NOT LISTED FOR SALE

2927 Avenue L Galveston, TX 77550

Downtown Galveston Neighborhood
2 Beds
1 Bath
7,168 Sq Ft
0.3 Acres

Last Sold May 14, 2021

14 Days on Market

Highlights

  • 13,104 Sq Ft lot
  • Corner Lot
  • Tile Flooring
  • Oppe Elementary School Rated A-
  • Window Unit Cooling System
  • Ceiling Fan

About This Home

As of May 2021

Unique opportunity to own a well-maintained low maintenance investment property. This is a
townhome style 7 unit apartment complex with great cash flow. If you accept GHA they pay up to $1157. New roof December 2020. Exterior freshly painted and all new outside light fixtures March 2021. Main braker and 7 townhouse breakers replaced in 2019, Individually metered for Gas, electric and water. First floor is all tiled,
second floor is all laminated and 6 of 7 bathrooms are tiled. Large dedicated concrete slab parking
with 11 spaces, 1 dedicate for each unit. 13104 sqft lot size with spacious 1100 sqft units, Features 2
nice size bedrooms upstairs master with walk in closet, each with 1 full bath, Kitchen/Dining and living room downstairs with washer/dryer connections. Tenants pay for all their utilities. Convenient to Broadway, bus
service and Downtown Galveston. Seven blocks from the seawall.

Last Agent to Sell the Property

Roger Sturgell

Connect Realty.com License #0293161 Listed on: 03/30/2021

Connect Realty.com

Last Buyer's Agent

Mark Coyle

RE/MAX Leading Edge License #0711361

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 1969

Lot Details

  • 0.3 Acre Lot
  • North Facing Home
  • Corner Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 7,168 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Paved Parking

Schools

  • Gisd Open Enroll Elementary And Middle School
  • Ball High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Cable TV Available

Community Details

Overview

  • 7 Units
  • Galveston Townsite Subdivision

Building Details

  • Operating Expense $12,720
  • Gross Income $63,600
  • Net Operating Income $50,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,219

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: From Broadway heading East turn right onto 30th Street. Unit is on your left at 30th an Avenue L.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1969
  • Lot Size: 13104
  • Subdivision Name: Galveston Townsite
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 7168.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Lot Features: Cleared, Corner Lot
  • Construction Type: Brick, Other
  • Direction Faces: North

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes

Schools

  • Elementary School: GISD OPEN ENROLL
  • Junior High Dist: 22 - Galveston
  • High School: BALL HIGH SCHOOL
  • Middle Or Junior School: GISD OPEN ENROLL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3219.0

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 63600.0
  • Property Net Operating Income: 50880.0
  • Annual Operating Expense: 12720.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold -- -- --
04/14/2021 04/14/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $495,000 -- $69 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Roger Sturgell

    Seller's Agent in 2021

    Roger Sturgell

    Connect Realty.com

    (512) 626-1143

    1 in this area

    32 Total Sales

    Roger Sturgell
    Section Image
  • Mark Coyle

    Buyer's Agent in 2021

    Mark Coyle

    RE/MAX Leading Edge

    (409) 744-3300

    3 in this area

    102 Total Sales

    Mark Coyle
    Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 8488475

Houston Association of REALTORS®
Texas Galveston County Galveston 77550 Downtown Galveston

2927 Avenue L, Galveston, TX

This home is located at 2927 Avenue L, Galveston, TX 77550 since 30 March 2021. This property was built in 1969. 2927 Avenue L is a home located in Galveston County with nearby schools including Morgan Elementary Magnet School, Burnet STREAM Magnet School, and Parker Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes