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    1424 45Th St Galveston, TX 77551

    For Sale
    $1,900,000

    Residential Land - Galveston, TX

    Type:Single Family Residence
    Property size:
    104,805 SF
    Lot size:
    2.41 Acres
    Days on Market:
    673
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 1424 45Th St

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    MF Multi Family 172 x 189
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    104,805 SF
    Lot size
    2.41 Acres

    Building Details

    Architectural style
    Other

    Joe Tramonte Realty Inc (409) 765-9837 [email protected]

    Listing agent VJ Tramonte (409) 765-9837

    Listing date Feb 12, 2024

    MLS# 20240078 Listing URL

    Copyright © 2025 Galveston Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Galveston Residential Land with Buildings

    This property features approximately 2.406 acres of oak-treed land improved with four circa 1935 two-story residential/commercial buildings totaling 15,808 square feet. The buildings are sized approximately 4732 square feet, 2960 square feet, 4380 square feet, and 3736 square feet. The property has multi-family zoning and is located in flood zone AE. Interior and exterior features include long staircases, ample front porches, and fireplaces, with some units including kitchens. A large paved parking lot is situated to the north of the property, and ornamental iron gates provide privacy. The property is adjacent to Cedar Lawn Apartments to the east, and the historical Cedar Lawn subdivision is across the street to the west. The site offers potential for further development. The property is located in Galveston, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Childrens Center Social Services Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galveston
    County
    Galveston
    State
    Texas
    Longitude
    -94.8156153
    Latitude
    29.2900008

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    FAQs

    What type of property is this?
    Apartment building - 2.4-acre residential land with four circa-1935 buildings.
    Where is this apartment building located?
    The property is located at 1424 45Th St Galveston, TX.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Large 2.406-acre oak-treed acreage.; - Four circa 1935 residential/commercial buildings totaling 15,808 SF.; - Multi-family zoning allows for further development.
    (409) 765-9837
    Request Owner's contact information
    1424 45Th St Galveston, TX 77551
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    Galveston, TX 77551
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1424 45Th St Galveston, TX 77551
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