1602 Avenue L, Galveston, TX, 77550
About This Home
Investor’s dream and income opportunity! This charming 1897 Lost Bayou duplex offers a fully updated upstairs 2-bedroom, 1-bath unit, plus a downstairs unit ready for your personal touch. Each has its own private entry. The upstairs apartment boasts new electrical and plumbing, a stylish kitchen with quartz countertops, custom cabinets, and stainless-steel appliances. Custom shutters frame the windows, filling the space with natural light. Just steps from popular dining spots, its central location makes commuting or enjoying the coastal lifestyle a breeze. With inviting patios, balconies, classic details, and plenty of charm, it’s perfect for full-time living, a second home, or an investment. The seller will serve as GC to complete the downstairs remodel if preferred. Don’t miss your chance to own a piece of Galveston’s history!
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1897
Materials
- Foundation: Block & Beam
- Roof: Other
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Refrigerator,Washer,Microwave,Free-Standing Range,Gas Range
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Balcony,Crown Molding,High Ceilings
- Window features: Window Coverings
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: Other
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 2,074
- Total interior livable area: 2,074 sqft
Kitchen
- Features: Soft Closing Cabinets,Soft Closing Drawers
Master Bathroom
- Features: Primary Bath: Shower Only
Property
Details
- Parcel number: 350500760008200
Features
- Stories: 2
- Patio & porch: Covered,Patio/Deck,Porch
- Exterior features: Back Green Space,Balcony,Side Yard
- Fencing: None
Lot
- Features: Corner Lot,0 Up To 1/4 Acre
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
- Tornado
- Coastal Flooding
- Hurricane
- Heat Wave
- Inland Flooding
- Ice Storm
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,916 | $22,992 |
| Home Insurance * | $134 | $1,608 |
| Property Taxes | $442 | $5,304 |
| Electricity | $238 | $2,859 |
| Total | $2,730 | $32,760 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Listed for sale | $379,000 |
| 2026-03-03 | Listing removed | $1,150,000 |
| 2025-10-30 | Listed for sale | $1,150,000 |
View on Zillow