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1514 51st St, Galveston, TX, 77551

2beds
1baths
648sqft
$269,000
$415price/sqft
$2,077/moest. monthly cost
$83,080/yrincome needed

About This Home

Featured on Magnolia Network’s Restoring Galveston, this income producing and charming two bedroom, one bath home has been fully restored, offering modern amenities while preserving its historic charm. With no wasted space, it includes new plumbing, electrical, HVAC, and a 2020 WPI8 metal roof. The original windows have been meticulously restored, and the oak floors have been beautifully refinished. Both bedrooms fit queen beds, with plenty of closet space and storage. Enjoy a full-size laundry, 17 feet of kitchen with ample counter and cabinet space, a pull-out pantry, and sleek new appliances. The large deck is perfect for entertaining, with a side yard and an outdoor shower for added convenience. A 500-gallon stainless steel rain tank and a 650 sq ft tandem two-car garage, ideal for a golf cart and beach gear, complete this home. This home comes fully furnished and ready for you to move in!

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

3/10
Burnet Elementary SchoolGrades PK-40.7 mi
5/10
AIM College & Career PrepGrades 7-120.1 mi
5/10
Ball High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Dryer,Refrigerator,Washer,Electric Oven,Microwave,Electric Cooktop,Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • High Ceilings,All Bedrooms Up
  • Flooring: Wood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 648
  • Total interior livable area: 648 sqft

Master Bathroom

  • Features: Primary Bath: Tub/Shower Combo

Property

Details

  • Parcel number: 296500660023002

Features

  • Stories: 1
  • Exterior features: Balcony

Lot

  • Lot size: 1,751 sqft
  • Features: Subdivided,0 Up To 1/4 Acre

Parking

  • Total spaces: 2
  • Parking features: Attached,Tandem
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Coastal Flooding
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,360$16,320
Home Insurance *$107$1,284
Property Taxes $372$4,464
Electricity $238$2,859
Total$2,077$24,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,211/yr
40% on housing$62,310/yr
45% on housing$55,386/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$415This listing

vs Other Active Listings

Avg $/sqft

ZIP 77551$134
Galveston County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 77551$208
Galveston County$165

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-09Price change$269,000
2025-11-21Price change$265,000
2025-06-23Price change$275,000
2025-03-31Listed for sale$299,000
2020-03-04Listing removed$225,000
2020-01-13Pending sale$225,000
2020-01-06Listed for sale$225,000

For Sale by Agent

AgentJamie Terry
BrokeragePriority One Real Estate

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