2821 26th Ave N, Texas City, TX 77590
Analyzed
Call Notes
Seller
NameNancy Johnston
Phone(409) 256-7195
Emailnjohnston@hotmail.com
Timelineflexible
Reason for sellingdownsizing
Legal owner statusyes-owner
Property
Typesingle-family
Conditionfair
CountyGalveston
Valuation
ARV$215,000
Equity$195,225 (91.0%)
Mortgage balance (est.)$19,775 (63.1% of original loan paid off)
Monthly mortgage payment$325
Monthly HOANone
Original loan amount$53,649
Involuntary liensNone found
Owner of recordJOHNSTON NANCY M
Owner match✓ Matches lead
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%$150,500
60%$129,000
50%$107,500
Pitch the Offer
ARV$
Market discount%−$32,250
Realtor fee%−$12,900
Closing costs%−$8,600
Rehab reserve$
Interest rate%−$397 / 6momanually entered rate
Insurance (annual, % of ARV)%−$1,075 / 6mo
Annual property taxes$−$2,281 / 6mo
Net before mortgage payoff$153,197
Mortgage payoff$defaults to the seller-reported balance above, or PropStream's estimate if none is set
Net offer$133,422
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.