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516 Holiday Drive, Galveston, TX 77550

Galveston
Local realty services provided by:CENTURY 21 Republic
516 Holiday Drive,Galveston, TX 77550
$2,500,000
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  • 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 25, 2026 at 11:39 AM

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
Copyright 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

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