Real Estate Investing in Galveston, Texas (77550)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77550 (Galveston, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 27.6% of homes vacant — above national norms.
- 1-year downturn: Values declined 3.3% in the last year.
What’s happening in Galveston, TX (77550)?
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Market Analysis: 77550 Galveston
On the rental side, ZIP 77550 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $288K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $288K asset, 77550 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within TX, ZIP 77550 trails on several market indicators that neighboring Galveston County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
The 77550 ZIP's population of 23,542 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Distressed ZIPs reward experience. impressive returns are possible in 77550, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Galveston:
Property Strategy for 77550
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $210,125 | $1,160 | 4.0% | +6.1% | $210,125 |
| 2BR | $270,044 | $1,380 | 3.7% | +6.2% | $135,022 |
| 3BR | $343,305 | $1,860 | 3.9% | +6.0% | $114,435 |
| 4BR | $438,190 | $2,320 | 3.8% | +6.0% | $109,548 |
| 5BR | $555,700 | — | — | +5.1% | $111,140 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77550 Compare?
| Metric | 77550 | Galveston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $288,467 | $264,863 | N/A | $297,000 |
| 5-Year CAGR | 1.8% | 1.6% | N/A | 5.4% |
| Avg Rent | $1,429 | $1,376 | N/A | - |
| Cap Rate | 3.9% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 77550 (Galveston, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $288,467 |
| Monthly Rent | $1,429 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 5.6% |
📈 Home Appreciation
| 1-Year | -3.3% ▼ |
| 3-Year CAGR | -3.9% ▼ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +5.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 77550
Population: 23,542
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 77550
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,749 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How quickly do rentals get leased in Galveston, TX?
Occupancy in Galveston, TX runs consistent with elevated vacancy. Well-priced units at $1,429/mo lease on reasonable timelines.
Which real estate strategy fits Galveston, TX?
In Galveston, TX the solid play is typically careful cash-flow rentals with hands-on management. The combination of $288K prices and $1,429/mo rents suits that approach.
How qualified is the tenant pool in Galveston, TX?
Galveston, TX offers a predictable renter base at the $1,429/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is it like being a landlord in Galveston, TX?
Rental owners in Galveston, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Where do home prices stand in Galveston, TX?
In Galveston, TX the median home value sits at $288K. Against the broader TX market, that reads as reasonable for most investors.
You know 77550 now. You don’t know where it ranks.
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How 77550 ranks in Houston-The Woodlands-Sugar Land, TX
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