Why Live in Lake Madeline
Lake Madeline, a neighborhood on Galveston Island, is known for its waterfront lifestyle and proximity to the Gulf of Mexico. Located less than 3 miles from Interstate 45, it provides a direct route to downtown Houston, 50 miles away. The area features a mix of ranch homes, midcentury modern, and Mediterranean-inspired architecture, with condominium buildings along Seawall Boulevard offering views of the Gulf. Recreational activities are abundant, with Babe’s Beach, the Galveston Fishing Pier, and Schlitterbahn Water Park nearby. Schreiber Park offers baseball diamonds, a playground, a splash pad, a walking trail, and a dog park. The neighborhood is part of the Galveston Independent School District, with highly rated schools such as Oppe Elementary and Austin Middle, and the private O’Connell College Preparatory School. Residents have convenient access to grocery stores like Randall’s and Walmart Super Center. Local dining options include Sapori for Italian cuisine and Mel’s Blueplate & Seafood Express for seafood. Annual events such as Mardi Gras, the Lone Star Bike Rally, and Dickens on the Strand add to the vibrant community life. The University of Texas Medical Branch at Galveston, 7 miles away, provides world-class healthcare. While the neighborhood lacks extensive sidewalks and rapid transit stops, biking is a popular mode of transportation.
Home Trends in Lake Madeline, TX
On average, homes in Lake Madeline, Galveston sell after 24 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Madeline, Galveston over the last 12 months is $310,000, down 51% from the median home sale price over the previous 12 months.
Median Sale Price
$310,000
Median Single Family Sale Price
$600,000
Median Townhouse Sale Price
$395,000
Median 2 Bedroom Sale Price
$2,369,000
Average Price Per Sq Ft
$423
Number of Homes for Sale
7
Last 12 months Home Sales
19
Median List Price
$624,450
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-51%