516 HOLIDAY DRIVE, GALVESTON, TX 77550
Homes for sale in Galveston.
Homes for sale in 77550.
List Price$2,500,000
516 Holiday Drive
Galveston, TX 77550
Listing #74484509
About This Property
Rare 20-unit multifamily opportunity in Galveston! 516 Holiday Dr features a desirable mix of one 3-bedroom unit, three 2-bedroom units, and sixteen 1-bedroom apartments, offering flexibility for a wide range of tenant needs. This asset provides immediate scale, multiple income streams, and long-term upside in one of the Texas Gulf Coast's most recognizable rental markets. Conveniently located near Galveston's beaches, employment centers, dining, shopping, entertainment, and major thoroughfares, the property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a substantial multifamily asset in a high-demand coastal community. Buyer to independently verify all information, including unit count, rents, expenses, condition, zoning, and permitted uses.
Property Features
Location Information
County
Galveston
Longitude
-94.771314
MLS Area
East End
Subdivision
Galveston Townsite
Latitude
29.309679
Directions
From Seawall Blvd, Turn left onto Holiday Dr. Complex is on the right.
Interior Features
Total Number of Units
20
Exterior Features
Stories
2
Lot Size in Acres
0
Is New Construction
No
Lot Size in Sq. Ft.
10,440
Construction
Brick, Wood Siding
Is One Story
No
Parking Description
Paved
School
School District
Galveston
Middle School
GISD OPEN ENROLL
Elementary School
GISD OPEN ENROLL
High School
BALL HIGH SCHOOL
Additional Information
Property Type
RI
Year Built
1969
Property SubType
Multi Family
Status
Active
Similar Listings
Mortgage Calculator
$11,674
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$9,008
Monthly Tax
$2,083
Monthly Insurance
$583
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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