




$321,000
NAL Estimated Property Value5118 Avenue S 1/2, Galveston, TX, 77551
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Adorable cottage not far from the beach. This property is located in an exclusive area where short term rentals are limited and/or not allowed. It’s a one story home with a very large yard and long driveway and is located within 2 blocks from the Denver/Woodrow area. Recent updates include: exterior paint, covered and paved patio just outside the back door. Bathroom was updated within the past 5 years. Home has nicely refinished hardwood flooring in main living area and bedrooms. Kitchen is spacious enough for a bistro table and chairs. The kitchen has the original period tiles on the countertops along with wooden cabinets and corner mounted sink surrounded by windows and views of the back yard.
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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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