Discover a premier high-yield opportunity in the heart of Galveston with this versatile three-unit residential complex. This property perfectly balances space and income, featuring a sprawling 5-bedroom, 3-bathroom main house in the front—ideal for large families or high-occupancy rentals—and a detached 2-bedroom, 1-bathroom duplex in the rear. Generating an impressive $5,500 in monthly revenue, this turnkey asset is a cash-flow powerhouse designed for the savvy investor or the homeowner looking for a significant "house-hack."
Beach & Boardwalk: Just a quick 1-mile bike ride to the famous Galveston Seawall and sandy beaches.
The Hub of Activity: Minutes away from UTMB (University of Texas Medical Branch) and The Strand Historic District, making it a prime spot for medical professionals and students.
Family Favorites: A short drive to Moody Gardens and Schlitterbahn Waterpark, ensuring your units stay in high demand year-round.
Pending
$375,000
4715 Avenue R 1/2, Galveston, TX 77551
5beds
2,048sqft
Multi Family
Built in 1965
-- sqft lot
$354,400 Zestimate®
$183/sqft
$-- HOA
What's special
- 63 days |
- 36 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Collin Scott TREC #0836659 713-208-4266,
Leopold & Strahan
Source: HAR,MLS#: 88449030
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Features
- Flooring: Carpet, Laminate, Wood, Hardwood
- Windows: Window Coverings
Interior area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
Property
Parking
- Parking features: Garage, One Parking Unit
- Has garage: Yes
Features
- Stories: 2
Lot
- Size: 5,100 Square Feet
Details
- Parcel number: 388800000013000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Utilities for property: Electricity Available, Water Connected
Community & HOA
Community
- Subdivision: Hasselmeier Sw & Se 130
Location
- Region: Galveston
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $381,000
- Annual tax amount: $7,859
- Date on market: 5/6/2026
- Listing terms: Cash,Conventional,FHA,Investor
- Lease term: 1 Year
Estimated market value
$354,400
$337,000 - $372,000
$1,614/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Pending sale | $375,000$183/sqft |
Source:  HAR #88449030 Report a problem | ||
| 5/6/2026 | Listed for sale | $375,000$183/sqft |
Source: HAR #88449030 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,549 -0.7% | $381,000 |
| 2024 | $6,594 +4.7% | $381,000 +5.8% |
| 2023 | $6,295 +0.8% | $360,200 +16.3% |
| 2022 | $6,244 -2.4% | $309,700 |
| 2021 | $6,399 +23% | $309,700 +24.3% |
| 2020 | $5,201 +0.9% | $249,230 +19.2% |
| 2019 | $5,155 -0.6% | $209,050 0% |
| 2018 | $5,185 | $209,060 -0.2% |
| 2017 | $5,185 +7.4% | $209,530 +6.1% |
| 2016 | $4,827 +35.9% | $197,420 +37.6% |
| 2015 | $3,552 +7.3% | $143,510 +8.7% |
| 2014 | $3,309 | $131,990 |
| 2013 | -- | $131,990 |
| 2012 | -- | $131,990 |
| 2011 | -- | $131,990 |
| 2010 | -- | $131,990 +4.4% |
| 2009 | -- | $126,450 -8.8% |
| 2008 | -- | $138,640 +10.7% |
| 2007 | -- | $125,240 |
| 2006 | -- | $125,240 +7.2% |
| 2005 | -- | $116,830 +17.1% |
| 2004 | -- | $99,790 |
| 2003 | -- | $99,790 +15.5% |
| 2002 | -- | $86,380 |
| 2001 | -- | $86,380 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Lasker Park
Nearby schools
GreatSchools rating
- 3/10Burnet Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 5/10AIM College & Career PrepGrades: 8-12Distance: 0.7 mi
- 5/10Ball High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Gisd Open Enroll
- Middle: Gisd Open Enroll
- High: Ball High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Galveston County
- Galveston
- 77551
- Lasker Park
- 4715 Avenue R 1/2
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