5407-5409 Avenue O, Galveston, TX, 77551
About This Home
Investor Opportunity - 2 Lots, 2 homes in Prime Galveston Location! Approximate land size is 6992 sf. ATTENTION Builders/investors/Buyers: 5407 & 5409 Avenue O present a rare chance to secure two adjoining lots in the heart of Galveston, rehab both of these properties and start generating income. Situated just minutes from the Seawall, beach, shopping, dining, and UTMB, this property is ideal for your next new construction project, multi-unit development, or long-term investment hold. The lots provide plenty of space and flexibility for redevelopment. Opportunities like this don’t last long. Secure your spot in Galveston’s real estate landscape today. Short term rentals allowed. Make an offer today before these properties are gone!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1955
Materials
- Foundation: Other
- Roof: Other
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 2,192
- Total interior livable area: 2,192 sqft
Property
Details
- Parcel number: 296500940008000
Features
- Stories: 1
Lot
- Lot size: 6,991 sqft
- Features: Other,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
- Lightning
- Tornado
- Coastal Flooding
- Hurricane
- Heat Wave
- 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 | $632 | $7,584 |
| Home Insurance * | $49 | $588 |
| Property Taxes | $145 | $1,740 |
| Electricity | $240 | $2,888 |
| Total | $1,066 | $12,792 |
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 |
|---|---|---|
| 2026-01-30 | Listed for sale | $125,000 |
| 2026-01-08 | Listing removed | $125,000 |
| 2025-10-23 | Price change | $125,000 |
| 2025-10-08 | Listed for sale | $150,000 |
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