3013 Ave M 1/2, Galveston, TX 77550
- $80,000
- List Price
- $80,000
- Status
- ACTIVE
- MLS#
- 82853906
- Days on Market
- 13
- Lot Size
- 5,240
- Lot Size Source
- Appraiser
- Subdivision
- Galveston Outlots
- Region
- 33
- Market Area
- East End
- County
- Galveston
Property Description
Unlock the potential of Galveston's rapidly revitalizing Midtown district with this 5,240 sqft (.12-acre) 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 location and existing groundwork make this a standout investment.
Additional Information
- Taxes
- $1,634
- Neighborhood
- East End
- Lot Description
- Cleared, Level
- School District
- Galveston
- Elementary School
- Gisd Open Enroll
- Middle School
- Gisd Open Enroll
- High School
- Ball High School
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Listing courtesy of Century 21 Tevas.