Galveston Texas 77550

galveston island 77550 investment property

77550 Demographics

ZCTA: 77550
City: Galveston
County: Galveston
State: Texas
Area Code(s): 409
Population: 30,146
Population White: 14,355
Population Black: 10,883
Population Hispanic: 7,639
Households: 14,628
Avg. House Value: $64,300
Avg. House Income: $24,547
Persons Per Household: 2.32
Elevation: 4 ft.
Aliases:
  • Galveston Island
  • Jamaica Beach
  • Virginia Point

Zip Code 77550

Galveston’s historic 77550 zip code offers numerous investment opportunities due to its centralized location and access to the Seawall and harbor. It is the largest commercial sector in Galveston, containing retail, restaurant, office, and tourist destinations. It also has the greatest concentration of historic homes and beachfront properties, providing a variety of residential options.

Fronting the Gulf of Mexico is Seawall Boulevard. This tourist destination provides beach-oriented investments:

  • Hotels and motels
  • Condominiums
  • “Mom and Pop” retail outlets
  • Micro-malls

Adjacent to the Seawall area is Galveston’s historic downtown. This area includes:

  • Neighborhoods in transition
  • Small-scale commercial properties

Galveston’s most celebrated location is The Strand National Historic Landmark District, or, more simply, “The Strand.” This revitalized downtown area contains numerous mixed development opportunities:

  • Historic buildings, both renovated and modernized
  • Storefronts
  • Dining
  • Lodging
  • Residential properties (single family and multi-family)
  • Arts and entertainment
  • Museums
  • Service industries

The 77550 sector of Galveston is also adjacent to Galveston Channel and Galveston Bay. Here, investors will find booming tourist and harbor industries:

  • Shipping (import and export)
  • Major cruise lines
  • Ferry access between Galveston Island and the Bolivar Peninsula

Investment opportunities abound in Galveston’s 77550 zip code. Whether commercial, residential, or tourist-oriented, revitalized or under development, waterfront or downtown, the range of available real estate is limitless.