3 months on rocket

5311 Perry Ave, Galveston, TX, 77551

$399,000

Home List Price

$4,738*

Closing Credit

5 Bedrooms
5 Full Baths
3,373 SqFt
$118/SqFt
Multi

Location

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5311 Perry Ave, Galveston$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1965
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #7853507
StatusActive

About 5311 Perry Ave

This triplex offers a fantastic opportunity for steady rental income. Featuring three distinct apartments, the property includes: Two spacious 2-bedroom apartments: Ideal for families or roommates, providing ample living space and comfort. One cozy 1-bedroom apartment downstairs: Perfect for seeking a more compact, manageable space. Each apartment is equipped with central air and heat, ensuring year-round comfort. 2 new recent A/C units. The property has been partially updated, combining modern amenities with classic charm. Updated kitchens, etc. Located on a nice quiet street in Galveston. Whether you're an experienced investor or looking to start your portfolio, this triplex is a great find with potential for strong returns. Don’t miss out on this opportunity to own a versatile income-producing property on Galveston Island. Call us today for a private tour!

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2
  • Living Area: 3,373 SqFt

Listing Office:

  • Office Name: KJ Platinum Properties LLC
  • Office Phone: (713) 340-4180
  • Listing Agent: Jennifer Hurst

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From 45 S stay on Broadway turn right on Mary Moody then right on Perry. The house is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $3,633
  • Tax Year: 2021
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Housing Market Comparison

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

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Galveston, TX

City

Med. Sold Price

$433.1K

Med. Price/SqFt

$328

Avg. Days On Market

83

# of Sold Homes

59

5311 Perry Ave vs Galveston

113 DAYS ON ROCKET

+30 Days

$399,000

-$34.1K Less

$118/SqFt

-$210 Less

KEY TAKEAWAY

This property is $34.1K less than the Median Sold Price and $210/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: #7853507

Listing Office:

  • Office Name: KJ Platinum Properties LLC
  • Office Phone: (713) 340-4180
  • Listing Agent: Jennifer Hurst

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: 11/21/2024, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,633$302,100
2020$4,724$214,940
2019$5,192$197,140
2018$5,210$210,560
2017$5,148$210,560

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-294427
4
/10

  • Burnet STREAM Magnet School

  • 5501 Avenue S

  • 0.60 miles

  • Public District Grades PK-4

school-card-donut-294428
6
/10

  • Parker Elementary School of International Studies

  • 6802 Jones Dr

  • 1.18 miles

  • Public District Grades PK-4

school-card-donut-294429
6
/10

  • Morgan Elementary Health, Medical Science and Engineering Magnet

  • 1410 37th St

  • 1.23 miles

  • Public Magnet Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,421. Most Galveston, TX residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Galveston County›Galveston›77551›5311 Perry Ave

This home is located at 5311 Perry Ave in Galveston, TX and zip code 77551 in the Bayou Shores neighborhood. This 3,373 square foot home was built in 1965. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $399,000.

In October 2024, from all listings sold in Galveston, TX there were more than 2 sold above asking price, over 52 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Galveston, TX between September 2024 and October 2024 increased by 15.7%. The median list price of listings available in October 2024 was $433,113, while the average time on the real estate market was 83 days.

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

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