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$844,000

12012 Ostermeyer Road A & B, Galveston, TX, 77554

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,503 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$337.2 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Refrigerator, Gas Range

Building Information

Garage Spaces4

About this property

GULF VIEWS, CANAL VIEWS, GORGEOUS SUNSETS, THIS IS A MUST SEE! Recent construction and nearly-new condition. This is an opportunity to purchase two separate houses on a large lot. Each house has two bedrooms and two bathrooms with indoor laundry, solid surface countertops, large, walk-in closets, travertine flooring, beautiful covered parking and storage areas, enclosed cargo lifts, large covered decks, and more! The houses enjoy great views of Millie's Rd. canal and a peaceful rural setting. The convenience of living in one house and renting another is an option here. Or keep one and sell the other! The lot is nearly half an acre and can easily be divided if you choose. This is the perfect multi-family or multi-generational set-up too, need a place for an aging relative or young adult needing private space? This is it! The perfect investment property, getaway, or full-time residence. Call me today to set up a tour.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,064 /month
Positive
Cash Flow Estimate:
$1,688 /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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12012 Ostermeyer Road A & B | Property Details | No Agent List