5 months on rocket

1902 Ursuline St, Galveston, TX, 77550

$625,000

Home List Price

$7,422*

Closing Credit

2 Bedrooms
2 Full Baths
2,896 SqFt
$216/SqFt
Multi

Location

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1902 Ursuline St, Galveston$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage
Year Built1957
HeatingCentral, Natural Gas
CoolingCentral Air, Electric, Window Unit(s)
MLS #2606796
StatusActive

About 1902 Ursuline St

Excellent turnkey investment opportunity with a 6.9% capitalization rate, fully leased and ready for a new owner. This historic property on Galveston Island, Texas, features a charming corner store on the first floor with a spacious second-floor residence. Enjoy the blend of commercial and residential spaces in a vibrant location near the Gulf of Mexico’s beautiful beaches and Galveston’s quaint downtown. Galveston Island is part of the Houston metropolitan area, strategically located close to Mexico and the Gulf Coast, benefiting from Houston’s economic drivers in maritime, energy, aerospace, and healthcare. Nearby, the University of Texas Medical Branch (UTMB), a renowned health sciences center since 1891, anchors the community with a large campus and multiple hospitals. Contact us today for inquiries and to schedule a visit.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 2
  • Living Area: 2,896 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Gary Greene - Galveston West End
  • Office Phone: (409) 737-5200
  • Listing Agent: Kimberly Saward

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Flooring Type: Concrete, Tile, Wood, Hardwood
  • Interior: Balcony, Granite Counters, Ceiling Fan(s), Programmable Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Private Entrance

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric, Window Unit(s)

Other

Directions Information:

  • Directions: I-45 South to Galveston Island. Turn right onto 19th Street. Turn right onto Avenue N. The building is on your immediate right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $216/SqFt
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Housing Market Comparison

See how this home compares to others in Galveston, TX.

Med. Sold Price

$429.4K

Med. Price/SqFt

$324

Avg. Days On Market

79

# of Sold Homes

52

1902 Ursuline St vs Galveston

152 DAYS ON ROCKET

+73 Days

$625,000

+$195.6K More

$216/SqFt

-$108 Less

KEY TAKEAWAY

This property is $195.6K more than the Median Sold Price and $108/SqFt less than other homes in Galveston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #2606796

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Gary Greene - Galveston West End
  • Office Phone: (409) 737-5200
  • Listing Agent: Kimberly Saward

Broker ReciprocityDisclaimer: 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”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 7:20:49 AM 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

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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.

Nearby Schools

school-card-donut-904781
6
/10
  • Morgan Elementary Health, Medical Science and Engineering Magnet

  • 1410 37th St

  • 0.75 miles

  • Public Magnet Grades PK-4

school-card-donut-904782
7
/10
  • Rosenburg Elementary School

  • 721 10th St

  • 1.25 miles

  • Public District Grades PK-2

school-card-donut-904783
4
/10
  • Burnet STREAM Magnet School

  • 5501 Avenue S

  • 2.19 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,250. The majority of Galveston, TX residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesTexasGalveston CountyGalveston775501902 Ursuline St

This home is located at 1902 Ursuline St in Galveston, TX and zip code 77550 in the Kempner Park neighborhood. This 2,896 square foot home was built in 1957. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $625,000.

While more than 1 listings in Galveston, TX in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 49 were sold below. The inventory of homes for sale in Galveston, TX between October 2024 and November 2024 increased by 14%. Listings spent 79 days on the market in November 2024, and had a median list price of $429,400 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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