Price Reduced Listing
$199,000
 $1,068 est/mo Sourced by Back At You

1612 Ave L,Galveston, TX 77550

Galveston, TX 77550

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Description

INVESTOR OPPORTUNITY! Located at 1612 Avenue L in Galveston, this approximately 2,296-square-foot property offers significant renovation and value-add potential. Offered at $299,000, substantially below the current appraisal district market value of approximately $583,900. Property is in need of repairs and is being sold strictly AS-IS, WHERE-IS. Seller will make no repairs. CASH OR HARD MONEY FINANCING ONLY. Property is not expected to qualify for traditional financing in its present condition. Excellent opportunity for an investor, renovator, or buyer looking for a substantial Galveston project. Buyer to independently verify property condition, measurements, appraisal information, restrictions, and all other information material to purchase.

Details

MLS #626340
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1957
Days On Site14
Listing Provided ByMadison Bolton, Broker | Madison Bolton

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,296
Story(s)2
Acreage0.12
Water FrontYes
Property ViewOther

Parking

Garage Yes / NoNo
Parking FeaturesNo Garage

Location

Community FeaturesOther, See Remarks

Area Information

StateTX
CountyGalveston
CityGalveston
Zip Code77550
Community NameGALVESTON TOWNSITE
Listing VS Median (in GALVESTON TOWNSITE)
Price:
$199,000
low | high
Med:
$199,000
50% of Average
sqft:
2,296
low | high
Med:
2,296
50% of Average
$ / sqft:
$87
low | high
Med:
$87
50% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyGalveston
CityGalveston
Zip Code77550
Community NameGALVESTON TOWNSITE
Listing VS Median (in GALVESTON TOWNSITE)
Price:
$199,000
low | high
Med:
$199,000
50% of Average
sqft:
2,296
low | high
Med:
2,296
50% of Average
$ / sqft:
$87
low | high
Med:
$87
50% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $149K - $248K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
2106 Avenue L Property Photo 1
$179,000
2106 Avenue L
Galveston, TX 77550
414 14th Street Property Photo 1
$214,900
414 14th Street
Galveston, TX 77550
Listing Updated: October 8, 2026 at 7:23:48 AM PDT