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4511 Avenue R 1/2, Galveston, TX, 77551

4beds
2baths
1,542sqft
$425,000
$276price/sqft
$3,144/moest. monthly cost
$125,760/yrincome needed

About This Home

TWO HOMES on one large lot centrally located only a few blocks to the seawall. Front house is a very nice brick home. The back house is on pilings with lots of storage under the house. A 6ft fence separates the homes with separate access points. Both homes were completely remodel. New LVT waterproof laminate flooring. Open floor plan with new kitchen, new central HVAC system 'both homes', new pex water lines, totally remodeled bathroom, new interior doors, fresh paint, Quartz countertops with glass backsplash, and light pendants. One car garage, and off street parking. The front house is currently vacant. This house was rented for $2,000 a month. The back house has a month-to-month tenant at $1,400. Total income of $3,400 a month. Great investment. Live in one, and rent the other. Numerous opportunities.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

3/10
Burnet Elementary SchoolGrades PK-40.7 mi
5/10
AIM College & Career PrepGrades 7-120.7 mi
5/10
Ball High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Composition
  • Construction materials: Brick,Cement Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Disposal,Microwave,Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Engineered Hardwood,Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,542
  • Total interior livable area: 1,542 sqft

Property

Details

  • Parcel number: 351001313004001

Features

  • Stories: 1

Lot

  • Lot size: 6,176 sqft

Parking

  • Parking features: Garage
  • Has garage: Yes

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 WaveVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Coastal Flooding
Hurricane
Heat Wave
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 $2,149$25,788
Home Insurance *$169$2,028
Property Taxes $588$7,056
Electricity $238$2,859
Total$3,144$37,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,794/yr
40% on housing$94,320/yr
45% on housing$83,840/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

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 77551$132
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
2026-04-27Listed for rent$1,850
2025-08-20Listing removed$1,500
2025-07-15Price change$1,500
2025-06-28Listed for rent$1,650
2024-01-17Listing removed--
2023-10-26Listing removed--
2023-09-19Price change$1,350
2023-09-04Listed for sale$415,000
2023-08-21Listed for rent$1,400
2023-03-03Listing removed--
2023-02-21Price change$1,650
2023-02-21Price change$425,000
2023-02-13Price change$439,000
2023-02-08Price change$1,850
2023-01-22Listed for sale$450,000
2022-12-24Listed for rent$2,000

For Sale by Agent

AgentRyan Moody
BrokerageRE/MAX Leading Edge

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