516 Holiday Drive, Galveston, TX 77550

Galveston
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
516 Holiday Drive,Galveston, TX 77550
$2,500,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 12,686 sq. ft.
  • Multi-family
  • Active
Listed by: audrey lunstedt, david moosavi
Office: triumph realty409-777-3798
MLS#:74484509
Source:HARMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$197.07

About this home

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.

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Home facts

  • Year built:1969
  • Subdivision & Development:Galveston Townsite
  • Listing ID #:74484509
  • Updated:October 08, 2026 at 12:11 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile
  • Living area:12,686 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1969
  • Building area:12,686 sq. ft.
  • Construction Materials:Brick, Wood Siding
  • Levels:2 Stories

Schools

  • High school:BALL HIGH SCHOOL
  • Middle school:GISD OPEN ENROLL
  • Elementary school:GISD OPEN ENROLL

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$197.07
  • Tax amount:$33,892 (2025)

Parking

  • Parking description:Paved
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