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$584,500

Beds
4
Baths
3.0
sq ft
2,305

2507 37th St, Galveston, TX 77550

2507 37th St

Galveston, TX 77550

  • <1 day on market
Charming Galveston Island Property with TWO Houses – Perfect for Investment or Personal Use! This one-of-a-kind property offers incredible potential with TWO homes on a single lot—located just 1.5 blocks from the beautiful Seawall Blvd. Front House (3 Beds, 2 Baths – 1,297 SqFt) This spacious home is a successful vacation rental, offering a comfortable and inviting space for guests. Back House (1 Bed, 1 Bath – 1,008 SqFt) The charming two-story back house is a cozy and well-maintained space, perfect for long-term tenants. Endless Possibilities Live in one home and rent the other to offset your mortgage and expenses. Rent both properties to maximize your investment returns! No HOA fees, no flood insurance required (X flood zone), and low property taxes (2.01 rate). Additional Features: Brand New Roof installed in May 2024, WPI8 Certified for peace of mind. Property is eligible for a 1031 exchange, offering excellent investment opportunities.

Details

Property type

Duplex

Est. home value

$621,915

Lot size

5,001 sq ft

Price per sq ft

$254

Year built

1978

Annual property taxes

$7,674

Price History

03/13/2025
Houston

Houston #69228876

Listed
$584,500
02/21/2025
Houston

Houston #96115994

Removed
01/29/2025
Houston

Houston #96115994

Price change
$584,000
-0.09%

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

$267,460
Asking price
$584,500
Closing costs (~8% of asking)
-$46,760
Est. remaining loan balance
-$270,280
Cash to seller
$267,460

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2019

Original loan amount

$303,050

Est. remaining balance

$270,280

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Serghei Behterev

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?

Status: Active

Tomo last checked: 03/14/2025 at 11:00 AM

Listing updated: 03/14/2025 at 4:08 AM

Listed by: Serghei Behterev, LPT Realty, LLC Phone #: (281) 741-7970

MLS: Houston #69228876

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