5118 Avenue Q 1/2 Ave

Galveston, TX 77551
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Sold
Sold
$185,001 - $215,000
Sold on October 06, 2023
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3 Bedroom(s)
2 Full Bath(s)
2,560 Sqft.
4,500 Lot Sqft
Single-Family

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$446K
AVM Value
$217K
AVM Value
$220K
Value Range
$330K - $562K
Value Range
$152K - $282K
Value Range
$ 220,000
Confidence Score
74%

Margin of Error*: 26%
Confidence Score
28%

Margin of Error*: 30%
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

If you are looking for a great investment opportunity in Galveston...this is it! Welcome to 5118 Avenue Q 1/2…this property is an investor’s dream. The two floors are two separate living areas. The main house is located on the second floor. There you will find a large open concept living area with plenty of natural light. There are 3 bedrooms and 2 bathrooms upstairs. Additionally, you will find living quarters downstairs. Both need some light renovating, but with some work the opportunities are endless. They could both be short-term rentals, long-term rentals or the house could be converted to a full-time residence with the extra income-generating dwelling downstairs. Best of all…LOCATION! Right in the heart of Galveston, just blocks away from the Seawall. Local Hard Money Lender ready to assist with this project. Do not miss this opportunity and schedule your showing today!

MLS#
42664004
Sold Price Range
$185,001 - $215,000
Listing Status
Sold
Address
5118 Avenue Q 1/2 Ave
City
State
TX
Zip Code
Legal Description
ABST 628 M B MENARD SUR LOT 20 & W 1/2 OF LOT 19 BLK 137 DEN
Property Type
Single-Family
Bedroom
3 Bedroom(s)
Bath
2 Full Bath(s)
Stories
2
Architecture Style
Traditional
Year Built
1962 / Appraisal District
Building Size
2,560 Sqft/Appraisal District
Lot Size
4,500 Sqft./Appraisal District
Key Map©
774X
Market Area

Rooms

Living
2nd
Dining
2nd
Kitchen
2nd
Primary Bedroom
11 x 13, 2nd
Bedroom
11 x 10, 2nd
Bedroom
11 x 13, 2nd
Primary Bath
2nd
Bath
2nd
Quarters/Guest House
Other

Exterior

Roof
Composition
Foundation
Other
Private Pool
No
Exterior Type
Unknown
Lot Description
Subdivision Lot
Water Sewer
Public Water

Interior

Bedroom Description
All Bedrooms Up
Cooling
Window Units
Heating
Central Gas

Lot information

Lot Size
4,500 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type
Free Standing
HOA Mandatory
No
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

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$4,435/2023
Tax Rate
2.0161

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

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

Nearby schools view nearby schools

Noise factors

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Source

Houston Association of REALTORS
Source last updated May 16, 2024 at 10:52 PM
Listing last updated Oct 10, 2023 at 06:31 AM

5118 Avenue Q 1/2 Ave, Galveston, TX 77551. View photos, map, tax, nearby homes for sale, home values, school info...

View all homes on Avenue Q 1/2