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$499,000

12101 Ostermeyer Road, Galveston, TX, 77554

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7.24 acres

Land Information

APN7206-0000-0269-002
Lot Number269
SubdivisionTrimble & Lindsey Sec 2
Land UseAgriculture / Farming
Legal DescriptionABST 121 HALL & JONES SUR PT OF LOT 269 (269-2) TRIMBLE & LINDSEY SEC 2
Census Tract726000
Assessed Land Value$390
Assessment Year2025

About this property

12.28 Acre to include Lot # 269 7.24 acres, 276 4.04 Acres, & 270 1 Acre. The tract located right on Ostermeyer Road with 198' of frontage. Located 3/4 of mile from the Gulf and there and its less than 1.5 miles from Galveston Bay. The property is in an AE Flood Zone. Build your own "Ranchette" with a water view, bring your horses and your imagination. It also only 750' away from the famous Los Palmas ranch. Seller is willing to sell some additional adjacent Lot 256 8.7 Acres at 12023 Ostermeyer road and Lot #235 3.6 Acres at 11918 Stewart Rd. As agent for other adjacent and nearby properties for sale.

Investor Tools

$0Estimated Mortgage Balance
$390Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Mark Coyle

RE/MAX Leading Edge

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4
$390
2025
$390
N/A
$184,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4
$390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$390
100%
0%
$0/mo

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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12101 Ostermeyer Road | Property Details | No Agent List