Address
516 Holiday Drive, Galveston, TX
Price
$ 2,500,000
Property Attributes
  • MLS#74484509
  • TypeSingle Family
  • Listing Status Active
  • CountyGalveston
  • CityGalveston
  • Area33 East End
  • NeighborhoodGalveston Townsite
  • Zip77550
  • Style
  • Year Built1969
  • Taxes$ 33892
  • Price$ 2,500,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage12686
Data Source:
Houston Association of REALTORS® (HAR)
Property 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.

Elementary School Middle School High School
GISD OPEN ENROLL Elementary School GISD OPEN ENROLL Middle School BALL HIGH SCHOOL High School
Price History
5/16/2026 Listed $2,500,000

General Features

Country US
Heating Central,Electric
Cooling CentralAir,Electric
Utilities ElectricityAvailable,WaterAvailable
Roof Other
Construction Materials Brick,WoodSiding
Year Built 1969
Stories Count 2
Levels Two
Property Subtype MultiFamily
Tax Year 2025
County Galveston
New Construction false
Property Type ResidentialIncome
Subdivision Name Galveston Townsite
Full Baths 2
Status Active
Directions From Seawall Blvd, Turn left onto Holiday Dr. Complex is on the right.
ModificationTimestamp 2026-05-31T22:06:04.557-00:00
High School BALL HIGH SCHOOL
City Galveston
Disclosures MunicipalUtilityDistrictDisclosure,SellerDisclosure
High School District 22 - Galveston
Number Of Units Total 20
MLS Area 33
Lot Size Units SquareFeet
Elementary School GISD OPEN ENROLL
Tax Annual Amount 33892
Middle/Junior High School GISD OPEN ENROLL
MLS Area Minor East End
Virtual Tour https://dl.dropboxusercontent.com/scl/fi/nt1neggwmz3d6a5ur9c1i/516-Holiday-Dr-Galveston.mp4?rlkey=bwexp9cyxvhcwcdiemaoyqc51&raw=1
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District 22 - Galveston
Elementary School District 22 - Galveston
Year Built Source PublicRecords
PostalCity Galveston
Legal Description ABST 628 M B MENARD SUR LOTS 13 & 14 BLK 423 GALVESTON & ADJ

Interior Features

Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
LivingAreaSource Appraiser
Total Baths 2

Exterior Features

Parking Features Paved
Lot Size Area 10440
Building Area Total 12686
Lot Size Source Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 77550

Price
AVG $550K
$2.5M
Taxes
AVG $7,417
$33,892
Year Built
AVG 1950
1969

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