$440,324 EMV

2 Baths   2,225 Sq. Ft.   Single-Family
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Adler Cir
Galveston, TX 77551

Overview

This Single-Family Foreclosure is located at Adler Cir, Galveston, TX 77551. It has 2 Baths , 2,225 sqft of living space. This property is currently bank owned with an estimated market value of $440,324.
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Status: Active
Listing ID: 61217987
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Learn about Adler Cir in Galveston, TX

This single-family property is available as a foreclosure at Adler Cir. It has bedrooms, 2 bathrooms, and 2,225 square feet of living space. Based on our analysis of the current market conditions in Galveston for Adler Cir and comparable listings, the estimated market value is $440,324. If purchased for rental purposes, the monthly rental rate could range between $2,260 and $3,060. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Adler Cir are updated daily along with others in Galveston, Texas. Since this property is a foreclosure, check out our Foreclosure Timeline for Adler Cir below to see helpful information about this listing.


Foreclosure Timeline

Adler Cir in Galveston Texas Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Adler Cir
View Foreclosure Status
11/15/23
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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Community & Neighborhood

This property in Galveston, TX is located in the Westwood Subdivision Subdivision.


Foreclosure

The property located at Adler Cir in Galveston, TX is listed as a Foreclosure

Properties like Adler Cir in Galveston, Texas listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Galveston, TX. The longer lenders own properties like this on Adler Cir, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Adler Cir located in Galveston, TX is $2,660/month. Comparable homes around Adler Cir that are rentals have monthly ranges starting as low as $2,260 per month and as high as $3,060 per month. An owner looking to use this property as an investment could bring a return in the area of $2,260 - $3,060 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Similar Homes Nearby Galveston, TX


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Adler Cir
Galveston, TX 77551

2 Baths   2,225 sq. ft.   Single-Family

$440,324 EMV

Status: Active Listing ID: 61217987

Property Information

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Public Records

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Property Description

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