Galveston, TX 77550,1113 28th ST
Galveston, TX 77550,1113 28th ST
Galveston, TX 77550,1113 28th ST
40
See all 40 photos
$699,000
Est. payment /mo
2 Beds
1 Bath
2,800 SqFt
Price Dropped by $51K

1113 28th ST Galveston, TX 77550

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $249

Subdivision Galveston Townsite

MLS Listing ID 29110163

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1952

Annual Tax Amount $5,612

Tax Year 2023

Property Sub-Type Detached

Property 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?

Location

State TX

County Galveston

Area East End

Interior

Interior Features Furnished, Ceiling Fan(s)

Heating Window Unit

Cooling Window Unit(s)

Flooring Plank, Vinyl

Furnishings Furnished

Fireplace No

Appliance Microwave, Refrigerator

Exterior

Utilities Available Cable Available, Electricity Available, Water Available

Roof Type Composition

Building

Lot Description Corner Lot

Faces East

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

Elementary Schools Gisd Open Enroll

Middle Schools Gisd Open Enroll

High Schools Ball High School

School District 22 - Galveston

Others

Tax ID 3505-0088-0008-000

Security Features Fire Alarm

Virtual Tour https://youtu.be/V9XvukMhDeU


Houston Realtors Information Service / HAR MLS
Listed by Keller Williams Realty Clear Lake / NASA Kathy Philipp

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 14
  • 9

    Austin Middle School

    Public | 5 - 8

  • 7

    Morgan el Magnet School

    Public | PK - 4

  • 6

    Early Childhood University

    Public | PK - 4

  • 5

    Ambassadors Preparatory Academy

    Public | PK - 8

  • 5

    Odyssey Academy Inc

    Public | PK - 9

  • 5

    Scott Collegiate Academy

    Public | 5 - 8

  • 4

    Parker Elementary School

    Public | PK - 4

  • 2

    Aim College & Career Preparatory

    Public | 5 - 12

  • 1

    Weis Middle School

    Public | 5 - 8

  • 1

    Kipp Coastal Village

    Public | PK - 4

  • 0

    Holy Family School

    Private | PK - 8

  • 0

    Kipp Coastal Village Middle School

    Public | 5 - 8

  • 0

    Satori School

    Private | PK - 6

  • 0

    Trinity Episcopal School

    Private | PK - 8

Middle Schools 1
  • 5

    Central Middle School

    Public | 7 - 10

High Schools 3
  • 5

    Ball High School

    Public | 9 - 12

  • 0

    Upward Hope Academy

    Private | 9 - 12

  • 0

    O'Connell College Preparatory School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Donna Johnsrud

Donna Johnsrud

Agent | License ID: 0537120

+1(972) 971-6901

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1113 28th ST