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Peacock Isle

A new waterfront enclave on Dickinson Bayou — 50 homesites, no MUD or PID tax

Why Buyers Choose Peacock Isle
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Dickinson Bayou Frontage
23 of 50 lots back directly onto the bayou
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New Construction
Built 2022 onward by Bayway Homes
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No MUD or PID Tax
No special-district levy on top of your taxes
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Coastal Access
22 min to Galveston · 18 min to Kemah
$340K – $760K
Price Range
2022–2026
New Construction
Dickinson Bayou
Bayou Frontage
~35 min
To Downtown Houston
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Bayway Homes
New construction · 2022 on
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Dickinson Bayou
23 of 50 lots front the bayou
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No MUD/PID Tax
No special-district levy
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Watercraft Launches
Hwy 3 · Paul Hopkins Park
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Dickinson ISD
Dunbar · Dickinson HS
The Peacock Isle Experience

A small new-construction enclave with real frontage on Dickinson Bayou

"This isn't a decades-old subdivision dressed up as waterfront. It's a brand-new community where almost half the homesites back right onto Dickinson Bayou — and that frontage is the real thing."

Peacock Isle is a new-construction waterfront community off FM 517 in Dickinson, between I-45 and State Highway 3. It's small on purpose — just 50 homesites — and it's built by Bayway Homes, a builder that has focused on coastal and waterfront homes since 1997. The first homes went up in 2022, so everything here is new, and the sales center sits right in the community at 3921 Peacock Isle Dr.

What sets it apart is genuine water frontage. Of the 50 lots, 23 have direct backyard frontage on Dickinson Bayou — not a canal, not a manufactured pond, but the bayou itself. From those homes you can fish, kayak, canoe, or water-ski right off your own backyard, and there are two public watercraft launches close by: one where Highway 3 crosses the bayou, and another at Paul Hopkins Park on FM 517. The interior lots aren't waterfront, but the whole community shares the bayou setting.

There's a financial advantage worth calling out: Peacock Isle has no MUD, PID, or PUD tax. A lot of newer Houston-area communities carry one of those special-district levies on top of your property taxes, and they add up year after year. Skipping them here keeps the carrying cost lower — and you're still 35 minutes from downtown Houston, 22 from Galveston, and 18 from Kemah's waterfront.

🌊 New Construction · Dickinson Bayou
New homes with
real bayou frontage
~35 min from downtown Houston. 22 min from Galveston. Direct Dickinson Bayou frontage on 23 of 50 lots. No MUD or PID tax.
  • New construction by Bayway Homes (2022 on)
  • Just 50 homesites — small, low-density enclave
  • 23 lots front directly on Dickinson Bayou
  • No MUD, PID, or PUD tax
  • Fish, kayak, canoe, or water-ski off the bayou
  • Two public watercraft launches nearby
  • Dickinson ISD · 22 min to Galveston
Homes in Peacock Isle

New Bayway Homes — interior, bayou-view, and direct bayou-frontage

Every home in Peacock Isle is new construction by Bayway Homes, ranging from 1,432 to 3,414 square feet in 3-, 4-, and 5-bedroom plans. Pricing climbs with how close you sit to Dickinson Bayou. The ranges below reflect the builder's published pricing and recent closings — and with only five recorded sales so far, treat them as a guide, not a guarantee.

Interior / Non-Waterfront
$340K – $450K
New Bayway homes on interior homesites — the same construction and Dickinson ISD without the bayou-frontage premium. A practical entry into a brand-new waterfront community.
Best for
First-time buyers · Value buyers · New-build buyers
Direct Bayou-Frontage
$560K – $760K
The 23 homesites that back directly onto Dickinson Bayou — fish, kayak, or launch right off your own backyard. Peacock Isle's premium lots, and the reason most buyers come here.
Best for
Boaters · Anglers · Waterfront-lifestyle buyers
Schools

Dickinson ISD — one district, one high school

Peacock Isle is zoned to Dickinson Independent School District. All Dickinson ISD students ultimately feed into Dickinson High School, with middle school at Dunbar.

Dickinson Independent School District (DISD)
All homes in Peacock Isle
🏫 Calder Road Elementary 📚 Dunbar Middle School 🎓 Dickinson High School
School campus assignments are address-specific — always confirm the specific elementary assignment for any home before purchasing. The elementary campus may vary by street within Peacock Isle.
Location & Commute

Waterway living with Houston 35 minutes north

Peacock Isle's bayou-side location off FM 517 places residents between coastal access to the south and Houston employment corridors to the north — with Kemah's waterfront just minutes away.

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~35 min
Downtown Houston
via I-45 N
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~30 min
Texas Medical Center
via I-45 N
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~20 min
NASA Johnson Space Center
Clear Lake area
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~18 min
Kemah Boardwalk
waterfront dining
✈️
~25 min
Hobby Airport
via I-45 N
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~22 min
Galveston Island
via I-45 S
Active Listings

Homes for sale in Peacock Isle right now

Browse current Peacock Isle listings — including direct Dickinson Bayou-frontage homes — or contact Phil to walk the available Bayway homesites in Dickinson.

Search Peacock Isle Homes → Request Waterfront Listings
Life Outside Your Front Door

Coastal living with everyday conveniences nearby

Peacock Isle residents enjoy Dickinson Bayou out the back door, Kemah's waterfront scene, and the everyday amenities of the Dickinson corridor — all within easy reach.

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Entertainment & Attractions
Kemah Boardwalk
Kemah Boardwalk
Waterfront rides, seafood restaurants, and live music — about 18 min away
215 Kipp Ave, Kemah · (281) 535-8100
Space Center Houston
Space Center Houston
World-class NASA visitor center — about 20 min north
1601 NASA Pkwy, Houston · (281) 244-2100
Moody Gardens
Moody Gardens
Aquarium, rainforest, and IMAX — 25 min south on Galveston Island
1 Hope Blvd, Galveston · (800) 582-4673
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Groceries & Essentials
H-E-B
H-E-B
Texas grocery royalty — full market, pharmacy, and curbside pickup
Dickinson / League City area
Kroger
Kroger
Full-service grocery with pharmacy and fuel center
Dickinson area
Walgreens
Walgreens
Convenient pharmacy and daily essentials
Dickinson area
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Dining
Ocean Grill & Sushi
Ocean Grill & Sushi
Fresh seafood and sushi in the Kemah/League City area
Kemah/League City corridor
Good Vibes Coastal Kitchen
Good Vibes Coastal Kitchen
Casual coastal dining that fits the Peacock Isle lifestyle
Kemah/Bay Area
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Medical & Services
UTMB Health
UTMB Health — Galveston
University of Texas Medical Branch — primary hospital system for Galveston County
301 University Blvd, Galveston · (409) 772-8901
Kelsey-Seybold
Kelsey-Seybold Clinic
Multi-specialty medical group with Clear Lake area locations
Clear Lake / Webster area
Chase Bank
Chase Bank
Full-service branch with ATM and in-person banking
Dickinson / League City area
Common Questions

Peacock Isle — frequently asked questions

Yes — Peacock Isle is a new-construction waterfront community built from 2022 onward by Bayway Homes, a builder that has specialized in coastal and waterfront homes since 1997. It is a small enclave of 50 homesites off FM 517 in Dickinson, with a sales center at 3921 Peacock Isle Dr. Floor plans run 1,432 to 3,414 square feet in 3-, 4-, and 5-bedroom layouts.
Yes — Peacock Isle is genuinely waterfront on Dickinson Bayou (not a canal off Galveston Bay). Of the 50 homesites, 23 have direct backyard frontage on Dickinson Bayou. From those lots residents can fish, kayak, canoe, and water-ski, and there are two public watercraft launches nearby — at Highway 3 where it crosses the bayou, and at Paul Hopkins Park on FM 517. Confirm the specific water frontage for any address before purchasing.
Peacock Isle homes run roughly $340,000 to $760,000. Most homes land between $345,000 and $550,000, while premium direct-bayou-frontage lots reach into the $700s. Recent closed sales (December 2025 to June 2026) came in at $345K, $382K, $383K, $410K, and $548K, for a median of $383,000 — though that is a small sample of just five sales, so treat it as a rough guide rather than a firm benchmark.
Peacock Isle is approximately 22 minutes from Galveston Island via I-45 South — convenient for beach trips and UTMB medical care.
HOA dues in Peacock Isle vary, so confirm the current amount for any specific home before closing. What is confirmed is that Peacock Isle has no MUD, PID, or PUD tax — which keeps the overall tax rate lower than many newer Houston-area communities that carry those special-district levies.
Galveston County property tax rates are generally lower than comparable Harris County addresses — typically $1,000–$2,000 per year less on similarly priced homes. Peacock Isle also carries no MUD, PID, or PUD tax. Always verify current rates with the Galveston Central Appraisal District.
Local Insight

Articles about Peacock Isle & Dickinson

Hyperlocal content you won't find on Zillow — new-construction and bayou-frontage buying guides, market updates, and answers to Dickinson Bayou buyers' actual questions.

Ready to explore Peacock Isle?

I know the Dickinson Bayou market — which of the 23 frontage homesites are still available, how Bayway's plans and pricing actually compare, and how to navigate buying new construction in Galveston County.