1502 39th St Galveston, TX 77550
Lasker Park NeighborhoodEstimated payment $9,457/month
Highlights
- Fitness Center
- Wood Flooring
- Furnished
- Oppe Elementary School Rated A-
- Corner Lot
- Handicap Accessible
About This Home
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.
Co-Listing Agent
RE/MAX Leading Edge Brokerage Phone: 409-795-4289 License #0766277
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,274
Year Built
- Built in 1961
Lot Details
- 7,740 Sq Ft Lot
- West Facing Home
- Private Entrance
- Corner Lot
Home Design
- Duplex
- Split Level Home
- Brick Exterior Construction
Interior Spaces
- 11,322 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Fire and Smoke Detector
- Washer and Dryer Hookup
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Paved Parking
Accessible Home Design
- Handicap Accessible
Schools
- Gisd Open Enroll Elementary And Middle School
- Ball High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
Overview
- 2 Units
- Galveston Outlots Subdivision
Recreation
- Fitness Center
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $13,181 | $759,540 | $94,830 | $664,710 |
| 2022 | $18,918 | $938,340 | $94,820 | $843,520 |
| 2021 | $18,096 | $800,000 | $94,820 | $705,180 |
| 2020 | $6,553 | $273,420 | $19,350 | $254,070 |
| 2019 | $3,464 | $140,460 | $19,350 | $121,110 |
| 2018 | $3,476 | $140,460 | $19,350 | $121,110 |
| 2017 | $3,434 | $140,460 | $19,350 | $121,110 |
| 2016 | $3,434 | $140,450 | $19,350 | $121,100 |
| 2015 | $3,340 | $134,950 | $19,350 | $115,600 |
| 2014 | $3,245 | $129,440 | $19,350 | $110,090 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | For Sale | $1,499,000 | +81.7% | $132 / Sq Ft |
| 08/14/2022 08/14/22 | Off Market | -- | -- | -- |
| 08/08/2022 08/08/22 | Sold | -- | -- | -- |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 05/18/2022 05/18/22 | For Sale | $825,000 | -- | $73 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | South Land Title Company | |
| Warranty Deed | -- | None Available | |
| Trustee Deed | $90,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $618,750 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $130,000 | Commercial |
Source: Houston Association of REALTORS®
MLS Number: 29885708
APN: 3510-0035-0001-000
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