new - 4 days on rocket

1502 39th St, Galveston, TX, 77550

$1,599,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
1 Full Bath
11,322 SqFt
$141/SqFt
Multi

Location

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1502 39th St, Galveston$1,599,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingPaved
Year Built1961
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #29971735
StatusActive

About 1502 39th St

Historic 1924 Keystone brick building at 1502 39th St. in Galveston, featuring over 13,000 sq ft of rentable space, including two vacation condos, four commercial units, and more. Originally a pharmacy, it now hosts a bakery, cooking school with a commercial kitchen, market, community center, and private gym. The property has central HVAC, TWIA-permitted roofing, and updated electrical and plumbing. Both condos are fully furnished for rentals: one with 5 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1 bath. A 3,000 sq ft outdoor area includes custom woodwork, cabanas, seating for 24+, a bar, and dual hot tubs. With handicap access on the first floor and 100% occupancy in commercial units, this versatile property is ideal for generating rental income, hosting events, and accommodating diverse commercial tenants in a prime Galveston location.

Property Details

Property Features

Property Information:

  • Architectural Style: Split Level
  • Year Built: 1961
  • Stories: 2
  • Living Area: 11,322 SqFt

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (409) 795-4289
  • Listing Agent: Caroline Spagnola

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Furnished, Handicap Access, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Private Entrance

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot: Corner Lot, Other

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From i45 South Continue onto Broadway Avenue J ? Pass by Auto Plus Auto Parts (on the right in 0.3 mi) ? 1.6 mi Turn right onto 39th St ? Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,900
  • Price Per SqFt: $141/SqFt

Tax Information:

  • Annual Amount: $3,336
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Galveston, TX.

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Galveston, TX

City

Med. Sold Price

$433.1K

Med. Price/SqFt

$328

Avg. Days On Market

83

# of Sold Homes

59

1502 39th St vs Galveston

4 DAYS ON ROCKET

-79 Days

$1,599,900

+$1.1M More

$141/SqFt

-$187 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $187/SqFt less than other homes in Galveston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #29971735

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (409) 795-4289
  • Listing Agent: Caroline Spagnola

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/17/2024, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,336$800,000
2020$3,366$273,420
2019$3,463$140,460
2018$3,476$140,460
2017$3,434$140,460

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-492867
6
/10

  • Morgan Elementary Health, Medical Science and Engineering Magnet

  • 1410 37th St

  • 0.19 miles

  • Public Magnet Grades PK-4

school-card-donut-492868
4
/10

  • Burnet STREAM Magnet School

  • 5501 Avenue S

  • 1.35 miles

  • Public District Grades PK-4

school-card-donut-492869
7
/10

  • Rosenburg Elementary School

  • 721 10th St

  • 2.11 miles

  • Public District Grades PK-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,115. Typical income of Galveston, TX residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Galveston County›Galveston›77550›1502 39th St

This home is located at 1502 39th St in Galveston, TX and zip code 77550 in the Lasker Park neighborhood. This 11,322 square foot home was built in 1961. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,599,900.

Galveston, TX housing market in October 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 52 sold below. The number of homes for sale in Galveston, TX increased by 15.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $433,113, while the average time on the real estate market was 83 days.

From Rocket Homes Real Estate and based on county public records data.

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