3013 AVENUE M 1/2, GALVESTON, TX 77550
Homes for sale in Galveston.
Homes for sale in 77550.
3013 Avenue M 1/2
Galveston, TX 77550
List Price$90,000
Listing #31214440
5,240
Square Feet
Lots / Land
Type
About This Property
Unlock the potential of Galveston's rapidly revitalizing Midtown district with this prime 5,000+ sqft development opportunity. Positioned in the path of growth and surrounded by ongoing new construction and redevelopment, this property comes with engineering plans in place for an 8-unit apartment complex--allowing investors to accelerate timelines and reduce upfront planning costs.The lot also features valuable alley access, providing added flexibility for parking, service entry, and efficient site design--an important advantage for multifamily development. With strong demand for multifamily housing in the area, this site is ideally suited for developers seeking to capitalize on rental income potential and long-term appreciation. Whether you move forward with the existing plans or tailor the project to your own vision, the flexibility and location make this a standout investment.
Property Features
Location Information
County
Galveston
Longitude
-94.79927
MLS Area
East End
Subdivision
Galveston Outlots
Latitude
29.293945
Directions
Take I-45 S to Galveston Continue onto Broadway Avenue J Pass by Auto Plus Auto Parts (on the right in 0.3 mi) Continue on 31st St. Drive to Avenue M 1/2 Turn right after NAPA Auto Parts - Republic Parts Co (on the right) Turn left onto Avenue M 1/2 Destination will be on the right.
Exterior Features
Acre Range
0 Up To 1/4 Acre
Lot Size in Sq. Ft.
5,240
Lot Description
Cleared, Level
Is One Story
No
Lot Size in Acres
0.12
School
School District
Galveston
Middle School
GISD OPEN ENROLL
Elementary School
GISD OPEN ENROLL
High School
BALL HIGH SCHOOL
Additional Information
Property Type
LL
Status
Active
Year Built
0
Similar Listings
Mortgage Calculator
$420
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$324
Monthly Tax
$75
Monthly Insurance
$21
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder