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$1,099,000

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Outstanding investment opportunity with a huge potential. More than 3 acres of land right on the Galveston Island! Close to the beach. Originally built as a school (from the church) with large classrooms downstairs, separate bathrooms, and showers. Over $2 million was invested to build the property. Right now property will need some TLC and can be used as a beach house, entertainment place, casino, restaurant, storage, hotel, bank, mixed use, or redeveloped.

Days on Market: 214 Day(s)

General Description

MLS#:

73476574 (HAR)

Listing Price:

$ 1,099,000
$Convert

Reduced 26.73% Reduced 26.73%

Reduced 26.73%

X   

Original List Price:	$1,500,000
Price Reduced:	-$401,000
Current List Price:	$1,099,000
Last Reduction on:	09/30/2021

Original List Price:	$1,500,000
Price Reduced:	-$401,000
Current List Price:	$1,099,000
Last Reduction on:	09/30/2021

Listing Status:

Under Contract - Pending Continue to Show

Address:

11279 Stewart Road

City:

Galveston

State:

TX

Zip Code:

77554

County:

Galveston County

Subdivision:

Trimble & Lindsey Sec 2 (View subdivision price trend)

Legal Description:

ABST 121 PAGE 64 NE PT OF LOT 39 (39-1) TRIMBLE & LINDSEY SE

Property Type:

Lots

Lot Size:

3.13 Acres 12,662(m²) /Appraisal District

Key Map©:

807J

Market Area:

West End

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Exterior Features

Lot Description:

Corner

Cable:

Unknown

Water Sewer:

Other Water/Sewer

Phone:

Unknown

Gas:

Availability Unknown

Electric:

Availability Unknown

Unit Location:

Corner

Lot Information

  Lot Size: 3.13 Lot Acres/Appraisal District

Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Assigned School Information

District:	Galveston
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: Nitya Realty
Email Listing Broker

Last updated as of: 05/26/2022

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2021	$126.67	$954,620	65.33%	$954,620	65.33%
2020	$76.62	$577,390	21.69%	$577,390	21.69%
2019	$62.96	$474,470	0.00%	$474,470	0.00%
2018	$62.96	$474,470		$474,470

2021 Galveston County Appraisal District Tax Value
Market Land Value:	$136,300
Market Improvement Value:	$818,320
Total Market Value:	$954,620

2021 Tax Rates
GALVESTON COUNTY:	0.4651 %
GALVASTON COLLEGE:	0.1592 %
COUNTY ROAD/FLOOD:	0.0108 %
GALVASTON ISD:	1.0264 %
GALVESTON CITY:	0.5600 %
Total Tax Rate:	2.2215 %

 

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$ 5,965Monthly

Principal & Interest

$ 4,197

Property Tax

$ 1,767

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