




$129,000
402 Post Office St Apt 201, Galveston, TX, 77550
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About this property
Welcome to Excelsior Condominiums on Postoffice Street. This top-level 1 bedroom, 1 bathroom residence at 402 Postoffice St #201 offers privacy with no unit above. Interior highlights include hardwood floors, granite countertops, crown molding, and a European-style bath with marble tile, travertine flooring, and mosaic shower. The open living area connects to a well-equipped kitchen with an eating bar, plus refrigerator and stackable washer/dryer included—move-in ready. The gated community offers a tropical courtyard with fountains, benches, and pool, along with gated covered parking. HOA covers water, sewer, exterior, insurance, and common grounds. Vacation rentals are not permitted. This property has never flooded and is convenient to UTMB, the beach, The Strand, and other Galveston attractions. Tenant occupied through July 2027.
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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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