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$823,000

1302 Winnie Street, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds12 Beds
Baths7 Bath
Baths3,888 Sq Ft
Multi FamilyMulti Family
price_per_sqft$225.03 / sqft
Year BuiltBuilt in 1957

Highlights

Interior

Bedrooms 12Bedrooms 12
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesRange, ENERGY STAR Qualified Appliances, Dishwasher, Refrigerator
FlooringLaminate, Tile, Wood, Hardwood, Vinyl

Exterior

Lot Size5,162 sqft

Building Information

Year Built1957
Stories1
Roof Type172
Garage Spaces4

Land Information

APN3505-0373-0008-000
Lot Number8
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 8 BLK 373 GALVESTON
Census Tract724300
Assessed Land Value$190,400
Assessed Improvement Value$359,600
Assessment Year2025

About this property

Discover a remarkable investment opportunity with substantial upside potential in this multi-family, multi-unit property. This charming property offers a total of 7 units across three unique and well-maintained buildings, ensuring excellent income potential. Single Family House at 1302 Winnie is as 2-bedroom, 1-bathroom home which features hardwood flooring and ample space, with potential for further build-out downstairs. Gorgeous Duplex at 1306-1308 Winnie was recently updated with new appliances, lighting, and renovated kitchen and bathrooms with granite countertops. Fourplex at 619 13th Street, each unit is a 2-bedroom, 1-bathroom, providing steady rental income. This package is currently 90% occupied and cash flowing, making it a solid income-producing investment. Situated just minutes from UTMB, the Seawall, the beach, and The Strand, perfect for attracting tenants and maximizing rental income. Don't miss out on this excellent investment opportunity! Schedule your viewing today!

Investor Tools

Property Icon
$823,000
Estimated Property Value
$0Estimated Mortgage Balance
$823,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,249 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,998
$550,000
2025
$190,400
$359,600
$550,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,998
$550,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$823,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Galveston

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1302 Winnie Street | Property Details | No Agent List