1602 Avenue L · Galveston, TX 77550

$379,000

4 bd · 2.0 ba · 2,074 sqft · MultiFamily public records · 60 Days on market

Built 1897 Good condition $183/sqft · 12% below area Est $430k · 12% under

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +12.8/15.0
• Schools +4.7/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• Cash flow +3.7/30.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks

Investor’s dream and income opportunity! This charming 1897 Lost Bayou duplex offers a fully updated upstairs 2-bedroom, 1-bath unit, plus a downstairs unit ready for remodel. Each has its own private entry. The upstairs apartment boasts new electrical and plumbing, a stylish kitchen with quartz countertops, custom cabinets, and stainless-steel appliances. Custom shutters frame the windows, filling the space with natural light. Just steps from popular dining spots and entertainment, its central location makes commuting or enjoying the coastal lifestyle a breeze.

Key facts

• Quartz countertops
• Custom cabinets
• Stylish kitchen

Tags

• FULLY UPDATED UPSTAIRS UNIT
• PRIVATE ENTRY
• NEW ELECTRICAL AND PLUMBING
• STYLISH KITCHEN
• QUARTZ COUNTERTOPS
• CUSTOM CABINETS

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/?-bath units multifamily listed at $379k. Condition is rated good.
• This rent per unit runs 40% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Deal economics

• At list price, monthly cash flow is $-2k ($-19k/yr) — negative. Per door: $-773/mo.
• To cash-flow at today's rent, offer at most $281k (25.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $300k (20.8% below list).
• Recommended offer: $281k (25.8% below list) — sets the bar for cash-flow.
• Cap rate 2.7% vs local median 0.2% in Galveston — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#108 in TX, #3,559 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities D+, employment D, crime F.
• Galveston ISD (town): math 33% / reading 39% proficiency, ranked #514 of 826 in TX (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Oppe El (math 67% / reading 60%, grade B, #291 of 4,322 statewide, top 7%, 610 students, 63% FRL); Central Middle (math 18% / reading 21%, grade F, #1,445 of 1,662 statewide, top 88%, 879 students, 80% FRL); Ball H S (math 17% / reading 44%, grade F, #1,085 of 1,632 statewide, top 67%, 1,934 students, 73% FRL) — zoned schools at 72% FRL track the district average.
• Market conditions: 720 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 48d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Galveston County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 60 days — a 3% lower offer ($368k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 4.3% of price; flood insurance adds $427/mo; built in 1897 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $281,221 (25.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
4. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
5. Built in 1897 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
7. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
10. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
11. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
12. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.79% ✗
• Cap rate: 2.75%
• Cash-on-cash: -12.67%
• DSCR: 0.44
• GRM: 10.5

CMA / ARV

• ARV (median comp): $429,973
• List price: $379,000
• Delta: -11.85%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1820 Avenue M	0.19mi	5/2.5 (+1)	2,104 (+1%)	1mo	$498,500	$237	81
1711 Winnie St	0.31mi	4/2.0	1,940 (-6%)	0mo	$625,000	$322	74
1127 Avenue M	0.32mi	4/3.0	1,948 (-6%)	1mo	$649,000	$333	70
1207 Postoffice	0.51mi	3/2.0 (-1)	2,065 (-0%)	1mo	$594,000	$288	70
1416 Sealy St	0.23mi	3/2.0 (-1)	2,524 (+22%)	1mo	$775,000	$307	58
3301 Ursuline St	1.25mi	4/3.0	2,171 (+5%)	1mo	$489,000	$225	53
1415 Moody Ave	0.40mi	4/3.0	1,610 (-22%)	0mo	$274,900	$171	52
3024 Avenue O 1/2	1.12mi	4/2.0	2,250 (+8%)	0mo	$625,000	$278	50
1310 Rosenberg St	0.63mi	3/2.5 (-1)	2,262 (+9%)	0mo	$675,000	$298	48
919 Winnie St	0.56mi	3/2.0 (-1)	2,432 (+17%)	0mo	$299,900	$123	44
1213 32nd St	1.16mi	5/2.5 (+1)	1,672 (-19%)	0mo	$244,900	$146	33
2605 Avenue O 1/2	0.84mi	3/3.0 (-1)	2,402 (+16%)	0mo	$550,000	$229	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -50.6%
• Equity multiple: -0.50×
• Total profit: $-159,072
• Equity at exit: $56,510

10-year hold

• IRR: -97.9%
• Equity multiple: -1.47×
• Total profit: $-261,930
• Equity at exit: $32,769

Cash invested: $106,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 10 active · 2 under contract
• Months of supply: 60.0 mo (2%/mo absorbed)
• Median asking: $387,200 ($216/sqft)
• Median days on market: 93 d
• This list price: 40% of active listings are priced below it
• ARV vs active asking: -4.2% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 77550

• Home prices YoY: -32.9%
• Active inventory: 720
• Price-to-rent: 21.1×

Monthly cashflow live

• Estimated rent: $3,000 high
• Mortgage (P&I): −$1,988
• Tax from tax record: −$1,345 /mo · $16,135/yr
• Insurance: −$158
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$630
• Net cashflow: $-1,547

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	—	$3,000
Total (2 units)			$3,000

Break-even live

Break-even rent $4,958

Max offer price $281,221

Occupancy floor —

Sensitivity live

Price	-10% $-1,332	-5% $-1,439	+0% $-1,547	+5% $-1,654	+10% $-1,761
Rent	-10% $-1,784	-5% $-1,665	+0% $-1,547	+5% $-1,428	+10% $-1,310
Rate	-1.0pp $-1,356	-0.5pp $-1,450	base $-1,547	+0.5pp $-1,645	+1.0pp $-1,745

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $94,750
• Closing costs: $11,370
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1604 Avenue L Unit UP Galveston, TX	2.0	1.0	—	$1,500	—	73d	1	0.03mi
1704 Avenue L Galveston, TX	1.0	1.0	480	$1,200	$2.50	30d	1	0.05mi
1709 Avenue L Apt Up Galveston, TX	2.0	2.0	—	$1,395	—	20d	1	0.05mi
1801 Avenue L Unit Down Galveston, TX	1.0	1.0	—	$2,200	—	16d	1	0.11mi
1516 Avenue K Unit D Galveston, TX	2.0	1.0	—	$1,275	—	93d	1	0.12mi
1315 18th St Unit Down Galveston, TX	1.0	1.0	—	$975	—	52d	1	0.14mi
1410 17th St Galveston, TX	3.0	2.0	—	$3,000	—	54d	1	0.14mi
1814 Avenue M 1/2 Unit 1 Galveston, TX	2.0	1.0	—	$1,100	—	0d	1	0.17mi
1214 14th St Galveston, TX	2.0	1.0	—	$1,350	—	73d	1	0.20mi
1214 14th St Galveston, TX	3.0	1.0	—	$1,350	—	93d	1	0.20mi
1807 N AVE Unit Up Galveston, TX	3.0	1.0	—	$1,400	—	4d	1	0.22mi
1807 N AVE Unit 2 Galveston, TX	3.0	1.0	1248	$1,450	$1.16	71d	1	0.22mi
1624 Sealy Ave #202 Galveston, TX	2.0	1.0	—	$1,600	—	93d	1	0.23mi
1624 Sealy Ave Apt 102 Galveston, TX	2.0	1.0	—	$1,600	—	12d	1	0.23mi
1909 Broadway Avenue J Unit UP Galveston, TX	2.0	2.0	—	$2,000	—	59d	1	0.23mi
816 16th St Galveston, TX	3.0	2.0	—	$2,000	—	21d	1	0.24mi
1314 Avenue M 1/2 Galveston, TX	2.0	1.0	—	$1,499	—	8d	1	0.25mi
1917 Avenue M 1/2 Galveston, TX	2.0	2.0	—	$1,499	—	93d	1	0.25mi
1623 N Avenue 1/2 Unit GA-REAR Galveston, TX	1.0	1.0	—	$1,375	—	70d	1	0.25mi
1107 13th St #2 Galveston, TX	1.0	1.0	—	$950	—	93d	1	0.25mi
1814 N Avenue 1/2 Unit 1/2 REAR Galveston, TX	2.0	1.0	1715	$1,450	$0.85	17d	1	0.26mi
1814 N Avenue 1/2 #3 Galveston, TX	2.0	1.0	—	$1,499	—	17d	1	0.26mi
1927 Avenue M 1/2 Galveston, TX	3.0	1.0	1085	$1,450	$1.34	1d	2	0.27mi
1927 Avenue M 1/2 Unit 10 Galveston, TX	3.0	1.0	—	$1,599	—	48d	1	0.27mi
1927 Avenue M 1/2 Unit 4 Galveston, TX	3.0	1.0	—	$1,450	—	32d	1	0.27mi
1613 17th St Galveston, TX	2.0	2.0	1163	$1,700	$1.46	28d	1	0.28mi
1624 17th St Unit Down Galveston, TX	1.0	1.0	—	$1,075	—	4d	1	0.29mi
1628 Avenue O Galveston, TX	2.0	2.0	—	$1,775	—	4d	1	0.29mi
1224 Avenue K Galveston, TX	3.0	2.5	—	$3,550	—	12d	1	0.29mi
1210 Avenue M Galveston, TX	1.0	1.0	—	$1,150	—	93d	1	0.31mi
1416 13th St Galveston, TX	1.0	1.0	—	$1,550	—	73d	1	0.31mi
1401 Ball Galveston, TX	3.0	1.5	—	$2,200	—	68d	1	0.32mi
1701 17th St Unit D Galveston, TX	2.0	1.0	—	$1,500	—	93d	1	0.32mi
2005 Sealy Ave Unit B Galveston, TX	2.0	1.5	—	$1,600	—	73d	1	0.33mi
1114 12th St Galveston, TX	2.0	1.0	—	$1,600	—	51d	1	0.34mi
2106 Avenue K Unit 4 Galveston, TX	2.0	1.0	750	$1,400	$1.87	7d	1	0.35mi
1421 Winnie St Galveston, TX	3.0	2.5	—	$2,300	—	93d	1	0.35mi
1708 19th St Apt 1 Galveston, TX	2.0	1.0	—	$1,300	—	7d	1	0.35mi
1307 Ball Galveston, TX	3.0	2.5	—	$3,400	—	93d	1	0.36mi
1407 Winnie St Galveston, TX	3.0	2.0	—	$2,800	—	23d	1	0.37mi

Property features AI

Finance

• Financial info: Two total units (multi-unit property)

Exterior

• Utilities: Electricity availableNatural gas availableWater available
• Home design: Residential income propertyFaces south
• Construction: Wood sidingBuilt in 1897
• Exterior features: PatioNear public transitOther lot features

Interior

• Kitchen: MicrowaveRefrigerator
• Flooring: TileWoodHardwood
• Bathrooms: 1 full bathroom
• Interior features: BalconyQuartz countersWindow treatmentsCeiling fan(s)Window coveringsPrivate entrance
• Laundry & utility: Washer hookupDryer hookup

Listing history 50 events

1. 2026-08-08
   days on market $379,000 Active 60 DOM
2. 2026-08-06
   days on market $379,000 Active 58 DOM
3. 2026-08-05
   days on market $379,000 Active 57 DOM
4. 2026-08-04
   days on market $379,000 Active 56 DOM
5. 2026-08-03
   days on market $379,000 Active 55 DOM
6. 2026-07-31
   days on market $379,000 Active 52 DOM
7. 2026-07-30
   days on market $379,000 Active 50 DOM
8. 2026-07-28
   days on market $379,000 Active 49 DOM
9. 2026-07-26
   days on market $379,000 Active 47 DOM
10. 2026-07-24
    days on market $379,000 Active 45 DOM
11. 2026-07-23
    days on market $379,000 Active 44 DOM
12. 2026-07-22
    days on market $379,000 Active 43 DOM
13. 2026-07-21
    days on market $379,000 Active 42 DOM
14. 2026-07-20
    days on market $379,000 Active 41 DOM
15. 2026-07-18
    days on market $379,000 Active 39 DOM
16. 2026-07-18
    days on market $379,000 Active 38 DOM
17. 2026-07-16
    days on market $379,000 Active 37 DOM
18. 2026-07-15
    days on market $379,000 Active 36 DOM
19. 2026-07-14
    days on market $379,000 Active 35 DOM
20. 2026-07-13
    days on market $379,000 Active 34 DOM
21. 2026-07-13
    days on market $379,000 Active 33 DOM
22. 2026-07-11
    days on market $379,000 Active 32 DOM
23. 2026-07-10
    days on market $379,000 Active 31 DOM
24. 2026-07-09
    days on market $379,000 Active 30 DOM
25. 2026-07-07
    days on market $379,000 Active 28 DOM
26. 2026-07-06
    days on market $379,000 Active 27 DOM
27. 2026-07-06
    days on market $379,000 Active 26 DOM
28. 2026-07-05
    days on market $379,000 Active 25 DOM
29. 2026-07-03
    days on market $379,000 Active 24 DOM
30. 2026-07-02
    days on market $379,000 Active 23 DOM
31. 2026-07-01
    days on market $379,000 Active 22 DOM
32. 2026-06-30
    days on market $379,000 Active 21 DOM
33. 2026-06-29
    days on market $379,000 Active 20 DOM
34. 2026-06-28
    days on market $379,000 Active 19 DOM
35. 2026-06-27
    days on market $379,000 Active 18 DOM
36. 2026-06-26
    days on market $379,000 Active 17 DOM
37. 2026-06-24
    days on market $379,000 Active 15 DOM
38. 2026-06-22
    days on market $379,000 Active 13 DOM
39. 2026-06-21
    days on market $379,000 Active 12 DOM
40. 2026-06-18
    days on market $379,000 Active 9 DOM
41. 2026-06-17
    days on market $379,000 Active 8 DOM
42. 2026-06-16
    days on market $379,000 Active 7 DOM
43. 2026-06-15
    days on market $379,000 Active 6 DOM
44. 2026-06-13
    days on market $379,000 Active 4 DOM
45. 2026-06-10
    days on marketlisting id $379,000 Active 1 DOM
46. 2026-06-09
    days on market $379,000 Active 70 DOM
47. 2026-06-08
    days on market $379,000 Active 69 DOM
48. 2026-06-07
    days on market $379,000 Active 68 DOM
49. 2026-06-04
    days on market $379,000 Active 65 DOM
50. 2026-06-03
    days on market $379,000 Active 64 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $16,135 · $1,345/mo
• Projected year-2 tax: $16,135 · $1,345/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,000
• − Mortgage interest: −$21,230
• − Property taxes: −$16,135
• − Insurance: −$7,014
• − Repairs & maintenance: −$2,880
• − Management: −$2,880
• − Depreciation: −$11,025
• Taxable loss: −$25,164
• Est. tax savings @ 24.0%: +$6,039
• After-tax cash flow: $-12,519/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $10,370–$31,110 screening

This charming 1897 Lost Bayou duplex is in good condition with a fully updated upstairs unit and a downstairs unit ready for rental or sale. The home offers a great investment opportunity with potential for further updates to increase its value.

Value-add opportunities

• Both Paint the exterior siding and trim for a fresh look. — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Install new flooring in the downstairs unit. — Improves the overall appearance and can attract more renters or buyers. ↑
• Both Update the kitchen appliances in the downstairs unit. — Modernizes the space and can increase both resale and rental value. ↑
• Both Install new lighting fixtures throughout the home. — Enhances the ambiance and can increase both resale and rental value. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 46/100

Zoned Schools

Elementary Parker El F TX #1,995/4,322 Nat'l #23,081/41,679 Middle Austin Middle A TX #35/1,662 Nat'l #537/14,009 High Ball H S F TX #1,085/1,632 Nat'l #10,882/17,239

Schools (NCES district)

• District: Galveston ISD
• NCES district ID: 4820280
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 39% ▼ -4.00%
• Median HH income: $40,162
• Composite: 30.22/100
• National rank: #6299
• State rank: #514 of 826 in TX

B Composite livability gradescore 76/100

Livability — Galveston

• Score: 76/100
• State rank: #108
• US rank: #3559

Category grades

Amenities D+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Galveston, TX
• County: Galveston County · 390,640 people
• City population: 55,599
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 23,489
• Household income: $45,047
• Rent vs Own: 60.0% rent · 40.0% own
• Severe rent burden: 10% of renters

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Population outlook (Galveston County) Hauer SSP2

• Today (2025): 390,640 people
• By 2030: 425,226 · +8.9%
• By 2040: 493,765 · +26.4%
• By 2050: 559,698 · +43.3%
• By 2075: 719,260 · +84.1%
• By 2100: 819,628 · +109.8%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: White 46% Hispanic / Latino 30% Two or more races 19% Black 19% Asian 3%
• Hispanic origin (detail): Mexican 21% Puerto Rican 1%
• Common ancestry: Lithuanian 2% Italian 2% Romanian 1%
• Foreign-born: 11% · Canada, Jamaica
• Languages at home: 75% English-only · Spanish 18% Other Asian/Pacific 2% Russian/Polish/Slavic 1%

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Political lean MEDSL · Galveston

• 2024 margin: Strong R (+27.4) · D 35.7% · R 63.1% · Other 1.2%
• 2008→2024 swing: -7.9pp toward R · 2008: -19.5pp · 2024: -27.4pp
• All cycles: 2024: R+27.4 2020: R+22.6 2016: R+22.6 2012: R+26.9 2008: R+19.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -158.96%
• Current HPI: 324.2159
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Property features AI

Finance

• Financial info: Two total units (multi-unit property)

Exterior

• Utilities: Electricity availableNatural gas availableWater available
• Home design: Residential income propertyFaces south
• Construction: Wood sidingBuilt in 1897
• Exterior features: PatioNear public transitOther lot features

Interior

• Kitchen: MicrowaveRefrigerator
• Flooring: TileWoodHardwood
• Bathrooms: 1 full bathroom
• Interior features: BalconyQuartz countersWindow treatmentsCeiling fan(s)Window coveringsPrivate entrance
• Laundry & utility: Washer hookupDryer hookup

Price history

-75.9% since first listed

8 events — show timeline

• 2026-06-09 Listing Removed — HARMLS
• 2026-06-09 Listed $379,000 HARMLS
• 2026-04-01 Listed $379,000 HARMLS
• 2026-03-02 Listing Removed — HARMLS
• 2025-10-30 Listed $1,150,000 HARMLS
• 2024-11-26 Listing Removed — HARMLS
• 2024-08-19 Price Changed $1,499,000 HARMLS
• 2024-04-26 Listed $1,575,000 HARMLS

Property tax history

+12.8%/yr

Latest (2025): $16,135 · -3.1% YoY. Source: county tax records.