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    Historic Bed & Breakfast with Cottages
    Updated: Mar 22
    Historic Bed & Breakfast with Cottages

    1502 Market Street, Galveston, TX 77550

    $1,500,000
    6,462 sqft 0.44 AC lot
    0.444‑acre corner lot at Market Street and 15th Street in Galveston
    3,812‑square‑foot historic main residence built in 1868
    Five guest suites in the manor house
    Four one‑bedroom, one‑bathroom apartments in two guest cottages
    Extensive property renovations completed in 2021
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Galveston, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic House Property with Acreage
    Historic House Property with Acreage

    730 E State Highway 237, Fayetteville, TX 78940

    $395,000
    1,798 sqft 9.00 AC lot

    9 acres with road frontage and visibility, featuring three unfinished historic houses and a pond site.

    View details
    Turn-Key Bed & Breakfast Opportunity
    Turn-Key Bed & Breakfast Opportunity

    407 E Main St, Brenham, TX 77833

    Contact for pricing
    4,605 sqft

    Established bed and breakfast in historic downtown Brenham.

    View details
    Historic Brenham Bed and Breakfast Estate
    Historic Brenham Bed and Breakfast Estate

    1804 S Park St, Brenham, TX 77833

    Contact for pricing
    3,222 sqft 1.70 AC lot

    Turnkey bed and breakfast on 1.7 acres near downtown Brenham.

    View details
    Nine Acres on Road to Round Top
    Nine Acres on Road to Round Top

    730 Tx-237, Fayetteville, TX 78940

    $395,000
    12.00 AC lot

    Nine acres with road frontage and three unfinished historic houses.

    View details

    Galveston, TX Bed & Breakfasts Market Trends and Statistics

    Explore 1 bed & breakfasts for sale in Galveston, TX on our real estate platform. These investment opportunities span a total of 6,462 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for inns in Galveston, TX average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 2
    Bed & breakfasts 1

    Demographics Overview

    Population 56K
    Population Growth (5Y) +8.1%
    Median Household Income $58,959
    College Educated 25.9%

    High-Yield Neighborhoods for Investment

    Identify Galveston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    77550 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.15%
    Property Tax per SF $12.72 per SF
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Galveston County

    New Delisted

    Total CRE Inventory on Market (SF)

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