7002 Jones Dr Galveston, TX 77551
This exceptional investment opportunity presents a four-bedroom, two-bathroom single-family home situated on a spacious corner lot in the desirable Wimcrest subdivision of Galveston, Texas, zip code 77551. Priced at $320,000, this property offers significant potential for rental income. The home boasts a large den, perfect for family gatherings, complemented by a charming mock fireplace with a mantle. A cement patio and expansive backyard provide ample space for outdoor entertaining and family living. Conveniently located within walking distance of Parker Elementary and Weis Middle School, this property also enjoys proximity to churches, shopping centers, and the popular Moody Gardens. The home's layout offers approximate room sizes, allowing for customization and creating a comfortable living space for tenants. This is a fantastic cash flow opportunity for investors seeking to capitalize on the growing Galveston County market. The property's strategic location and potential for transformation make it an attractive investment. Don't miss this chance to acquire a well-positioned rental property in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.