Estimated payment $4,523/month
Total Views
773
3
Beds
1
Bath
3,273
Sq Ft
$199
Price per Sq Ft
Highlights
- Wood Flooring
- Balcony
- Programmable Thermostat
- Oppe Elementary School Rated A-
- Patio
- Central Heating and Cooling System
About This Home
Cash-Flowing Investment Property in Galveston WITH APPRAISAL HIGHER THAN LIST PRICE– 3 Units, Steps from the Beach, Unlock the potential of this income-generating triplex just minutes from the sandy shores of Galveston! This well-maintained property features three units—one currently leased as HUD rentals and a third operating as a successful Airbnb.
Unit 1: A short-term rental (Airbnb) ready to capture Galveston's thriving vacation market.
Unit 2: Also HUD Contracted, delivering consistent rental income.(Vacant)
Unit 3: Occupied under a stable 8-year HUD contract, providing reliable, long-term cash flow.
Inside, you'll find beautiful wood floors and sleek, all-black appliances, giving each unit a modern touch with timeless charm. The property’s prime location offers incredible convenience—just minutes dining, entertainment, and year-round tourist attractions! With so much to offer, why wouldn't you want to take a peak?
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,757
Year Built
- Built in 1960
Lot Details
- 3,427 Sq Ft Lot
- South Facing Home
- Private Entrance
- Partially Fenced Property
Parking
- 1 Parking Space
Home Design
- Triplex
- Composition Roof
- Cement Siding
Interior Spaces
- 3,273 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Disposal
- Washer and Dryer Hookup
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Balcony
- Patio
Schools
- Gisd Open Enroll Elementary And Middle School
- Ball High School
Utilities
- Central Heating and Cooling System
- Programmable Thermostat
- Cable TV Available
Community Details
- 3 Units
- Galveston Townsite Subdivision
Map
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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 | $5,192 | $615,520 | $12,740 | $602,780 |
| 2022 | $7,031 | $348,760 | $12,740 | $336,020 |
| 2021 | $7,889 | $348,760 | $12,740 | $336,020 |
| 2020 | $5,731 | $239,130 | $12,740 | $226,390 |
| 2019 | $5,425 | $220,000 | $12,740 | $207,260 |
| 2018 | $5,390 | $217,830 | $12,740 | $205,090 |
| 2017 | $4,031 | $220,570 | $12,740 | $207,830 |
| 2016 | $3,665 | $220,620 | $12,740 | $207,880 |
| 2015 | $2,409 | $193,560 | $11,320 | $182,240 |
| 2014 | $2,311 | $112,620 | $11,320 | $101,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | For Sale | $649,999 | -- | $199 / Sq Ft |
Source: Houston Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Capital Title | |
| Warranty Deed | -- | Chicago Title Galveston | |
| Warranty Deed | -- | Chicago Title Galveston | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Stewart Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $504,700 | New Conventional | |
| Previous Owner | $125,000 | New Conventional | |
| Previous Owner | $45,500 | Credit Line Revolving | |
| Previous Owner | $49,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Galveston, TX
Source: Houston Association of REALTORS®
MLS Number: 88816173
APN: 3505-0188-0001-001
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