For Sale
1113 28th St Galveston, TX 77550
$699,000
Description
Turnkey Galveston STR Investment: 3 Units, Big Tax Advantages! This fully furnished, STR-eligible property is a passive investor's dream, offering a hands-off approach to real estate with significant tax advantages. Located in Galveston's thriving East End, this listing is ready for immediate rental income. It features three distinct units—a duplex and two charming bungalows—each uniquely designed for short or long-term residents. With 2,800 total square feet on a 5,136-square-foot corner lot, and just blocks from the beach, this is an exceptional portfolio expansion opportunity. Price adjusted to $699k to align with current investment lending standards. At this price, the property offers a strong 1.17 DSCR with 25% down, and hits the 'Golden 1.25' ratio with just over 30% down. Turn-key STR ready for the 2026 season. Ready to add a triple-unit gem to your portfolio?
Overview
Financial
Price:
$699,000
Price/SqFT:
$249.64
Original Price:
$750,000
Reduced $:
$51,000
Reduced On:
Jan 15th, 2026
Reduced %:
6.80 %
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$8,771 *
Tax Amount:
$12,016
Amenities and features
Corner Lot
Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorFloors:Vinyl PlankCooling:Window UnitsHeating:Window UnitDishwasher:NoDisposal:NoCompactor:NoMicrowave:YesEnergy Feature:Ceiling Fans
-
ExteriorRoof:CompositionLot Description:CornerFront Door Face:East
Listed By:
Kathy Philipp
Keller Williams Realty Clear Lake / NASA
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