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511 43rd Street, Galveston, TX 77550

Galveston Townsite · Galveston County

Key Facts

1Baths
1,700Sq Ft
1959Year Built
0.05Lot (acres)

Description

This is a Minimum Service Listing, please call your agent for details. Coastal Multi-Family Value-Add — Rare Galveston BRRRR & STR Investor Special. This off-market style duplex opportunity is a premier distressed asset play for BRRRR buyers, rental portfolio builders, and fix-and-flip specialists seeking a high-margin acquisition in Galveston’s established Carver Park neighborhood. The flexible, two-story ~1,700 sq ft footprint supports efficient structural, cosmetic, and mechanical updates to maximize ARV and drive forced appreciation. Located in an island submarket experiencing high demand for updated housing, scarcity of multi-family inventory, and robust rental appetite, this asset offers multiple exit strategies for the savvy contractor or out-of-state investor. Capitalize on premium long-term cash flow, or pivot to a furnished mid-term/short-term vacation rental structure just minutes from the Seawall, UTMB, and the tourism corridor.

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Year Built

1959

Living Area

1,700 sq ft

Lot Size

0.05 acres

Lot Dimensions

25 x 90

Days on Market

1

MLS® Listing#

98114245

Property Features

Cooling

None

Heating

None

Flooring

LaminateVinyl

Construction

Wood Siding

Roof

Composition

Utilities

Water Connected

Schools

Elementary:
Gisd Open Enroll
Middle:
Gisd Open Enroll
High:
Ball High School

Financial Details

Annual Taxes

$3,334

Tax year 2025

Parcel Number

350504630007001

Directions

1. Enter Galveston Island heading south on I-45 South. 2. Continue straight as I-45 South turns into Broadway Avenue J. 3. Turn left (north) onto 43rd Street (directly across from the Old City Cemetery). 4. Proceed north on 43rd Street through the intersection at Church Street. 5. The destination will be on your left, situated on the corner just before the alleyway.

Affordability Calculator

$36,000

Estimated monthly payment

$958/mo

Principal $144,000 · Est. interest $200,893 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Galveston, TX

$425,333
Median Listing Price
98
Median Days on Market
1,486
Median Sq Ft
$315
Median Price / Sq Ft
1,358
Active Listings
  • This home’s price is 58% below the area median.
  • Its price per sq ft is 66% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Galveston, TX.

Location

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Points of Interest in Galveston, TX

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Galveston

Listing Courtesy: ListWithFreedom.com - 8554564945

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Last Updated: 2026-06-19

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Houston Association of Realtors. MLS® Listing#98114245. © 2026EXIT Realty®. All rights reserved.