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2516 M Ave, Galveston, TX, 77554

4beds
--baths
1,508sqft
$599,999
$398price/sqft
$4,119/moest. monthly cost
$164,760/yrincome needed

About This Home

New Price!! Peachtree Cottage was thoughtfully restored to honor the neighborhood's historic charm while creating a substantially larger footprint. This renovation expanded its main home to over 1500 sq ft while adding an over 500 sq.ft. det. garage apartment ideal for guests, extended family, or income-producing rental opportunities. Inside, enjoy subtle luxury with all new finishes, 4 brdms, 3 full bathrooms and a designated mudroom/laundry/pantry w/brand new washer and dryer. The primary suite has a walk-in closet and large spa-like with walk-in shower. Exterior privacy fence offers charming curb appeal and a private outdoor retreat. You'll also enjoy a finished garage with alley access. Ideally situated near downtown, the beach, and globally recognized UT Medical School and Texas A&M University, this property offers exceptional versatility and your very own peach tree. It is well suited for long-term ownership, student, multi-generational living, or potential short-term

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

--
Austin Middle SchoolGrades 5-60.9 mi
5/10
AIM College & Career PrepGrades 8-122.3 mi
5/10
Ball High SchoolGrades 9-121.7 mi

Construction

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Cooktop,Dishwasher
  • Laundry features: Washer Connection-Electric

Bedrooms & Bathrooms

  • Bedrooms: 4

Features

  • Flooring: Vinyl,Laminate

Heating & Cooling

  • Heating features: Central Electric
  • Cooling features: Central Electric

Interior Area

  • Total structure area: 1,508
  • Total interior livable area: 1,508 sqft

Property

Details

  • Parcel number: 350500250011000

Features

  • Levels: One
  • Exterior features: See Remarks
  • Fencing: Wood
  • Has view: Yes
  • View description: See Remarks

Lot

  • Lot size: 5,136 sqft
  • Features: Landscaped,Other
  • Lot size dimensions: 42 x 120

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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Hurricane
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 $3,033$36,396
Home Insurance *$149$1,788
Property Taxes $699$8,388
Electricity $238$2,859
Total$4,119$49,428
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$141,222/yr
40% on housing$123,570/yr
45% on housing$109,840/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

$398This listing

vs Other Active Listings

Avg $/sqft

ZIP 77554$331
Galveston County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 77554$347
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
2026-07-08Listed for sale$599,999

For Sale by Agent

AgentIngrid Gonzalez
BrokerageInside Galveston Real Estate

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