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$594,000

1207 Postoffice, Galveston, TX, 77550

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths2,065 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.65 / sqft
Year BuiltBuilt in 1878

Property Lead Type:

Off-Market List

About this property

Own a piece of Galveston history in the heart of the East End Historic District. Constructed between 1866 and 1868 by Capt. John Davidson, the renowned Davidson-Penland House remarkably took no water during Hurricane Ike and has been home to several distinguished Galvestonians, including Samuel Penland, grandnephew of Sam Houston. This beautifully restored single-story Victorian offers 3 bedrooms, 2 full baths, original wood floors, a renovated kitchen, updated bathrooms, upgraded systems, and fresh interior finishes throughout. A detached garage and storage room provide added convenience, while the spacious, beautifully landscaped backyard is perfect for entertaining or relaxing in the coastal breeze. Ideally located just minutes from UTMB, The Strand, local bakeries, coffee shops, restaurants, and Galveston’s premier attractions, this exceptional property blends historic charm with modern comfort.

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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
$3,564 /month
Positive
Cash Flow Estimate:
$1,188 /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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1207 Postoffice | Property Details | No Agent List