
5311 Perry Ave Galveston, TX 77551
Bayou Shores NeighborhoodEstimated payment $2,472/month
About This Home
This triplex offers a fantastic opportunity for steady rental income. Currently fully occupied! Featuring three distinct apartments, the property includes: Two spacious 2-bedroom apartments: Ideal for families or roommates, providing ample living space and comfort. Plus a cozy 1-bedroom apartment downstairs: Perfect for an individual seeking a minimal space.
Each apartment is equipped with central air and heat, ensuring year-round comfort. Two new recently added A/C units. The property has been partially updated, combining modern amenities with classic charm. Updated kitchens, etc. Located on a nice quiet street on the beachside of Broadway.
Whether you're an experienced investor or looking to start your portfolio, this triplex is a great start with strong returns right off the bat. Don’t miss out on this opportunity to own a versatile income-producing property on Galveston Island. Call us today for a private tour!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,000
Year Built
- Built in 1965
Lot Details
- 6,237 Sq Ft Lot
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 3,373 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Schools
- Gisd Open Enroll Elementary And Middle School
- Ball High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Community Details
- 3 Units
- Standard Dredging Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2023 | $2,204 | $286,085 | $0 | $0 |
2022 | $5,243 | $260,077 | $0 | $0 |
2021 | $5,348 | $302,100 | $76,400 | $225,700 |
2020 | $5,151 | $214,940 | $26,200 | $188,740 |
2019 | $4,861 | $197,140 | $26,200 | $170,940 |
2018 | $5,210 | $210,560 | $26,200 | $184,360 |
2017 | $5,148 | $210,560 | $26,200 | $184,360 |
2016 | $5,148 | $210,560 | $26,200 | $184,360 |
2015 | $3,765 | $152,100 | $8,730 | $143,370 |
2014 | $3,814 | $152,100 | $8,730 | $143,370 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/15/2025 03/15/25 | Price Changed | $368,900 | -7.5% | $109 / Sq Ft |
07/31/2024 07/31/24 | For Sale | $399,000 | -- | $118 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $89,000 | No Value Available | |
Closed | -- | No Value Available | |
Closed | $56,286 | Commercial | |
Previous Owner | $97,600 | Stand Alone First |
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Source: Houston Association of REALTORS®
MLS Number: 7853507

APN: 6720-0001-0007-000
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