Homes for Sale/Galveston County/Galveston/Lost Bayou
Active MLS #54799764 · 153 days on market

1723 M 1/2 Avenue

Galveston, TX 77550
Subdivision  ·  Lost Bayou
List Price
$85,000
Baths
0
Lot
0.07 ac
County
Galveston
Tax Rate
0.81%

Schools

§ 03
District
Elementary GISD OPEN ENROLL N/R
Middle GISD OPEN ENROLL N/R
High BALL H S CCMR 75% · Grad 96% C
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

Fabulous opportunity in the historic Lost Bayou to build your dream home. This unique lot includes a complete set of approved and permitted floor plans for a three-bedroom residence designed to maximize views and indoor-outdoor living. Plans feature a rooftop terrace with views of the Gulf, multiple balconies, two living areas, and a fireplace.

A rare highlight is the alleyway access with rear entry for a two-car garage, with the option to build an apartment above the garage—ideal for guests or rental potential. Whether you choose to purchase the lot alone or contract to build with our preferred builder, this property offers flexibility and an exceptional opportunity in a highly desirable historic setting.

Features

§ 02

Interior

Not provided

Exterior & lot

  • Cleared
  • Interior Lot
  • Level

Community

Not provided

Property Details

§ 03 · Full MLS record

Property

Property Type Land

Rooms & Baths

Bathrooms (total) 0

Lot

Lot Size (acres) 0.0736
Lot Size Source Appraiser
Lot Features Cleared, Interior Lot, Level

Location

County Galveston
MLS Area Major 33
MLS Area Minor East End
Subdivision Lost Bayou
Postal Code 77550

Utilities

Water Source Public
Sewer Public Sewer

Taxes, Terms & Disclosures

Tax Annual Amount $686
Tax Year 2023
Tax Rate (est.) 0.81%
Parcel # 3510-0020-3002-002
Legal Description ABST 628 M B MENARD SUR PT OF LOT 2 (3002-2) SE BLK 20 GALVE
Disclosures None

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$567
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$510 Property tax$57 Homeowners insuranceTBD
Subtotal (P&I + Tax) $567

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
1.7190%
ALL 6 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
→ stable
School
0.84%
→ stable
City
→ stable
County
0.32%
→ stable
Other districts
0.55%
→ stable

HOA & Community

§ 05
No HOA on recordIf this is an HOA property, details are not yet loaded. Full cert available on request.

Broadband & Connectivity

§ 06
Broadband not mappedWe have not yet resolved FCC provider data for this block.

Environmental Risk

§ 08
A
FEMA Zone
Zone AE · Special Flood Hazard Area
1% annual chance of flooding (100-year floodplain). Flood insurance typically required.
PANEL 48167C BASE FLOOD ELEV. 11.0 FT SFHA YES SOURCE 48167C_STUDY1
🌡 Heat days >95°F
6 days/yr above 95°F
Plus 0 days above 100°F. NOAA station records, 2016-2025 average.
💨 30-day air quality
AQI 44 · Good
Average daily AQI for the 30 days ending 2026-02-28. EPA AQS county monitors. Higher = worse.
🌵 Drought (current)
D1 · Moderate
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
8 comparable sales nearby · sold median $334/SFAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Lost Bayou
TIER: SUBDIVISION
Subdivision name (MLS)Lost Bayou City · ZIPGalveston · 77550 CountyGalveston Listings in subdivision10 Active now1 Sold (last 12 mo)0 Curated amenities0
● Year-built distribution
No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11
Nearest station
Galveston Fire Department Station 1
· Galveston
Distance
0.7 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48167724400 · ACS 2023
Median HH income
$53,973
ACS 2023
Median home value
$302,700
Census self-report
Owner-occupied
35%
2,218 housing units
Bachelor's+
33%
Adults 25+
Median age
48.6
Population 3,398
Work from home
31%
of commuters
Commute 45min+
18%
of commuters
Below poverty
18.3%
tract-level

Amenities & Nearby Places

§ 13

Grocery

J P Food Store
0.3 mi · 5 within 1.5 mi

Schools

George Swim Lessons
0.1 mi · 5 within 1.5 mi

Parks

San Jacinto Park
0.2 mi · 5 within 1.5 mi

Restaurants

Sonny's Place
0.2 mi · 8 within 1.5 mi

Cafés

1911 Espresso Bar
0.3 mi · 5 within 1.5 mi

Gyms

STUDIO 409 Fitness & Wellness
0.4 mi · 3 within 1.5 mi
Data: Google Places (refreshed every 7 days). Last fetched May 7, 2026.

Location & Neighborhood

§ 13
● This Home
1723 M 1/2 Avenue, Galveston, TX 77550
Galveston County · 29.30°N, 94.78°W
No curated amenities within 2 mi yet.
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Apr 24, 2026 Listed $85,000 Cathey Granello
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Cathey Granello · Better Homes and Gardens Real Estate Gary Greene - West Gray
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Jul 16, 2026.
MLS# 54799764 · LIST DATE: Apr 24, 2026 · PARCEL: 3510-0020-3002-002
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 24, 2026, 4:59 AM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity