73.20	$209,140		$209,140

2023 Galveston County Appraisal District Tax Value

Market Land Value:	$94,520
Market Improvement Value:	$1,216,170
Total Market Value:	$1,310,690

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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$4,280 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 2,863
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 1,4181,418
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

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Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Galveston Outlots

County / Zip Code:

77550

Single Family Properties:

3,348

Average Bedrooms:

2.46

Average Baths:

1.50

Median Square Ft.:

1,312

Median Lot Square Ft.:

5,078

Median Year Built:

1960

Median Appraised Value:

$275,092

Neighborhood Value Range:

$136 - $477 K

Median Price / Square ft.:

$260.50

View Price Trends for Galveston Outlots

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

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Property Map

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1112 Avenue M 1/2, Galveston, TX 77550 Directions

Nearby places and schools.

Street View Birds Eye View

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1112 Avenue M 1/2 Galveston TX 77550 was recently sold. It is a 2,857 SQFT, in Galveston Outlots.

View all homes on Avenue M 1/2