Wonderful opportunity to purchase a triplex, live in one unit and rent out the other two! This property was completely remodeled from the studs in, in compliance to the 7 code permits that were approved by the City of Galveston in 2019. Great location close to UTMB, shopping and entertainment. Two are fully furnished 2 bedroom, 1 bath units with tastefully decorated interiors. Both have a washer and dryer located inside each unit for added convenience. The bottom unit has a small fenced patio area, while the upstairs unit has the balcony. Third unit has the same finishes as the other two unit just a bit smaller. This unit has central A/C and is being sold with the washer and dryer but without any furnishings. There is a current long term tenant until summer. The duplex portion of the property had been used as short-term rentals. There are no financials for the duplex.

General Description

MLS#:

78555778 (HAR)

Sold Price Range:

$370,001 - $420,000

Listing Status:

Sold

Address:

1028 Avenue K

City:

Galveston

State:

TX

Zip Code:

77550

County:

Galveston County

Subdivision:

Galveston Townsite (View subdivision price trend)

Legal Description:

LOT 2 OF REPLAT OF LOT 14, BLK. 130 A SUBDIVISION IN GALV.

Property Type:

Multi-Family - Triplex

Stories:

2

Year Built:

1960 / Appraisal District

Building Sqft.:

2,718253(m²) /Appraisal District

Lot Size:

2,645 Sqft.246(m²) /Survey

Key Map©:

775P

Market Area:

East End

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Room Dimension

Unit2 Bed1:

13x13

Unit2 Bed2:

13x12

Unit2 Kitchen:

10 x 9

Unit2 Living:

15x10

2 Bdr #:

3

Interior Features

Floors:

Vinyl Plank

Countertop:

Silestone

Heating:

Central Electric, Zoned

Cooling:

Central Electric, Zoned

Disposal:

Yes

Dishwasher:

Yes

Microwave:

Yes

Energy Feature:

Ceiling Fans

Exterior Features

Roof:

Composition

Exterior Type:

Wood

Lot Description:

Corner

Front Door Face:

South

Assigned School Information

District:	Galveston ISD
Elementary School:	GISD OPEN ENROLL
Middle School:	GISD OPEN ENROLL
High School:	Ball High School Good |

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.

Listing Broker: Sand N Sea Properties, LLC
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Selling Broker: Champions NextGen Real Estate
Last updated as of: 07/18/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$161.79	$439,750	35.07%	$358,116	10.00%
2022	$119.78	$325,560	-0.46%	$325,560	-0.46%
2021	$120.33	$327,070	32.43%	$327,070	32.43%
2020	$90.87	$246,980	11.06%	$246,980	11.06%
2019	$81.82	$222,380	103.70%	$222,380	103.70%
2018	$40.17	$109,170		$109,170

2023 Galveston County Appraisal District Tax Value
Market Land Value:	$63,210
Market Improvement Value:	$376,540
Total Market Value:	$439,750

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 %

 

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$ 1,661

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