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$100,000

NAL Estimated Property Value

1128 62nd Street, Galveston, TX, 77551

Off MarketInfo
Baths0 Bath

About this property

Great Corner lot located just across the street from Offat's Bayou. Perfect to build your Galveston home with possible water views. The adjacent 7875 sq ft lot at 1128 62nd St is also available for sale (MLS #8595018) which would give you ample room for a large home with swimming pool, etc. The 9694 sq ft waterfront lot across the street on Offat's Bayou at 6127 Ave L, is also available (MLS # 59904386). Conveniently located with easy access to I-45 making it perfect for commuters to and from the island.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Galveston

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1128 62nd Street | Property Details | No Agent List