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$110,000

Lot 20 Shaman Drive, Galveston, TX, 77554

PendingInfo
Baths0 Bath

About this property

Located in the desirable Indian Beach community on Galveston’s West End, Lot 20 offers a unique opportunity to build your coastal retreat. This irregularly shaped lot provides flexibility in design and layout, making it ideal for creating a custom home that maximizes its potential. With the right build, you could capture refreshing Gulf breezes and possible beach views from elevated levels. Indian Beach is known for its large lot sizes, peaceful atmosphere, and private amenities including beach access, a community pool, tennis courts, and a fishing pier. Whether you’re seeking a vacation getaway or an investment opportunity, this property sets the stage for your vision of island living.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$400/month
5.947%

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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