




$236,000
NAL Estimated Property Value5428 Avenue P 1/2, Galveston, TX, 77551
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TWO HOUSES! This incredible listing includes 5428 Ave P 1/2 and 1914 55th Street homes. Tremendous opportunity to pick up two homes on the island! The possibilities are endless: short term vacation rentals, mother-in-law house, live in one home and use rental income from other home to pay your note. Ave P 1/2 is 2/1/2, 768sf on a 3,500 sf partially fenced corner lot and it is TURNKEY: appliances and furniture convey: ready for move-in after closing. 55th St is 2/1/2, 672sf on an adjoining 2,500sf lot. Interesting history on these high-raised homes, as the lots were purchased in the mid 30s. The houses were constructed by the owner’s parents and have remained within the same family since. A testament as to how well constructed these homes are - the structures have withstood all hurricanes since 1933 with NO flooding or windstorm damage to the upstairs living area. Both homes have very large garages and two cars are able to fit in underneath each home - a rare luxury on the Island.
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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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