Build a beautiful beach house on this large lot in Pirate's Beach. This lot is steps away from the beach and a short drive to Galveston Country Club!
Property Details
Property Features
Listing Office:
Office Name: S&P Interests
Office Phone: (713) 766-4500
Listing Agent: Nelson Senegal
Exterior Features
Exterior Information:
View: Beach, Water
Lot Features
Lot Information:
Lot: Subdivision, Views
Lot Size: 0.20 Acres
Other
Directions Information:
Directions: i45 South to 61st, right on 61st, right on seawall, seawall to FM 3005, left on Pirate's Beach West, left on Silver Reef and the lot is on the right hand side.
Price Information
Listing Price Info
Price Summary:
List Price: $235,000
HOA Fees:
Amount: $400
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Galveston, TX.
This property is $194.4K less than the Median Sold Price in Galveston, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #71990408
Listing Office:
Office Name: S&P Interests
Office Phone: (713) 766-4500
Listing Agent: Nelson Senegal
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 12/21/2024, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,273
Per Month
Principal & Interest
$1,173
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$33
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$771
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Oppe Elementary Magnet Campus of Coastal Studies
2915 81st St
Distance between this listing and this school7.22 miles
Public District Grades PK-4
6
/10
Parker Elementary School of International Studies
6802 Jones Dr
Distance between this listing and this school8.17 miles
Public District Grades PK-4
4
/10
Burnet STREAM Magnet School
5501 Avenue S
Distance between this listing and this school9.03 miles
Public District Grades PK-4
Nearby Schools
2
/10
Collegiate Academy at Weis
7100 Stewart Rd
Distance between this listing and this school7.86 miles
Public Magnet Grades 5-8
7
/10
Ambassadors Preparatory Academy
5001 Avenue U
Distance between this listing and this school9.25 miles
Public Charter Grades PK-8
3
/10
Central Middle School
3014 Sealy St
Distance between this listing and this school11.04 miles
Public District Grades 5-8
Nearby Schools
3
/10
Odyssey Academy - Galveston
2412 61st St
Distance between this listing and this school8.73 miles
Public Charter Grades PK-12
5
/10
AIM College and Career Preperatory Academy
5200 Ave N1 2
Distance between this listing and this school9.47 miles
Public District Grades 6-12
4
/10
Ball High School
4115 Avenue O
Distance between this listing and this school10.08 miles
The neighbors living near this home have an average income of $69,271. The most common annual income of people living in Galveston, TX is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4118 Silver Reef
What is the listing price of this property?
The listing price of 4118 Silver Reef property is $235,000.
What type of property is this?
The property 4118 Silver Reef is land located in Galveston, Texas, 77554.
Is this property for sale now?
Active Listing: 4118 Silver Reef is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4118 Silver Reef in Galveston, TX and zip code 77554 in the Pirates' Beach West neighborhood. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $235,000.
In November 2024 more than 1 listings in Galveston, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 49 were sold below. The inventory of homes for sale in Galveston, TX between October 2024 and November 2024 increased by 14%. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $429,400.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Oldsmobile
News/Talk/Information
New Country
Oldies