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Ron Comeaux

ron.comeaux035309+inactive@exprealty.com +1(713) 882-3066

$2,300,000

Est. payment - /mo

2 Beds

2 Baths

9,600 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,600 sqft

Price per Sqft $239

Subdivision Galveston Townsite

MLS Listing ID 15972576

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1969

Annual Tax Amount $27,038

Tax Year 2025

Property Sub-Type Multi Family

Property Description

Located in Galveston's highly desirable East End, 525 11th Street presents a rare opportunity to acquire a fully occupied 10-unit townhome community just blocks from UTMB, Shriners Children's Hospital, downtown Galveston, and the beach. The property consists of ten 2-bedroom, 1.5-bath townhome-style units featuring private entrances, spacious living areas, functional layouts, and outdoor patio spaces designed for long-term tenant appeal. Recent improvements include renovated units with upgraded kitchens, modern cabinetry, stone countertops, updated flooring, refreshed bathrooms, and improved systems. Residents enjoy covered parking, gated access, landscaped common areas, and on-site laundry facilities. Situated on a corner lot with approximately 9,600 square feet of improvements, this investment offers immediate cash flow, strong occupancy history, and value-add potential through continued unit enhancements and future rental growth.

Location

State TX

County Galveston

Area East End

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Fireplace No

Laundry Common Area

Exterior

Utilities Available Natural Gas Available, Water Available

Roof Type Other

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

Elementary Schools Gisd Open Enroll

Middle Schools Gisd Open Enroll

High Schools Ball High School

School District 22 - Galveston

Others

Tax ID 3505-0431-0008-000

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Houston Realtors Information Service / HAR MLS

Listed by eXp Realty LLC Melody Hopson

NEARBY SCHOOL & BUSINESS

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Ron Comeaux

+1(713) 882-3066

Real Estate Advisor

525 11th ST Galveston, TX 77550

Ron Comeaux

Key Details

Location

Interior

Exterior

Building

Schools

Others