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5019 Avenue M 1/2, Galveston, TX, 77551

3beds
2baths
1,596sqft
$275,000
$172price/sqft
$2,183/moest. monthly cost
$87,320/yrincome needed

About This Home

ISLAND CHARM MEETS INCREDIBLE OPPORTUNITY! This refreshed GALVESTON GEM offers a flexible setup with a full single-family home upstairs and a separate efficiency below — perfect for RENTAL INCOME, GUESTS, or MULTI-GENERATIONAL LIVING! The upper level showcases ORIGINAL HARDWOOD FLOORS, a NEW BATHTUB with TILE SURROUND and VANITY, plus a bright kitchen with STYLISH UPDATES and a GAS STOVE. Downstairs, the efficiency is MOVE-IN READY with a TILED SHOWER, UPDATED CABINETS, NEW COUNTERTOPS, and a DROP-IN GAS STOVE. Added conveniences include a GARAGE and IN-HOME UTILITY ROOM for everyday ease. Situated on a SUBDIVISION LOT close to the SEAWALL, shopping, schools, and favorite island dining — this property delivers COMFORT, FLEXIBILITY, and VALUE in one exciting package. LIVE IN ONE, LEASE THE OTHER, or enjoy both — your ISLAND LIFESTYLE starts here!

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

3/10
Burnet Elementary SchoolGrades PK-40.8 mi
5/10
AIM College & Career PrepGrades 7-120.1 mi
5/10
Ball High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1963

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Free-Standing Range,Gas Range

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • 2 Bedrooms Down,Primary Bed - 2nd Floor
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Other,Window Unit
  • Cooling features: Ceiling Fan(s),Other,Window Unit(s)

Interior Area

  • Total structure area: 1,596
  • Total interior livable area: 1,596 sqft

Kitchen

  • Features: Kitchen open to Family Room,Pots/Pans Drawers

Master Bathroom

  • Features: Full Secondary Bathroom Down,Primary Bath: Tub/Shower Combo,Secondary Bath(s): Shower Only

Property

Details

  • Parcel number: 617400000011001

Features

  • Stories: 2
  • Exterior features: Back Green Space
  • Fencing: Back Yard

Lot

  • Lot size: 2,800 sqft
  • Features: Back Yard,Subdivided,0 Up To 1/4 Acre

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
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 $1,390$16,680
Home Insurance *$109$1,308
Property Taxes $446$5,352
Electricity $238$2,859
Total$2,183$26,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,845/yr
40% on housing$65,490/yr
45% on housing$58,213/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

$172This 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)

No zestimate history available

Price History

DateEventPrice
2026-03-14Price change$275,000
2026-01-29Price change$1,595
2025-11-10Listed for rent$1,800
2025-11-10Listing removed$895
2025-10-28Price change$895
2025-10-27Price change$1,800
2025-10-17Listed for sale$288,000
2025-10-02Listed for rent$1,795

For Sale by Agent

AgentCynthia Corder
BrokerageeXp Realty LLC

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