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1113 28th Street, Galveston, TX 77550

Local realty services provided by:CENTURY 21 Lucky Money Real Estate
1113 28th Street,Galveston, TX 77550
$699,000
  • 2 Beds
  • 1 Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by: kathy philipp
Office: keller williams realty clear lake / nasa
MLS#:29110163
Source:HARMLS

Price summary

  • Price:$699,000
  • Price per sq. ft.:$249.64

About this home

Turnkey Galveston STR Investment: 3 Units, Big Tax Advantages! This fully furnished, STR-eligible property is a passive investor's dream, offering a hands-off approach to real estate with significant tax advantages. Located in Galveston's thriving East End, this listing is ready for immediate rental income. It features three distinct units—a duplex and two charming bungalows—each uniquely designed for short or long-term residents. With 2,800 total square feet on a 5,136-square-foot corner lot, and just blocks from the beach, this is an exceptional portfolio expansion opportunity. Price adjusted to $699k to align with current investment lending standards. At this price, the property offers a strong 1.17 DSCR with 25% down, and hits the 'Golden 1.25' ratio with just over 30% down. Turn-key STR ready for the 2026 season. Ready to add a triple-unit gem to your portfolio?

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Home facts

  • Year built:1952
  • Listing ID #:29110163
  • Updated:February 25, 2026 at 12:41 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:2,800 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Window Unit

Structure and exterior

  • Roof:Composition
  • Year built:1952
  • Building area:2,800 sq. ft.

Schools

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

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$249.64
  • Tax amount:$5,612 (2023)
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