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$497,000

NAL Estimated Property Value

1707 Market Street 1-4, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,584 Sq Ft
price_per_sqft$192.34 / sqft
Year BuiltBuilt in 1955

About this property

Welcome to a unique investment opportunity in the heart of Galveston's Historic East End! This 4-plex is a fantastic investment opportunity, providing four separate units for rental income. All 4 are active income producing vacation rentals. 2024 vacation rental income generated $63000. Perfect for investors looking to capitalize on Galveston's thriving rental market. Each unit is equipped with modern amenities for tenant comfort, ensuring a hassle-free living experience. Nestled in the Historic East End, residents enjoy proximity to iconic landmarks, vibrant local shops, UTMB hospitals and Gulf Coast beaches. Don't miss the chance to own a piece of Galveston's history while generating a steady income. Contact us today to schedule a viewing and explore the potential of this income-producing gem!

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,982 /month
Positive
Cash Flow Estimate:
$994 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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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1707 Market Street 1-4 | Property Details | No Agent List