




$370,000
2721 P 1/2 Avenue, Galveston, TX, 77550
About this property
Investor special in prime coastal location! Property is being sold as-is and priced below appraised value. Home features recent updates including a new roof, central A/C, water heater, and fresh interior paint. The structure is in good condition with high ceilings and original architectural charm throughout. Kitchen and half bath are incomplete and ready for customization. Spacious backyard includes a large deck with partial ocean views and potential for enhancement. Fenced yard adds privacy and functionality. Located just minutes from the beach, Pleasure Pier, UTMB, The Strand, cruise terminal, ferry, and other major attractions. Ideal for investors seeking a long-term or short-term rental opportunity. Seller has remodeling materials on-site that may convey. Great potential for value-add in a highly desirable area.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Galveston
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