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Water-View Residential Land Lot
For Sale
$60,000

1/2 5th St, Galveston, TX 77554

Build an STR-eligible home with views of both the bay and beach, within walking distance of each.

Property SizeContact for details
Days on Market83

Property Features for 1/2 5th St

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $278
Listing Agency: Keystone Realty Group
Listed By: Noelle Warner · License #0792369
Source: Elliman
Added: Jun 4 Changed: Aug 8 Last Checked: Jul 16 at 11:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keystone Realty Group

Investment Insights

Based on property information with market context.

This offering is a residential land lot with views on both the bay side and the beach side. Public remarks indicate the property is suitable for short-term rentals, as there is no HOA. The lot is described as easily walkable to both the beach and the bay, making it oriented toward a “home away from home” use case.

The address is listed as 1/2 5th St in Galveston, Texas (77554). The seller also notes that the lot in front of the subject property is separately for sale, identified as Lot 365 (MLS#71441686). If purchased together, the intent described in the remarks is to combine both lots.

For tenants, buyers, or investors looking for buildable residential land with water views and flexibility for STR use, this lot provides a straightforward starting point. The ability to operate without HOA restrictions, along with the stated proximity to both the bay and beach, may support a variety of personal-use or visitor-oriented planning. Prospective buyers should review any permitting and building requirements with the local authorities before moving forward.

Key Highlights

  • Views of both the bay side and the beach side
  • STR allowed due to no HOA
  • Walking distance to both the beach and the bay

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Parts Store Pharmacy Building Supply Big Box & Wholesale Store Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,755
Businesses Nearby

Demographics for 77554, TX

8,961
Population
10,516
Households
0.9
Avg Household Size
53
Median Age
49%
College-Educated
96%
High-School Grad
31.1 sq mi
ZIP Area
288
Density / Sq Mi
$87,093
Median Household Income
$49,471
Median Earnings
$1,449
Median Rent
$430,500
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Build an STR-eligible home with views of both the bay and beach, within walking distance of each.
Where is this waterfront land located?
The property is located at 1/2 5th St Galveston, TX.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Views of both the bay side and the beach side; STR allowed due to no HOA; Walking distance to both the beach and the bay
More about this property
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