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$449,000

Beds
3
Baths
2.0
sq ft
1,354

1312 11th St, Galveston, TX 77550

1312 11th St

Galveston, TX 77550

  • 51 days on market
LOCATION! LOCATION! LOCATION! Gulf views from the front porch! Favorable Flood Zone X. Off-street parking. This amazing 3/2 home is just steps from the beach, Seawall restaurants, and entertainment. All furniture & appliances convey - what you see is what you get! This beautiful, remodeled home is an absolute gem! Great open-concept and flowing floor plan. The owners have kept this property in immaculate shape and ready for you to step in and continue to use as a turnkey short-term rental. Or this could be your Island second home - all you need to do is buy groceries and you are ready to move in today! Complete renovation in 2021. More recent improvements include a new AC unit and sprayed insulation in the attic. Get ready to relax and enjoy the Gulf breezes and water views from the front deck. Back deck is perfect for entertaining, along with the expanded patio, complete with grill. Stainless steel appliances including a gas stove with vent hood. Spacious, comfortable bedrooms.

Details

Property type

Single Family Residence

Est. home value

$499,183

Lot size

2,622 sq ft

Price per sq ft

$332

Year built

1965

Annual property taxes

$7,554

Price History

10/31/2024
Houston

Houston #36927514

Listed
$449,000
12/02/2021
Houston

Houston #71719340

Removed

Schools & Community

Elementary school: 

GISD OPEN ENROLL

Middle school: 

GISD OPEN ENROLL

High school: 

BALL HIGH SCHOOL

School district: 

Galveston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$53,948
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$359,132
Cash to seller
$53,948

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

December 2021

Original loan amount

$383,710

Est. remaining balance

$359,132

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Elizabeth Mikeska Benfield and Patrick Mikeska Benfield

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 9:30 AM

Listing updated: 11/01/2024 at 4:09 AM

Listed by: Hudson Holmes, Joe Tramonte Realty, Inc. Phone #: (409) 765-9837

MLS: Houston #36927514

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