Estimated payment $7,833/month
Highlights
- Gulf View
- Corner Lot
- Ceiling Fan
- Bayside Intermediate School Rated A-
- Window Unit Cooling System
- Wood Siding
About This Home
AMAZING INVESTMENT OPPORTUNITY WITH THE VIEW OF GALVESTON BAY!!! PROPERTY USE IS RESIDENTIAL AND COMMERCIAL. INCOME PRODUCING PROPERTIES INCLUDES A FOUR PLEX WITH APPROXIMATELY 3,300 SF WITH 8 BEDROOMS/ 4 BATH. A DUPLEX APPROXIMATELY 1,450SF WITH 3 BEDROOMS/2 BATH. (CURRENTLY ALL UNITS ARE LEASED OUT) THE BLUE COTTAGE IS APPROXIMATELY 450SF 1 BEDROOM/1 BATH. IDEAL LOCATION FOR BED & BREAKFAST, SALON, OFFICE SPACE AND ETC. THIS OUTSTANDING PROPERTY IS OVER 12,000 SF. STRUCTURES ARE LOCATED ON 701 7TH ST(4365-0004-0011-001), 703 7TH ST. (4365-0004-0010-002) AND 609 KIPP. SHORT DISTANCE TO THE KEMAH BOARDWALK, COFFEE SHOPS, RESTAURANTS, MARINA AND MORE!!! TENANTS ARE ON SHORT TERM LEASE. PLEASE DO NOT APPROACH TENANTS. SCHEDULE A PRIVATE SHOWING TODAY! ALL INFORMATION INCLUDING ROOM SIZES, TAXES AND ETC. TO BE VERIFIED BY BUYERS.
Listing Agent
Better Homes and Gardens Real Estate Gary Greene - Bay Area License #0699852 Listed on: 10/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,058
Year Built
- Built in 1950
Lot Details
- 0.28 Acre Lot
- Corner Lot
- Cleared Lot
Home Design
- Composition Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Gulf Views
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Full Bathrooms
Schools
- Stewart Elementary School
- Bayside Intermediate School
- Clear Falls High School
Utilities
- Window Unit Cooling System
Community Details
- 12 Units
- Kemah Townsite Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,058 | $368,320 | $193,700 | $174,620 |
| 2024 | $6,058 | $359,830 | $193,700 | $166,130 |
| 2023 | $6,058 | $531,660 | $193,700 | $337,960 |
| 2022 | $8,370 | $444,070 | $123,420 | $320,650 |
| 2021 | $9,678 | $445,880 | $123,420 | $322,460 |
| 2020 | $8,949 | $390,940 | $123,420 | $267,520 |
| 2019 | $5,294 | $221,060 | $123,420 | $97,640 |
| 2018 | $4,754 | $197,700 | $123,420 | $74,280 |
| 2017 | $4,807 | $197,700 | $123,420 | $74,280 |
| 2016 | $2,953 | $121,450 | $47,190 | $74,260 |
| 2015 | $357 | $121,450 | $47,190 | $74,260 |
| 2014 | $315 | $113,200 | $47,190 | $66,010 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | For Sale | $1,400,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $1,100,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Vendors Lien | -- | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $764,000 | Seller Take Back | |
| Previous Owner | $425,000 | Seller Take Back | |
| Previous Owner | $425,000 | Purchase Money Mortgage |
Source: Houston Association of REALTORS®
MLS Number: 60224236
APN: 4365-0004-0011-001
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