$1,599,900

1502 39th St Galveston, TX 77550

$10,000
Closing credit¹
5 beds
1 full
11,322 sqft
$141 / sqft
Multi-Family

Property details

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.

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size11,322 sqft
Year built1961
ParkingPaved
MLS #29971735

Summary

  • MLS Number: 29971735
  • MLS Name: HAR
  • Office Name: RE/MAX Leading Edge
  • Office Phone: (409) 795-4289
  • Listing Agent: Caroline Spagnola

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Last updated on: 3/14/2025, 12:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$1,599,900

1502 39th St

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,316,680$11,541
2023$759,540$3,463
2022$938,340$18,917
2021$800,000$3,336
2020$273,420$3,366
2019$140,460$3,463
2018$140,460$3,475
2017$140,460$3,433

History based on county public records data.

Nearby schools

5

Morgan Elementary Health, Medical Science and Engineering Magnet

Public Magnet PK-4

0.2 mi

1410 37th St

4

Burnet STREAM Magnet School

Public District PK-4

1.4 mi

5501 Avenue S

3

Rosenburg Elementary School

Public District PK-2

2.1 mi

721 10th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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 most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

69%
<35k
19%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
15%
Single, with Kids
15%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
39%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Big LotsBig Lots
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

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.

In February 2025 more than 1 listings in Galveston, TX were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 50 were sold below. The number of homes for sale in Galveston, TX increased by 26.7% between January and February 2025. Listings spent 89 days on the market in February 2025, and had a median list price of $439,704 during the same period.

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

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