516 HOLIDAY DRIVE, GALVESTON, TX 77550

Homes for sale in Galveston.

Homes for sale in 77550.


Active

List Price$2,500,000

516 Holiday Drive

Galveston, TX 77550

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #74484509

3

Bedrooms

2 full

Bathrooms

12,686

Square Feet

20

Number of Units

Multi-Unit Residential

Type

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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