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Charming Condo Near UTMB
For Sale
$194,000

402 Postoffice 123, Galveston, TX 77550

Condo with gated entry, pool, near UTMB and beach.

Property Size993 SF
Lot Size0.02 Acres
Days on Market280

Property Features for 402 Postoffice 123

General Information

Standard status Active
Size 993 SF
Lot size 0.02 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $3,228

Building Details

Building Size 993 SF
Year Built 1965
Stories 2
Listed By: David Bridgwater
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 2 Last Checked: Sep 1 at 9:58PM

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 David Bridgwater

Investment Insights

Based on property information with market context.

This charming condo is located at 402 Postoffice St., #123, and features a gated courtyard entry and a pool. The property is situated within walking distance of UTMB and four blocks from the beach. This first-floor unit includes an open living area with a large eating bar that connects to a full kitchen. A stacked washer and dryer are conveniently located off the kitchen. The dining area receives ample light from French doors that open to a private patio. The condo includes two bedrooms with spacious closet space and two full baths, recently remodeled. One covered, assigned parking space is located steps away from the locked, gated entrance.

Key Highlights

  • Short walk to UTMB and 4 blocks to the beach.
  • Recently remodeled with 2 large bedrooms and 2 full baths.
  • First floor unit with private patio.

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

2,923
Businesses Nearby

Demographics for 77550, TX

24,247
Population
15,811
Households
1.5
Avg Household Size
41
Median Age
33%
College-Educated
87%
High-School Grad
7.6 sq mi
ZIP Area
3,190
Density / Sq Mi
$46,262
Median Household Income
$35,800
Median Earnings
$1,182
Median Rent
$283,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Condo with gated entry, pool, near UTMB and beach.
Where is this apartment building located?
The property is located at 402 Postoffice 123 Galveston, TX.
What is the asking price?
The asking price for this property is $194,000.
What are key features of this property?
This property features: Short walk to UTMB and 4 blocks to the beach.; Recently remodeled with **2 large bedrooms and 2 full baths.**; First floor unit with **private patio.**
More about this property
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