3220 69th St, Galveston, TX 77551

2 bd · 2 ba · 1,009 sqft · built 1980 · Galveston · CONDOS·source listing ↗

$175,000

$199,000 first listed

seller intel

Price cut

−12.1%

from $199,000

Motivation score

60/100

OnePercent model (vv1)$1,577/mo

p10–p90 confidence band

HUD Fair Market Rent · 77551 · 2BR$1,590/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Galveston

Flood risk indexRelatively Moderate FEMA NRI

Median household income$58,344

Median area rent$1,352/mo

Median home value$290,600

the verdict

0.90%vs 0.8% target

financing: 20% down · — (FRED, live) · 30yr

$175,000

0.90% · rent $1,577

Intrinsic value · income approach

$255,583

32% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.