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516 Holiday Drive

Galveston, TX 77550
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Bed 3

Bed

Bath 2

Bath

SqFt12,686

Sqft

Acres0.24

Acre(Lot)

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 pe rmitted uses.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,500,000

AD Id : 78784430

MLS Id : 74484509

Beds : 3

Lot Size : 0.24 Acre

Living Area Size : 12,686

Year Built : 1969

County : Galveston

Subdivision: Galveston Townsite

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Flooring Information

    Tile
  • Roofing Information

    Other
  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1969 Building Area Total: 12686 Construction Materials: Brick, Wood Siding Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.2397 Acres Lot Size Acres: 0.2397 Lot Size Square Feet: 10440

    Property Information

    Subdivision: Galveston Townsite Source Property Type: Residential Income Property SubType: Multi Family Property Age: 57

  • Listing Price Information

    Listing Price: $2500000

  • Tax Information

    Parcel Number: 350504230013000 Tax Year: 2025 Annual Tax: $33892 Tax Legal Desc: ABST 628 M B MENARD SUR LOTS 13 & 14 BLK 423 GALVESTON & ADJ

  • School Information

    Elementary School: Gisd Open Enroll
    Junior High School: Gisd Open Enroll
    Senior High School: Ball High School
  • Utility Information

    Water Connected
  • Location Information

    Direction: From Seawall Blvd, Turn left onto Holiday Dr. Complex is on the right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
609 Sealy Avenue, Galveston, TX, 77550 $399,999 2 1 1,300 1,300 SqFt
609 Sealy Street #REAR, Galveston, TX, 77550 $639,000 2 2 1,623 1,623 SqFt
916 Sealy Street, Galveston, TX, 77550 $375,000 -- 5 1,838 1,838 SqFt
1002 Sealy Street, Galveston, TX, 77550 $400,000 -- 2 2,680 2,680 SqFt
1411 12th Street, Galveston, TX, 77550 $715,000 -- -- 1,780 1,780 SqFt
915 11th Street, Galveston, TX, 77550 $350,000 -- -- 2,306 2,306 SqFt
1108 Broadway Street, Galveston, TX, 77550 $699,000 1 1 3,828 3,828 SqFt
1101 Church Street, Galveston, TX, 77550 $394,500 4 3 1,992 1,992 SqFt
1310 Avenue N 1/2, Galveston, TX, 77550 $695,000 2 2 1,448 1,448 SqFt
525 11th Street, Galveston, TX, 77550 $2,300,000 2 2 9,600 9,600 SqFt

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 06/11/2026 @ 09:39

MLS: 74484509 LISTED BY: Audrey Lunstedt, Triumph Realty 409-777-3798 SOURCE: Houston Association of REALTORS

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