523 24th Street Galveston, TX $ 875,000
523 24th Street
$ 875,000
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523 24th Street

Galveston, TX, 77550
$ 875,000
Baths0.0 Sq 10,248

Monthly Estimate*

$ 5,388

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Studio

Multi-Family Home for sale in Galveston, TX

for $875,000. This 10,248 square foot home was built in 1865.

The Galveston Carriage Place, located at 523 24th Street, is a historically significant building in downtown Galveston. Constructed in 1865, it originally served as the business premises & residence of Frederick D. Schmidt, a blacksmith, horseshoer, & carriage manufacturer. Schmidt operated his business on the ground floor & resided upstairs, maintaining ownership until 1944. Today, the building offers a unique live-work proposition for discerning buyers with the opportunity for plenty of rental income. There are currently 4 fully occupied spacious units ranging in approx. size of 992 SF - 3,475 SF. Several tenants are interested in remaining, allowing for immediate income to the new owner. Each unit separately metered for electric. Water & trash included in rent. Steps away from countless restaurants, shops, bars, & attractions!

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,615

Style

Year Built

1865

Town/City

Galveston

County/Region

Galveston

MLS | Web ID

51227757

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Available Water Available
Roof Other
Architectural Style Fourplex
Year Built 1865
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2024
County Galveston
New Construction false
Property Type Residential Income
Subdivision Name Galveston Townsite
Status Active
Directions East on Broadway to 24th Street. Left on 24th Street continue to Church St building is on the North West corner of intersection of 24th & Church St.
High School BALL HIGH SCHOOL
City Galveston
Disclosures Seller Disclosure
High School District 22 - Galveston
Number Of Units Total 4
MLS Area 33
Lot Size Units Square Feet
Elementary School GISD OPEN ENROLL
Tax Annual Amount 13615
Middle/Junior High School GISD OPEN ENROLL
MLS Area Minor Downtown - Galveston/The Strand
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District 22 - Galveston
Elementary School District 22 - Galveston
Year Built Source Public Records
Property Sub Type Additional Quadruplex
Legal Description ABST 628 M B MENARD SUR LOT 8 (8-2) BLK 444 GALVESTON
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Size Area 5160
Building Area Total 10248
Lot Size Source Appraiser
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* Excluded Features
List By
Coldwell Banker Tgre

Broker

brianschwenk@talktotgre.com

Email

Affordability Calculator

$6,522
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$1,135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
BALL HIGH SCHOOL High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2025$875,000 Listed Price

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523 24th Street, Galveston, TX, 77550 is a Multi-Family Home for sale at $875,000 with 10,248 sqft. 523 24th Street is a studio with 0.0 baths and was built in 1865. The property's zip code is 77550 which is in Galveston, TX