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1723 M 1/2 Avenue

Galveston, TX 77550
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Acres0.07

Acre(Lot)

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.

Detail Ic Property Details

Property Type : Land

Price : $85,000

AD Id : 77746365

MLS Id : 54799764

Lot Size : 0.07 Acre(Lot)

County : Galveston

Subdivision: Lost Bayou

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Feature Features

  • Lot Information

    Main Square Feet: 0.0736 Acres Lot Size Acres: 0.0736 Lot Size Square Feet: 3206.016 Lot Description: Interior Lot, Level, Cleared

    Property Information

    Subdivision: Lost Bayou Source Property Type: Land

  • Listing Price Information

    Listing Price: $85000

  • Tax Information

    Parcel Number: 351000203002002 Tax Lot: 2 Tax Year: 2023 Annual Tax: $686 Tax Legal Desc: ABST 628 M B MENARD SUR PT OF LOT 2 (3002-2) SE BLK 20 GALVE

  • School Information

    Elementary School: Gisd Open Enroll
    Junior High School: Gisd Open Enroll
    Senior High School: Ball High School
  • Location Information

    Direction: From Broadway coming from Houston, take a right on 33rd Street and right onto Avenue M 1/2. WaterSource: Public
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Nearby Home Value

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Termini San Luis Pass, Galveston, TX, 77550 $475,000 -- -- -- 1.87 Acres(Lot)
19-- 43rd, Galveston, TX, 77550 $125,000 -- -- 5,995 5,995 Sqft(Lot)
19-- 44th, Galveston, TX, 77550 $125,000 -- -- -- 0.14 Acre(Lot)
2445 Sunset Passage, Galveston, TX, 77550 $250,000 -- -- -- 0.09 Acre(Lot)
1825 Seaside Drive, Galveston, TX, 77550 $585,000 -- -- -- 0.09 Acre(Lot)
726 Positano Road, Galveston, TX, 77550 $175,000 -- -- -- 0.05 Acre(Lot)
721 Positano Road, Galveston, TX, 77550 $125,000 -- -- -- 0.09 Acre(Lot)

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 06/20/2026 @ 08:21

MLS: 54799764 LISTED BY: Cathey Granello, Better Homes and Gardens Real Estate Gary Greene - West Gray 713-961-1722 SOURCE: Houston Association of REALTORS

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