1211 Post Office St, Galveston, TX 77550
Analyzed
Call Notes
Seller
NameJames Sanders
Phone(713) 412-6350
Emailkamjsanders81@gmail.com
Timeline30-days
Reason for sellinginherited
Legal owner statusyes-owner
Property
Typesingle-family
Conditionfair
CountyGalveston
Valuation
ARV$471,000
Equity$349,448 (74.0%)
Mortgage balance (est.)$121,552 (0.4% of original loan paid off)
Monthly mortgage payment$767
Monthly HOA$1,286
Original loan amount$122,000
Involuntary liensNone found
Owner of recordJAMIE GLENNS SMOKEHOUSE INVESTMENTS & HOLDING
Owner match⚠️ Does not match — verify manually
Mortgage balance is PropStream's amortization estimate from the original loan's recorded terms — not a live servicer balance. It won't reflect a refinance, cash-out, or ARM rate reset since origination; verify with the seller directly when it matters.
Maximum Allowable Offer (% of ARV)
70%$329,700
60%$282,600
50%$235,500
Pitch the Offer
ARV$
Market discount%−$70,650
Realtor fee%−$28,260
Closing costs%−$18,840
Rehab reserve$
Interest rate%−$3,926 / 6momanually entered rate
Insurance (annual, % of ARV)%−$2,355 / 6mo
Annual property taxes$−$5,085 / 6mo
Net before mortgage payoff$332,464
Mortgage payoff$defaults to the seller-reported balance above, or PropStream's estimate if none is set
Net offer$210,912
Every number above is editable — type over any default and Net Offer recalculates instantly; click Save pitch numbers to keep your edits for next time. The 6-mo carry cost charges interest only, not principal — the mortgage payoff already accounts for the principal, so charging 6 months of principal reduction on top of that would double-count it.