For sale

$345,000

135 W 5th St, Kemah, TX 77565

3beds

2,206sqft

$2,749/mo

Get pre-qualified

Quadruplex

Built in 1950

-- sqft lot

$-- Zestimate^®

$156/sqft

$-- HOA

What's special

Situated on two lotsEfficiency unit

Investor Special – Fully Occupied Income Property Near Kemah Boardwalk Excellent cash-flowing investment opportunity in a highly desirable Kemah location. Property is 100% occupied with a strong rental history and units that lease quickly when available. Property Breakdown: • 1 – 3 bed / 2 bath single-family home • 2 – 2 bed / 1 bath units • 1 – Efficiency unit Income: • Gross rental income: $3,700/month • Additional $150/month from on-site coin-operated laundry Key Investment Highlights: • Commercial zoning – potential for future redevelopment or mixed use • Situated on two lots • Strong rental demand area • Value-add potential with future rent increases • Walking distance to Kemah Boardwalk, Galveston Bay, restaurants, shopping, and Stewart Elementary Great opportunity for investors seeking immediate income with long-term upside in a high-demand coastal market.

165 days
152
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Natural Gas

Cooling

Electric, Window Unit(s)

Interior area

Total structure area: 2,206
Total interior livable area: 2,206 sqft

Property

Features

Stories: 1

Lot

Size: 0.33 Acres

Details

Parcel number: 748500040017000

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Roof: Composition

Condition

New construction: No
Year built: 1950

Utilities & green energy

Utilities for property: Cable Connected, Electricity Available, Natural Gas Connected, Water Connected

Community & HOA

Community

Subdivision: West Kemah

Location

Region: Kemah

Financial & listing details

Price per square foot: $156/sqft
Tax assessed value: $336,000
Annual tax amount: $6,638
Date on market: 3/17/2026
Listing terms: Cash,Conventional,Investor,Owner Will Carry
Lease term: 1 Year

Estimated market value

Not available

Estimated sales range

Not available

$2,507/mo

Price history

Date	Event	Price
3/17/2026	Listed for sale	$345,000+4.5%$156/sqft
Source: HAR #83783799 Report a problem
10/28/2020	Listing removed	$330,000$150/sqft
Source: Realty Executives Advantage #67792459 Report a problem
7/2/2020	Listed for sale	$330,000+88.6%$150/sqft
Source: Realty Executives Advantage #67792459 Report a problem
4/21/2014	Listing removed	$175,000$79/sqft
Source: Capital Trust Realty #69136076 Report a problem
11/12/2013	Listed for sale	$175,000$79/sqft
Source: Capital Trust Realty #69136076 Report a problem
6/3/2011	Listing removed	$175,000$79/sqft
Source: Prudential Gary Greene, Realtors #79240012 Report a problem
11/3/2010	Listed for sale	$175,000-15.3%$79/sqft
Source: Prudential Gary Greene #79240012 Report a problem
9/29/2010	Listing removed	$206,500$94/sqft
Source: Prudential Real Estate #78055642 Report a problem
5/2/2010	Listed for sale	$206,500$94/sqft
Source: Prudential Gary Greene #41683048 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,375 -1.1%	$336,000
2024	$2,401 -0.9%	$336,000
2023	$2,422	$336,000 +4.8%
2022	--	$320,480 -0.8%
2021	$2,030 -12.6%	$323,150 +25.8%
2020	$2,324 +11.2%	$256,900 +11.4%
2019	$2,089 -58.6%	$230,520 +9.8%
2018	$5,050	$210,000
2017	$5,050 +26.2%	$210,000 +27.6%
2016	$4,001 +120.8%	$164,570
2015	$1,812 +25.9%	$164,570 +35.9%
2014	$1,439	$121,070
2013	--	$121,070
2012	--	$121,070 -3.9%
2011	--	$126,000 +110%
2010	--	$60,010 -23.9%
2009	--	$78,840 -34.4%
2008	--	$120,160
2007	--	$120,160
2006	--	$120,160
2005	--	$120,160 +30.1%
2004	--	$92,340
2003	--	$92,340 +261.6%
2002	--	$25,540
2001	--	$25,540