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516 Holiday Dr

Galveston, TX 77550
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Just listedJust listed
12,686 Sqft
10,440 Lot Sqft
Multi-Family

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Description

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.

MLS#
74484509
List Price
$2,500,000 ($197/Sqft.)
Listing Status
For Sale
Address
516 Holiday Dr
City
Galveston
State
TX
Zip Code
77550
County
Galveston County
Legal Description
ABST 628 M B MENARD SUR LOTS 13 & 14 BLK 423 GALVESTON & ADJ
Property Type
Multi-Family
Stories
2
Building Size
12,686 Sqft/Appraisal District
Year Built
1969 /Appraisal District
Lot Size
10,440 Sqft/Appraisal District
Key Map©
775K
Market Area

Exterior

Roof
Other
Exterior Type
Brick, Wood
Parking
Paved Area

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Financial information

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$33,892/2025
Tax Rate
1.719

Interior

Floors
Tile
Cooling
Central Electric
Heating
Central Electric

Rooms

Unit1 Bed
10 x 12
Unit2 Bed1
10 x 12
Unit2 Bed2
10 x 10
Unit3 Bed1
10 x 12
Unit3 Bed2
10 x 10
Unit3 Bed3
10 x 10
1 Bdr #
16
2 Bdr #
3
3 Bdr #
1

Lot Information

Lot Size
10,440 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Listing Broker

Information source

Houston Association of REALTORS®
Source last updated May 17, 2026 at 11:46 PM
Listing last updated May 15, 2026 at 09:56 PM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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