516 Holiday Drive Galveston, TX $ 2,500,000
516 Holiday Drive
$ 2,500,000
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516 Holiday Drive

Galveston, TX, 77550
$ 2,500,000
Bedrooms3 Baths2.0 Sq 12,686

Monthly Estimate*

$ 15,393

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Single Family Home for sale in Galveston, TX

for $2,500,000 with 3 bedrooms and 2 full baths. This 12,686 square foot home was built in 1969.

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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Single Family Active

Price

$ 2,500,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 33,892

Style

Year Built

1969

Town/City

Galveston

County/Region

Galveston

MLS | Web ID

74484509

Features
General
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.
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
Legal Description ABST 628 M B MENARD SUR LOTS 13 & 14 BLK 423 GALVESTON & ADJ
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 2
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Exterior
Parking Features Paved
Lot Size Area 10440
Building Area Total 12686
Lot Size Source Appraiser
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* Excluded Features
List By
Triumph Realty

Broker

alunstedt5@gmail.com

Email

Affordability Calculator

$18,217
Per Month
84%
16%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$2,824
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
5/16/2026$2,500,000 Listed Price

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516 Holiday Drive, Galveston, TX, 77550 is a Single Family Home for sale at $2,500,000 with 12,686 sqft. 516 Holiday Drive has 3 bedrooms, 2.0 baths, and was built in 1969. The property's zip code is 77550 which is in Galveston, TX