Moving to Galveston, TX: The Ultimate Guide from Top REALTORS® at Red Hawk Property Team
Rental Near UTMB in Galveston | 1BR Garage Apartment
Live Near UTMB in Galveston — An Off-Campus Rental for Doctors, Nurses, Medical Staff, Residents & Students
A beautifully maintained one-bedroom garage apartment minutes from the University of Texas Medical Branch — privacy, comfort, and a short commute for healthcare professionals and students.
Brian Becker, REALTOR®
Listing Representative · Absolute Realty
Brian Becker is your direct contact for this UTMB-area rental. He can answer questions about availability, lease terms, move-in timeline, security deposit, pet policy, and the rental application process — whether you're relocating from another city or starting a new role or program at UTMB.
A Private Rental Minutes From UTMB
Looking for a rental near UTMB in Galveston? Whether you're relocating to begin a new position at the University of Texas Medical Branch, starting a residency or fellowship, traveling as a healthcare professional, or attending UTMB as a student, finding the right home close to campus can make your transition significantly easier.
Located just minutes from UTMB, this beautifully maintained one-bedroom garage apartment offers privacy, comfort, and convenience in one of Galveston's most desirable areas. With quick access to the hospital, medical school, beaches, and downtown Galveston, it's an excellent option for healthcare professionals and students seeking quality housing close to work or class.
What's Included
- 1 bedroom
- 1 full bathroom
- Approximately 895 square feet
- Private garage
- Open-concept living area
- Granite countertops
- Tile and wood flooring
- Central heating and air conditioning
- Refrigerator included
- Washer & dryer included (shared, non-coin operated)
- Gas cooktop and oven
- High ceilings
- Walk-in shower
- Balcony
- Ceiling fans
- Fire & smoke alarm
- One-year lease
- Pets considered case-by-case
- Smoke-free property
This apartment provides an ideal balance of comfort, functionality, and privacy for professionals working long shifts or students who need a quiet place to study.
Features, appliances, measurements, and policies are provided by the listing and are subject to change. Prospective tenants should independently verify all details before signing a lease.
Inside the Apartment
Photographs are representative of the unit. Showings are by appointment with the listing agent.
Why Live Near UTMB?
One of the biggest advantages of this home is its outstanding location. The property is situated:
- Approximately five minutes from UTMB
- Just a few blocks from the Galveston Seawall
- Minutes from downtown Galveston
- Close to restaurants, coffee shops, grocery stores, pharmacies, and entertainment
- Convenient to beach access and waterfront recreation
Living close to UTMB means spending less time in traffic and more time doing what matters most. Whether you're heading to early morning rounds, overnight shifts, clinical rotations, or evening classes, a shorter commute can help simplify your daily routine.
Distances and drive times are approximate and vary with route, traffic, and destination. Prospective tenants should verify their own commute before leasing.
Why Healthcare Professionals Choose to Live Near UTMB
The University of Texas Medical Branch is one of the largest employers on Galveston Island and serves patients from across Texas. Its workforce includes:
- Physicians
- Registered nurses
- Nurse practitioners
- Physician assistants
- Pharmacists
- Therapists
- Researchers
- Medical residents
- Fellows
- Medical students
- Allied health professionals
- Administrative staff
- Clinical support teams
- Information technology professionals
- Facilities and operations personnel
For many new employees, living close to campus helps reduce commute times while providing easier access during on-call schedules, early shifts, or extended workdays.
Why This Apartment Works Well for UTMB Employees
Healthcare professionals often work demanding and unpredictable schedules. This property offers several features that support that lifestyle.
Quiet, private living
Unlike many large apartment complexes, this garage apartment offers additional privacy, making it easier to rest between shifts.
Private garage
A dedicated garage provides secure parking and additional storage for bicycles, beach equipment, or personal belongings.
Spacious floor plan
With nearly 900 square feet of living space, you'll have room for:
- A home office
- Study space
- Comfortable living room
- Separate dining area
- Additional storage
Full kitchen
Preparing meals at home can save money and provide greater flexibility for professionals working rotating schedules.
Washer and dryer included
Having laundry available on-site eliminates trips to laundromats and makes life more convenient during busy workweeks.
An Excellent Option for UTMB Students
This rental is also well suited for students attending UTMB. Students enrolled in programs such as:
- School of Medicine
- School of Nursing
- Graduate School of Biomedical Sciences
- School of Health Professions
- School of Public and Population Health
…often appreciate having a quieter living environment away from large apartment communities while remaining close to campus. The spacious layout also makes it easier to establish a productive study environment.
Enjoy Everything Galveston Has to Offer
Living on Galveston Island means you're never far from opportunities to relax after work or class. Nearby attractions include:
- Galveston Seawall
- Stewart Beach
- Historic Strand District
- Moody Gardens
- Local coffee shops
- Waterfront restaurants
- Parks
- Fishing
- Sailing
- Museums
- Live entertainment
Whether you enjoy morning walks along the seawall or dinner overlooking the Gulf, Galveston offers a coastal lifestyle that many healthcare professionals and students appreciate. Attractions are named for general orientation only and are not affiliated with this listing or brokerage.
Why Choose This Rental Instead of a Large Apartment Complex?
Many renters relocating to Galveston are searching for:
- More privacy
- Less noise
- Dedicated parking
- More living space
- A residential setting
- Convenient access to UTMB
- Comfortable work-from-home space
- A quieter place to study
This property delivers many of those advantages while remaining close to the medical campus.
Is This Rental Right for You?
This home may be a strong fit for:
- New UTMB employees
- Traveling nurses seeking a longer-term rental
- Medical residents and fellows
- Physicians relocating to Galveston
- Graduate students
- UTMB faculty and staff
- Healthcare administrators
- Researchers
- Allied health professionals
Verify what matters to you
Every prospective tenant should independently determine whether the property, lease terms, location, and amenities best meet their individual needs. Housing is available to all qualified applicants without regard to any protected class.
Frequently Asked Questions
How close is this apartment to UTMB?
The property is located approximately five minutes from the University of Texas Medical Branch, making it convenient for many employees and students. Verify your own commute for your schedule.
What is the monthly rent?
The current advertised rent is $1,375 per month, subject to change and availability.
Is parking included?
Yes. The property includes a private garage for tenant use.
Are a washer and dryer included?
Yes. A shared, non-coin-operated washer and dryer are included.
Is the apartment furnished?
The listing includes a refrigerator, washer, and dryer. Verify any additional furnishings with the listing agent.
Are pets allowed?
Pets are considered on a case-by-case basis under the landlord's policies.
Is smoking allowed?
No. Smoking is not permitted on the property.
How long is the lease?
The advertised lease term is one year.
Who should consider renting this property?
It may appeal to UTMB employees, physicians, nurses, residents, graduate students, medical students, researchers, faculty, and other professionals seeking housing near the medical campus.
How do I schedule a showing?
Contact Brian Becker to schedule a private showing, discuss availability, and begin the rental application process.
Request Info or Schedule a Showing
If you're searching for UTMB housing in Galveston or apartments near the University of Texas Medical Branch, send your info and Brian will follow up to help you take the next step.
Prefer to call or email? 415-250-4904 · briantbecker@gmail.com
Schedule a Private Showing With Brian Becker
Brian Becker, REALTOR®
Listing Representative · Absolute Realty
If you're searching for UTMB housing in Galveston, apartments near UTMB, or rentals close to the University of Texas Medical Branch, contact Brian to schedule a private showing and begin the rental application process. He can help you navigate the next steps whether you're relocating from another city, beginning a new career at UTMB, or preparing to start classes.
Brian Becker, REALTOR® · Listing Representative · Absolute Realty · 415-250-4904
Featured by JLA Realty — Omnia Elevate · Office 713-489-8130
The property owner is a licensed REALTOR®. This rental is listed by Absolute Realty; Omnia Elevate presents it as an informational feature.
More From Omnia Elevate
Equal Housing Opportunity. 1623 Avenue N 1/2 GA-REAR, Galveston, TX 77550 · One-bedroom garage apartment for lease at $1,375/month · Listed by Brian Becker, REALTOR®, Absolute Realty · Presented as an informational feature by JLA Realty — Omnia Elevate. The property owner is a licensed REALTOR®.
This property is offered in accordance with all applicable Fair Housing laws. Housing is available without regard to race, color, religion, sex, disability, familial status, national origin, or any other class protected by federal, state, or local law. References to UTMB, healthcare occupations, schools, and nearby institutions are provided to describe the area and typical commute and are not intended to indicate any preference, limitation, or discrimination against any protected class; the optional UTMB-connection question on the form does not affect eligibility to rent.
The information provided is believed to be accurate but is not guaranteed. Rental rates, availability, deposits, application fees, lease terms, pet and smoking policies, measurements (approximately 895 square feet), and property features are subject to the landlord's current requirements and to change without notice. Distances, drive times, and commutes (including the approximate five-minute reference to UTMB) are estimates that vary with route and traffic. Prospective tenants should independently verify all information, including measurements and commute times, before entering into a lease. Businesses, employers, schools, and attractions are named for general orientation only and are not affiliated with, endorsed by, or endorsing this listing or brokerage.
This is not an attempt to solicit properties already listed with another broker, nor to solicit tenants already subject to a written representation agreement.
Information About Brokerage Services (IABS) ·
TREC Consumer Protection Notice
Texas A&M Galveston Off-Campus Housing | 1BR Near Campus
Texas A&M at Galveston Off-Campus Housing — 1623 Avenue N 1/2 GA-REAR
A private one-bedroom garage apartment on Galveston Island, minutes from campus, UTMB, and the Seawall. A comfortable, independent off-campus option for the 2026–2027 academic year.
Brian Becker, REALTOR®
Listing Representative · Absolute Realty
Brian Becker is your direct contact for this rental. He can walk you through the lease terms, move-in requirements, application fees and deposits, and pet policy, and answer your questions so you can decide whether the apartment fits your housing needs.
A Private Off-Campus Apartment Near Campus
Looking for Texas A&M University at Galveston housing for Fall 2026? Whether you're an incoming freshman, transfer student, Maritime Academy cadet, engineering student, marine biology major, or another Aggie headed to the island, finding the right place to live should be one of your first priorities.
With record enrollment and limited on-campus housing for the 2026–2027 academic year, many students are exploring quality off-campus rentals in Galveston. According to the university, demand for campus housing has exceeded available capacity — making off-campus housing an important option for many students. One rental worth considering is 1623 Avenue N 1/2 GA-REAR, a one-bedroom garage apartment offering a balance of privacy, convenience, and comfortable living just minutes from campus and many of Galveston's most popular destinations.
What's Included
- Rent: $1,375 per month
- 1 bedroom · 1 full bathroom
- Approximately 895 square feet
- Private garage included
- Granite countertops
- Open-concept floor plan
- Tile and wood flooring
- Central air conditioning and heating
- Washer & dryer included (shared, non-coin operated)
- Refrigerator included
- Gas cooktop and oven
- Walk-in shower
- High ceilings
- Balcony
- Ceiling fans
- Fire & smoke alarm
- Pets considered case-by-case
- No smoking
- One-year lease
Features, appliances, measurements, and policies are provided by the listing and are subject to change. Prospective tenants should independently verify all details before signing a lease.
Inside the Apartment
Photographs are representative of the unit. Showings are by appointment with the listing agent.
An Outstanding Location for Students
One of the biggest advantages of this property is its location. The apartment is situated:
- Just a few blocks from the Galveston Seawall
- Approximately five minutes from the University of Texas Medical Branch (UTMB)
- Convenient to Texas A&M University at Galveston
- Close to restaurants, grocery stores, coffee shops, beaches, and entertainment
Living on the island lets students spend less time commuting and more time focusing on classes, internships, campus activities, and enjoying everything Galveston has to offer.
Distances and drive times are approximate and vary with route, traffic, and destination. Prospective tenants should verify their own commute before leasing.
On-Campus vs. Off-Campus Living
Texas A&M University at Galveston offers residence halls and Living Learning Communities designed to help students transition into university life. Because of significant enrollment growth and limited capacity, Fall 2026 housing has become highly competitive, and the university has reported suspending its normal on-campus residency requirement for the 2026–2027 academic year due to the housing shortage. Students should confirm current housing policies directly with the university.
Living on campus may suit students who…
- Want to be within walking distance of classes
- Enjoy organized student programming
- Prefer an active residence-hall environment
- Want easy access to dining facilities
- Are looking to build friendships quickly
Considerations: limited availability, shared living, less personal space, residence-hall rules, and meal-plan requirements depending on assignment.
Living off campus may better match your lifestyle…
- More privacy — your own space to study and recharge
- More room — nearly 900 sq ft vs. a typical dorm room
- Private garage — storage for beach gear and bikes
- Full kitchen — cook your own meals, more flexibility
- Quiet study environment — for labs, exams, and research
- Independence — build budgeting and household skills
Student Employment Opportunities in Galveston
One reason many students choose to live on the island is the variety of jobs available while attending school. Common employers include:
- Texas A&M University at Galveston student employment
- University research laboratories
- University of Texas Medical Branch
- Hotels and resorts
- Restaurants and coffee shops
- Retail stores
- Tourism and hospitality businesses
- Museums and attractions
- Marina and waterfront businesses
- Seasonal beach employers
Texas A&M students may also qualify for campus employment through work-study or departmental positions — a way to gain professional experience while earning income. Employers are listed for general reference only and are not affiliated with this listing or brokerage.
Living in Galveston
Galveston offers much more than a place to attend college. Students enjoy:
- Beaches
- The Galveston Seawall
- Local coffee shops
- Historic downtown
- The Strand District
- Moody Gardens
- Fishing
- Sailing
- Kayaking
- Live music
- Festivals
- Coastal sunsets
Living close to campus lets students enjoy island life while reducing commute time.
Is This Apartment Right for You?
This rental could be a strong option for:
- Texas A&M University at Galveston students
- Graduate students
- UTMB students
- Young professionals
- Medical residents
- Faculty and staff seeking a convenient island location
Verify what matters to you
Prospective tenants should independently verify that the property, lease terms, pet policies, commute, and other features meet their individual needs. Housing is available to all qualified applicants without regard to any protected class.
Frequently Asked Questions
How far is this apartment from Texas A&M University at Galveston?
The property offers convenient access to campus, making it a practical option for many students. Verify the exact distance and commute for your specific schedule.
Is on-campus housing guaranteed?
No. For the 2026–2027 academic year, Texas A&M University at Galveston has reported housing shortages and limited availability. Review the university's official housing information for the latest updates.
Does this apartment include parking?
Yes. The property includes a private garage for the tenant's use.
Is a washer and dryer available?
Yes. A shared washer and dryer are included and are not coin operated.
Are pets allowed?
Pets are considered on a case-by-case basis according to the landlord's policies.
Is smoking permitted?
No. Smoking is not allowed.
How long is the lease?
The advertised lease term is one year.
Is the apartment furnished?
The listing includes major appliances (refrigerator, washer, dryer). Confirm any additional furnishings directly with the listing agent.
What is the monthly rent?
The advertised rent is $1,375 per month, subject to lease terms and availability.
How do I apply?
Contact Brian Becker to schedule a showing and begin the application. The listing currently reflects a $50 application fee and a $1,575 security deposit, subject to the landlord's current requirements.
Request Info or Schedule a Showing
If you're searching for Texas A&M at Galveston off-campus housing for Fall 2026, don't wait — quality rentals near campus can lease quickly. Send your info and Brian will follow up.
Prefer to call or email? 415-250-4904 · briantbecker@gmail.com
Schedule a Showing With Brian Becker
Brian Becker, REALTOR®
Listing Representative · Absolute Realty
To learn more about 1623 Avenue N 1/2 GA-REAR or to schedule a private showing, contact Brian today. He can guide you through the rental application process, explain the lease terms, discuss move-in requirements, and review application fees and deposits so you can decide whether this property fits your needs.
Brian Becker, REALTOR® · Listing Representative · Absolute Realty · 415-250-4904
Featured by JLA Realty — Omnia Elevate · Office 713-489-8130
The property owner is a licensed REALTOR®. This rental is listed by Absolute Realty; Omnia Elevate presents it as an informational feature.
More From Omnia Elevate
Equal Housing Opportunity. 1623 Avenue N 1/2 GA-REAR, Galveston, TX 77550 · One-bedroom garage apartment for lease at $1,375/month · Listed by Brian Becker, REALTOR®, Absolute Realty · Presented as an informational feature by JLA Realty — Omnia Elevate. The property owner is a licensed REALTOR®.
This property is marketed in accordance with Fair Housing laws. Housing is available without regard to race, color, religion, sex, disability, familial status, national origin, or any other class protected by federal, state, or local law. Any references to students, schools, or nearby institutions are provided to describe the area and are not intended to indicate any preference, limitation, or discrimination against any protected class; the optional student question on the form does not affect eligibility to rent.
All information is deemed reliable but is not guaranteed and should be independently verified. Property availability, rental rates, application fees ($50 as currently reflected), security deposit ($1,575 as currently reflected), pet and smoking policies, measurements (approximately 895 square feet), lease terms, and included features are subject to the landlord's current requirements and to change without notice. Distances, drive times, and commutes are approximate and vary with route and traffic. Prospective tenants should independently verify schools, university housing policies, measurements, commute times, and all property details before entering into a lease. University enrollment and housing statements are attributed to Texas A&M University at Galveston and should be confirmed with the university. Businesses, employers, and attractions are named for general orientation only and are not affiliated with, endorsed by, or endorsing this listing or brokerage.
This is not an attempt to solicit properties already listed with another broker, nor to solicit tenants already subject to a written representation agreement.
Information About Brokerage Services (IABS) ·
TREC Consumer Protection Notice
Galveston Fourplex for Sale | 4-Unit Near UTMB — $555,000
1623 Avenue N 1/2, Galveston, TX — Four-Unit Investment Property
A four-unit multifamily property in central Galveston combining established long-term rental history, extensive improvements, and a location near major employers, universities, medical facilities, restaurants, and the beach. Two studios, a detached one-bedroom garage apartment, and a two-bedroom residence — three units currently leased.
Brian Becker, REALTOR®
Listing Representative · Absolute Realty
Brian Becker is the listing representative for 1623 Avenue N 1/2 and your direct contact for property details, rent rolls, leases, and showing appointments. Showings are by appointment with advance notice, and because the property is tenant-occupied, an approval letter or proof of funds is required before a tour is confirmed.
A Galveston Fourplex Built for Flexible Rental Strategies
Investors searching for a multifamily investment property in Galveston, Texas should take a close look at the income potential and flexibility offered by 1623 Avenue N 1/2, Galveston, TX 77550. Now offered for $555,000, this four-unit property combines established long-term rental history, extensive property improvements, and a central Galveston Island location near major employers, higher-education institutions, medical facilities, restaurants, beaches, and popular attractions.
Three units are currently leased. The detached garage apartment — a one-bedroom, one-bath unit — is currently available for lease at $1,375 per month. For an investor, this creates several possible strategies:
- Continue operating the property as a traditional long-term rental.
- Lease the available garage apartment and stabilize all four units.
- Explore furnished mid-term rentals for qualifying professionals, subject to applicable leases and regulations.
- Consider a hybrid long-term and short-term rental strategy.
- Evaluate whether some or all units could legally operate as short-term rentals.
- Use the property as part of a 1031 exchange or broader rental portfolio.
- Occupy one unit and rent the others, subject to financing and occupancy requirements.
Verify before changing the current use
Any alternative rental use must be evaluated carefully. Buyers should verify zoning, property configuration, existing leases, licensing, occupancy limitations, parking requirements, insurance coverage, and City of Galveston regulations before changing the property's current use.
Galveston Fourplex Investment Property Details
| Property address | 1623 Avenue N 1/2, Galveston, Texas 77550 |
| Property type | Four-unit multifamily with multiple detached dwellings |
| Current asking price | $555,000 (reduced from $575,000) |
| Approximate building area | 2,383 square feet |
| Year built | 1960, with extensive subsequent improvements |
| Current occupancy | Three units leased · one unit offered for lease |
| Available unit | Detached one-bedroom, one-bath garage apartment |
| Garage apartment asking rent | $1,375 per month |
| Current rental strategy | Operated as long-term rentals |
| Potential alternative strategies | Mid-term or short-term rentals, subject to due diligence, regulations, and existing leases |
| Showing requirements | Appointment and advance notice required · approval letter or proof of funds prior to tour |
| Seller disclosure | The property owner is a licensed REALTOR® |
The property consists of two studio apartments, a detached garage apartment, and a larger two-bedroom residence. This unit mix may allow an investor to serve several rental segments without depending on a single floor plan or rental price point. All figures deemed reliable but not guaranteed; buyer to verify.
Inside & Around the Fourplex
Photographs are representative and may include units that are currently leased and occupied. Unit access is by appointment only, with tenant coordination and advance notice.
Current & Potential Rental Income
The property's previously reported monthly rents and current advertised rent are:
| Unit | Monthly Rent / Asking Rent |
|---|---|
| Studio apartment 1 | $1,050 |
| Studio apartment 2 | $1,150 |
| Detached 1-bedroom garage apartment | $1,375 asking |
| 2-bedroom, 1.5-bath unit | $1,675 |
| Potential monthly scheduled rent | $5,250 |
| Potential annual scheduled rent | $63,000 |
The $63,000 figure represents potential scheduled gross rent if the available garage apartment is leased at its current $1,375 asking rate. It is not a representation of guaranteed income, net operating income, or future performance.
Basic screening measurements at $555,000
| Potential gross scheduled rent | $63,000 / year |
| Potential gross yield (before expenses) | ≈ 11.35% |
| Potential gross rent multiplier | ≈ 8.81 |
These are screening figures, not an investment analysis
They do not account for vacancy, collection loss, taxes, insurance, utilities, repairs, maintenance, management, reserves, flood coverage, windstorm coverage, licensing, furnishings, financing, or capital expenditures. Before making an offer, an investor should request and independently review current leases and amendments, rent rolls and security-deposit records, recent operating statements, utility bills, property-tax records, insurance declarations and claims history, maintenance records, permits and certificates of occupancy, survey and title documents, existing flood-insurance policies, any short-term-rental history, current property-management agreements, and documentation supporting the number and legality of units.
Why the $555,000 Price Matters
The property was previously marketed at $575,000 and is now offered at $555,000. The lower asking price improves several surface-level investment measurements when compared with the same scheduled rental income. The price reduction does not, by itself, establish value or future return. However, it may create an opportunity for investors who previously reviewed the property but could not make the original pricing work within their acquisition criteria.
At $555,000, the property may attract investors searching for:
- A fourplex for sale in Galveston
- A Galveston Island income property
- A rental property near UTMB
- A Texas coastal multifamily investment
- A property suitable for a 1031 exchange
- A small multifamily property with existing tenants
- A long-term rental with possible short-term-rental upside
- An investment property below $600,000
- A multifamily property close to the Seawall and downtown Galveston
Investors should base any offer on verified income, operating expenses, property condition, financing costs, and expected return rather than on the price reduction alone.
Four Ways to Approach This Rental Investment
One of the most compelling aspects of this property is its operational flexibility. It is currently configured around long-term rental income, but the individual units may support several different rental approaches.
Strategy 1 — Continue long-term rentals
Maintaining the property as a traditional long-term rental may be the most straightforward strategy. Potential benefits include more predictable lease terms, lower turnover than nightly rentals, less frequent cleaning and guest communication, reduced furnishing requirements, an established rental history, existing tenants in three units, and potential demand connected to major island employers and institutions. The immediate objective would be leasing the garage apartment at or near the advertised $1,375 monthly rate, subject to market conditions and applicant qualification. Once occupied, all four units could generate scheduled monthly rent of approximately $5,250 based on the figures provided.
Strategy 2 — Furnished mid-term rentals
A furnished mid-term rental typically serves occupants seeking accommodations for periods longer than a vacation but shorter than a standard annual lease — for example, traveling healthcare professionals, visiting faculty, contract employees, researchers, temporary project workers, people completing internships or clinical rotations, individuals needing temporary housing during home repairs, and those relocating to or from the island. The property's proximity to UTMB may make furnished-rental analysis especially relevant. Mid-term leasing still requires careful planning: investors should evaluate furniture costs, utilities, internet service, cleaning, turnover, insurance, and local regulations, and should not assume that proximity to an institution guarantees occupancy.
Strategy 3 — Hybrid long-term and short-term
A hybrid model could retain some units as long-term rentals while operating another unit as a furnished or short-term rental, provided the use is legally permitted and does not conflict with existing leases. This approach may balance stable long-term income, potentially higher seasonal revenue, diversification among rental types, and flexibility as market conditions change. It also introduces more operational complexity — short-term rentals typically require active pricing, guest communication, cleaning coordination, supplies, tax reporting, regulatory compliance, and higher turnover reserves.
Strategy 4 — Convert units to short-term rentals
Galveston's tourism economy may make vacation rentals appealing, but investors should never underwrite a property as a short-term rental without verifying whether the specific property and units qualify. The City of Galveston currently requires short-term-rental registration and annual renewal. The city's stated 2026 registration fee is $250 for new and existing short-term rentals, with registrations valid through December 31, 2026. The city also states that short-term rentals are generally allowed in most zoning districts but not in the Restricted Residential, Single-Family R-0 district. City rules, fees, and enforcement procedures can change.
Confirm short-term-rental eligibility before you count on it
Before purchasing or converting any unit, an investor should confirm the property's current zoning; whether each dwelling is legally recognized; whether each unit can be registered separately; occupancy limits; parking requirements; life-safety requirements; local-contact requirements; noise and trash requirements; hotel-occupancy-tax obligations; state tax obligations; insurance eligibility; flood and windstorm coverage; existing tenant rights; whether alterations require permits; and whether any deed restrictions apply. The possibility of short-term-rental use should be treated as an opportunity requiring verification — not as a guaranteed or currently approved use.
Near UTMB & Galveston's Medical Community
Location is one of the most important factors in small multifamily investing. This property is situated in Galveston's central East End area, close to the University of Texas Medical Branch and the island's primary medical district.
University of Texas Medical Branch
UTMB is a major healthcare, education, research, and employment institution with deep roots in Galveston. Its Galveston campus includes John Sealy Hospital and other hospital, clinical, educational, and research facilities, and the hospital campus operates around the clock. For rental-property investors, UTMB may contribute to housing demand from people connected to patient care, medical education, nursing, allied-health professions, research, administration, hospital operations, contract services, residency and fellowship programs, and temporary clinical assignments. UTMB's presence does not guarantee that a particular unit will remain occupied or achieve a particular rental rate, but it provides a significant institutional anchor that investors can consider when evaluating long-term and furnished-rental demand.
Medical care on Galveston Island
UTMB's Galveston campus gives island residents access to hospital and specialty services without necessarily traveling to Houston for routine or emergency care. The campus includes John Sealy Hospital and a range of adult, pediatric, surgical, and intensive-care services. A major medical center can contribute to employment and rental demand, and nearby healthcare services may be relevant to a broad range of prospective occupants. Marketing should describe proximity and services factually, without making assumptions about any renter's health, disability, age, or personal circumstances.
Higher-Education Anchors on the Island
Galveston has an unusually strong collection of higher-education institutions for a city of its size. These schools contribute to the island's economy and create housing needs among students, faculty, researchers, administrators, and support employees.
UTMB health-sciences education
UTMB is also an academic health center involved in medical, nursing, health-professions, graduate, and biomedical education. That combination of education, healthcare, and research can support demand for different rental durations — academic-year leases, annual leases, furnished rotations, temporary faculty housing, research assignments, residency-related housing, and contract or project-based stays. Investors should still verify institutional schedules, leasing trends, and the property's competitiveness before building a financial projection around any specific occupant group.
Texas A&M University at Galveston
Texas A&M University at Galveston is Texas A&M's island campus, focused on marine, maritime, engineering, science, business, and transportation-related education. The university reports that it educates nearly 2,300 undergraduate and graduate students annually. The campus is located on Pelican Island, which is connected to Galveston and also includes Seawolf Park and the Galveston Naval Museum. Texas A&M Galveston represents another potential source of rental demand, though applicants should never be targeted or excluded based on protected characteristics. Investors should apply consistent screening standards and verify occupancy rules for all applicants.
Galveston College
Galveston College provides academic, workforce, and continuing-education opportunities for the island and surrounding communities, adding another layer to Galveston's educational and workforce infrastructure. Local colleges and universities can affect rental demand by bringing students, instructors, and employees to the island, but investors should avoid claims of guaranteed demand or marketing the property exclusively to one type of occupant.
Public & Private School Options
Information about nearby schools can be useful to prospective occupants, but real estate marketing must remain objective. Investors and property owners should direct consumers to official school sources rather than making subjective claims about which school is "best," "good," or suitable for a particular household.
Galveston Independent School District
Galveston ISD serves students on Galveston Island and part of the Bolivar Peninsula. The district reports serving approximately 6,300 students across 10 campuses, with current enrollment displayed above 6,600 students. The newly opened Ball High School includes pathways involving health science, engineering, business internships, and dual-credit opportunities. GISD also provides access to official campus and district accountability reports.
Verify school assignments directly with the district
Prospective occupants should independently verify current attendance boundaries, assigned campuses, enrollment requirements, transfer policies, magnet programs, transportation availability, academic programs, and state accountability information. School assignments and programs may change. No representation is made that a property is assigned to a particular school, or as to the quality, rating, or suitability of any school or district.
Private & parochial schools
Private educational options on the island include Trinity Episcopal School (early-childhood through middle school), Holy Family Catholic School (early-childhood through eighth grade), O'Connell College Preparatory School (high school), Satori School, and Upward Hope Academy. Availability, accreditation, tuition, admissions, and grade levels should be confirmed directly with each school.
Galveston's Tourism & Cruise Economy
Galveston's investment appeal is not based on one industry. Healthcare, education, tourism, maritime activity, hospitality, and the Port of Galveston all contribute to the local economy.
The Port of Galveston opened its fourth cruise terminal in November 2025. The port projected approximately 445 sailings and 3.9 million passenger movements during 2026 — which would represent a new port record — and identifies itself as the fourth-ranked cruise home port in the United States, hosting six major cruise lines with additional expansion under exploration.
Cruise growth may support employment and business activity involving hospitality, transportation, parking, food service, retail, cruise operations, port services, maintenance, logistics, and visitor accommodations. Cruise passenger counts should not be directly converted into a rental-revenue forecast — many passengers drive to the island, stay elsewhere, or do not require overnight accommodations. The port's growth is better understood as one of several economic factors supporting Galveston's broader visitor and service economy.
Restaurants & Dining Near Central Galveston
Galveston has a well-established restaurant culture shaped by Gulf seafood, local history, and year-round tourism. Dining options around central Galveston and the East End include:
- Rudy & Paco Restaurant and Bar
- Vargas Cut and Catch
- Miller's Seawall Grill
- ShyKatZ
- Sonny's Place
- Mosquito Café
- Saltgrass Steak House
- Katie's Seafood House
- Gaido's
- BLVD Seafood
- Fisherman's Wharf
- The Original Mexican Cafe
Restaurant availability, ownership, and operating hours can change. Businesses are named for general area orientation only and are not affiliated with, endorsed by, or endorsing this listing or brokerage. Nearby dining should be treated as a location benefit rather than a guarantee of rental performance.
Things to Do on Galveston Island
Galveston offers more than beach access. Its combination of recreation, history, museums, festivals, architecture, and maritime attractions creates a year-round island identity, with a network of beaches, museums, and historic sites promoted by the island's tourism organization. Popular attractions and activities include:
- Galveston Island Historic Pleasure Pier
- The Strand Historic District
- Galveston Seawall
- Moody Gardens
- Schlitterbahn Galveston Island Waterpark
- Bishop's Palace
- The Bryan Museum
- Galveston Railroad Museum
- Ocean Star Offshore Drilling Rig & Museum
- Grand 1894 Opera House
- 1877 Tall Ship ELISSA
- Galveston Naval Museum & Seawolf Park
- East Beach & Stewart Beach
- Fishing piers & charter fishing
- Kayaking & paddle sports
- Historic home tours & downtown galleries
Seasonal and annual events may include Mardi Gras! Galveston, Dickens on The Strand, the Lone Star Motorcycle Rally, the Galveston Island Beach Revue, ArtWalk events, holiday celebrations, Restaurant Week, music and food festivals, and fishing tournaments. Event schedules and operations change from year to year.
Living — and Investing — on Galveston Island
Galveston combines an established residential community with a large visitor economy, a working port, a medical district, university campuses, beaches, and historic neighborhoods. Potential occupants may value access to the Gulf, the Seawall, downtown dining and entertainment, historic architecture, medical services, colleges, fishing and boating, festivals, museums, cruise terminals, and island employment.
Investors should also account for the realities of coastal ownership:
- Tropical-weather exposure
- Flood risk
- Windstorm risk
- Salt-air corrosion
- Potentially higher insurance costs
- Evacuation planning
- Moisture management
- Exterior maintenance
- Drainage concerns
- Seasonal tourism patterns
A well-prepared coastal-property budget should include larger maintenance and insurance reserves than might be used for a comparable inland property.
Commuting between Galveston and Houston
Interstate 45 is the primary highway connecting Galveston Island with League City, Clear Lake, Webster, and Houston. Approximate trips may include:
- Galveston to Texas City: roughly 20–30 minutes
- Galveston to League City: roughly 35–50 minutes
- Galveston to Webster / Clear Lake: roughly 40–55 minutes
- Galveston to Hobby Airport: often ~45–65 minutes
- Galveston to downtown Houston: often ~55–75 minutes
- Galveston to the Texas Medical Center: frequently one hour or more
- Galveston to Bush Intercontinental Airport: frequently 90 minutes or more
These are general estimates, not guarantees. Travel times vary with traffic, construction, weather, time of day, holiday weekends, major island events, and cruise embarkation periods. The property is more naturally positioned for people working or studying on the island than for a short daily commute to central or north Houston, though I-45 makes regional travel possible.
Property Improvements & Reduced Near-Term Capital Needs
According to the property information provided, substantial improvements have already been completed.
Exterior & structural
- Hardie plank siding
- Exterior repainting
- Fence replacement
- Electrical-system updates
Mechanical & building systems
- HVAC-system replacement
- Replacement of multiple A/C units
- Water-heater replacement
- Plumbing-fixture improvements
Interior
- Updated appliances
- Updated lighting
- Finish improvements
- Flooring replacement in a renovated unit
- Updated countertops & backsplash
- Kitchen & bathroom improvements
"Improved" does not mean "no work needed"
These improvements may reduce some near-term capital needs, but buyers should not assume a recently improved property requires no additional work. A licensed inspector and qualified contractors should evaluate the foundation and structural components, roof, electrical, plumbing and sewer lines, HVAC equipment, water heaters, siding, windows and doors, moisture intrusion, drainage, termite or wood-destroying-insect activity, unit separation, code compliance, and the remaining useful life of improvements.
Transferable Flood Insurance
The property is reported to include two grandfathered flood-insurance policies covering the front and rear dwellings, with the possibility of transfer to the buyer. This could be an important feature in a coastal market, but it requires detailed verification.
A buyer should obtain and review full policy declarations, current premiums, coverage limits, deductibles, flood-zone information, elevation certificates, claims history, renewal terms, transfer requirements, whether coverage applies to all structures and units, whether policy terms change after acquisition, and whether lender requirements exceed current coverage.
Confirm transferability in writing
Insurance agents and carriers should confirm transferability in writing. Neither the existence of current policies nor their historical premiums guarantees that a buyer will receive the same coverage, rate, or renewal terms. The buyer should also investigate windstorm, general hazard, liability, loss-of-rents, and — when applicable — short-term-rental coverage.
Questions to Ask Before Purchasing
A serious multifamily buyer should ask:
- Are all four units legally recognized by the City of Galveston?
- Is the existing use permitted under the property's zoning?
- Are all units separately metered for electricity, water, and gas?
- Which utilities are included in rent?
- What are the lease expiration dates?
- Are any tenants month-to-month?
- What security deposits are being held?
- Are there delinquent rents or payment plans?
- What is the property's actual trailing 12-month income?
- What are the actual trailing 12-month expenses?
- What insurance policies currently cover the property?
- Can the flood policies be transferred?
- Has the property sustained previous flood or storm damage?
- What repairs were completed after prior claims?
- Are permits available for major improvements?
- Is the garage apartment separately permitted?
- What short-term-rental uses are legally available?
- Can each dwelling receive an individual STR registration?
- Are there sufficient legal parking spaces?
- What improvements will be needed over the next five years?
Preliminary Analysis at $555,000
| Scheduled monthly rent | $5,250 |
| Scheduled annual rent | $63,000 |
| Asking price | $555,000 |
| Potential gross yield | ≈ 11.35% |
| Potential gross rent multiplier | ≈ 8.81 |
This is not a cap-rate calculation
To calculate a projected capitalization rate, the investor must estimate net operating income: gross scheduled rent, minus vacancy and collection loss, property taxes, insurance, owner-paid utilities, repairs and maintenance, management, landscaping and pest control, licensing and administrative expenses, and replacement reserves. Debt service and income taxes are generally considered after NOI when calculating cash flow. A conservative model should test multiple scenarios — current long-term rents, market rents from comparable leases, higher vacancy, increased insurance premiums, increased property taxes after acquisition, professional management, unexpected repairs, hurricane-related deductibles, short-term-rental conversion expenses, furnishing and setup costs, and seasonal short-term-rental performance.
Who Should Consider This Property?
May be a fit for investors seeking
- A small multifamily acquisition
- Existing long-term rental income
- Multiple units on one property
- A Galveston Island location near UTMB
- Potential furnished-rental opportunities
- Possible short-term-rental flexibility
- A 1031-exchange replacement property
- A coastal addition to an existing portfolio
- An investment below $600,000 with substantial prior improvements
May be less appropriate for an investor who
- Does not want coastal insurance exposure
- Wants a completely passive investment
- Is unwilling to maintain multiple structures
- Requires guaranteed short-term-rental approval
- Cannot absorb periods of vacancy or major deductibles
- Has not budgeted for salt-air and storm-related maintenance
Frequently Asked Questions
Is 1623 Avenue N 1/2 currently for sale?
Yes. Based on the information provided for this article, the property is currently offered for $555,000. Pricing and availability can change, so verify the current status with the listing representative.
Is the Galveston fourplex fully occupied?
Three units are currently reported as leased. The detached garage apartment is available for lease at an asking rent of $1,375 per month.
What is the potential monthly and annual rental income?
Based on the provided rents and the garage apartment's asking rate, potential scheduled rent is approximately $5,250 per month (about $63,000 per year) once all four units are occupied.
Is $63,000 the property's net income?
No. That is potential gross scheduled rent before vacancy, taxes, insurance, utilities, maintenance, management, and other expenses.
Can the property be used as a short-term rental?
It may be possible, but it is not guaranteed. Buyers must verify zoning, unit legality, registration eligibility, parking, occupancy limits, insurance, and all City of Galveston requirements.
Are short-term rentals regulated in Galveston?
Yes. The City of Galveston requires registration, annual renewal, and compliance with applicable rules. Hotel-occupancy-tax obligations may also apply.
Could units be rented to traveling medical professionals?
An investor could evaluate furnished mid-term rentals because the property is near UTMB. However, occupancy and rental rates are not guaranteed, and advertising must comply with fair-housing requirements.
How close is the property to UTMB?
It is located in central Galveston near the UTMB medical and academic district. Verify exact driving, walking, and cycling distances based on the specific destination within the campus.
What colleges are on Galveston Island?
Major institutions include UTMB, Texas A&M University at Galveston, and Galveston College.
What public-school district serves Galveston?
Galveston ISD serves the island and part of the Bolivar Peninsula. School assignments should be verified directly with GISD.
Does the property include flood insurance?
It is reported to have two grandfathered flood-insurance policies that may be transferable. The buyer must confirm the policies, premiums, coverage, and transfer requirements directly with the insurer.
Is the seller a licensed real estate professional?
Yes. The owner is reported to be a licensed REALTOR®. This relationship is disclosed as required.
Would this property work for a 1031 exchange?
It may qualify as replacement property in a properly structured exchange, but consult a qualified intermediary, CPA, and attorney first. Real estate agents do not provide tax or legal advice.
Can an investor live in one unit and rent the others?
Potentially. This depends on lease availability, financing requirements, unit configuration, and intended occupancy. Existing tenant rights must be honored.
What financing is available for a four-unit property?
Options may include conventional residential financing, investor financing, portfolio loans, commercial loans, or owner-occupied financing when eligibility requirements are met. Loan terms depend on the borrower, property, occupancy, and lender guidelines.
Is this property turnkey?
It has existing tenants and substantial reported improvements, but "turnkey" does not mean maintenance-free. Buyers should complete independent financial, physical, legal, and insurance due diligence.
Schedule a Private Showing of the Galveston Fourplex
Tell us how to reach you and a little about your plans, and the listing representative will follow up to coordinate a private showing of 1623 Avenue N 1/2.
Prefer to call or email? 415-250-4904 · briantbecker@gmail.com
About the Listing Representative
Brian Becker, REALTOR®
Listing Representative · Absolute Realty
Brian Becker is the listing representative for 1623 Avenue N 1/2 and the direct point of contact for leases, rent rolls, operating information, and showing appointments. If you are working with your own REALTOR®, please have them arrange the showing. Because the property is tenant-occupied, an approval letter or proof of funds is required before a tour is confirmed, and appointments require advance notice.
Brian Becker, REALTOR® · Listing Representative · Absolute Realty · 415-250-4904
Featured by JLA Realty — Omnia Elevate · Office 713-489-8130
This property is listed by Absolute Realty; Omnia Elevate presents it as an informational feature.
More From Omnia Elevate
Equal Housing Opportunity. 1623 Avenue N 1/2, Galveston, TX 77550 · Four-unit multifamily investment property · Offered at $555,000 · Listed by Brian Becker, REALTOR®, Absolute Realty · Presented as an informational feature by JLA Realty — Omnia Elevate. The property owner is a licensed REALTOR®.
All information is deemed reliable but is not guaranteed and should be independently verified. Property status, price, availability, rents, occupancy, income, expenses, measurements, unit configuration, permits, zoning, taxes, insurance, flood information, school assignments, utilities, restrictions, and property condition are subject to change without notice. Projected income figures (including approximately $5,250 potential monthly and $63,000 potential annual scheduled gross rent, an approximate 11.35% potential gross yield, and an approximate 8.81 gross rent multiplier) are provided for general informational purposes only and are not guarantees of future income, occupancy, cash flow, appreciation, tax benefits, or investment performance. Buyers should independently evaluate all financial information and consult qualified professionals, including a real estate attorney, CPA, lender, insurance agent, property inspector, contractor, surveyor, engineer, and qualified intermediary when appropriate.
Any potential short-term-rental, furnished-rental, or alternative use is subject to existing leases, zoning, City of Galveston regulations, registration, permitting, hotel-occupancy taxes, insurance requirements, and other applicable laws. School information is provided as a general resource; attendance boundaries, enrollment, programs, and availability must be verified directly with the applicable public or private school, and no representation is made as to the quality, rating, or suitability of any school or district. Restaurants, attractions, healthcare facilities, institutions, and businesses are referenced for general orientation only and are not affiliated with, endorsed by, or endorsing this listing or brokerage. Mileage and travel times are approximate estimates that vary with traffic, construction, weather, and route.
This page is provided for general informational purposes only and is not intended to indicate any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, national origin, or any other class protected by federal, state, or local fair housing laws. All real estate advertised herein is subject to the Federal Fair Housing Act and the Texas Fair Housing Act. This is not an attempt to solicit properties already listed with another broker, nor to solicit buyers already subject to a written representation agreement.
Information About Brokerage Services (IABS) ·
TREC Consumer Protection Notice
Multifamily Investment Property in Galveston TX | 4 Unit Rental for Sale Near UTMB
Multifamily Investment Property in Galveston, TX | 4-Unit Coastal Income Opportunity
Looking for a Multifamily Investment Property in Galveston, Texas?
If you’re searching for a cash-flowing multifamily property in Galveston, this 4-unit opportunity offers a rare combination of stabilized income, strong location, and major upgrades already completed.
Located in the East End of Galveston Island, this fully leased property is positioned to deliver immediate returns with long-term upside.
🏡 Property Overview: 1623 Avenue N 1/2, Galveston, TX
- Property Type: 4-Unit Multifamily (Multiple Detached Dwellings)
- Price: $575,000
- Square Footage: ~2,383 SF
- Year Built: 1960 (with extensive improvements)
- Occupancy: 100% leased
- Annual Rental Income: $62,700
This is a turnkey investment property with income already in place—no lease-up required. GET DIRECTIONS TO PROPERTY HERE
💰 Current Rental Income (Stabilized Cash Flow)
This Galveston multifamily property features a diverse unit mix that supports consistent rental income:
- Studio #1: $1,050/month
- Studio #2: $1,150/month
- 1 Bed / 1 Bath (Detached Garage Apartment): $1,350/month
- 2 Bed / 1.5 Bath: $1,675/month
👉 Total Monthly Income: $5,225
👉 Total Annual Income: $62,700
The property is fully occupied, providing immediate cash flow from day one.
📍 Prime Location on Galveston Island
One of the biggest advantages of this investment property is its location near major demand drivers in Galveston.
🏥 Close to Major Employers
These institutions create consistent rental demand from:
- Medical professionals
- Students and faculty
- Support staff
Jeff Shealey of HMA Mortgage can help you with this information. Complete this form, and he will reach out ASAP.
What would my payments be for this investment property, and what are the financing options?
🎡 Near Top Galveston Attractions
🚢 Benefit from Cruise Port Growth
- Port of Galveston continues expanding
The growing cruise industry brings:
- Increased tourism
- More service jobs
- Additional housing demand
🍽️ Walkable Dining & Lifestyle
- Sonny’s Place
- Shycatz
- Saltgrass Steak House
- Miller’s Seawall Grill
This level of accessibility enhances tenant appeal and retention.
🛠️ Major Property Improvements (Reduced CapEx)
This Galveston multifamily investment includes significant upgrades already completed, reducing future expenses.
Exterior & Structural
- Hardie plank siding
- Exterior repaint
- Fence replacement
- Electrical system updates
Systems & Mechanical
- HVAC system replaced
- Multiple A/C units replaced
- Water heater replaced
Interior Upgrades
- Updated appliances
- Plumbing fixture improvements
- Lighting and finish upgrades
Fully Renovated Unit
- New flooring, countertops, backsplash
- Updated kitchen and bathroom
- New HVAC system
👉 These improvements help minimize near-term maintenance costs and improve long-term performance.
🚨 Unique Advantage: Transferable Flood Insurance
This property includes:
- Two grandfathered flood insurance policies
- Coverage for both front and back dwellings
- Transferable to the new owner
👉 In a coastal market like Galveston, this can significantly reduce operating costs and risk.
📈 Why Investors Are Targeting Galveston Multifamily Properties
Galveston continues to attract investors due to:
- Strong tourism economy
- Expanding cruise port activity
- Major employers like UTMB
- Limited inventory of turnkey multifamily properties
👉 Properties that are fully occupied, upgraded, and well-located are in high demand.
📞 Schedule a Showing
If you’re searching for a multifamily investment property in Galveston, TX, this opportunity deserves a closer look.
Brian Becker
Absolute Realty
📱 415-250-4905
📧 briantbecker@gmail.com
📅 Showings by appointment only (24-hour notice required)
📄 Pre-approval required prior to showing
Brian Becker, REALTOR®
Listing representative for 1623 Avenue N 1/2, Galveston, Texas 77550.
Schedule a Showing with Brian Becker
⚠️ Disclosure
The owner of this property is a licensed REALTOR®. All information is deemed reliable but not guaranteed. Buyers should independently verify all details.
Compliance Notice
All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer. Details regarding square footage, lot size, room dimensions, school zoning, taxes, HOA fees, restrictions, and property condition should be confirmed through independent sources.
Information presented about this property is representative only as of the date of this post. Property status, pricing, availability, and other details are subject to change without notice. For the most current information, including status updates or price changes, please contact the listing agent directly.
Equal Housing Opportunity.
18035 Shaman Drive, Galveston, TX 77554 | Bay View Home for Sale in Indian Beach
18035 Shaman Drive | Coastal Living on Galveston’s West End
Welcome to 18035 Shaman Drive, Galveston, Texas 77554, a stunning custom coastal home located in the desirable Indian Beach subdivision on Galveston’s sought-after West End. Built in 2022 and thoughtfully designed for modern coastal living, this 3-bedroom, 2-bathroom residence offers elevated construction, bay views, and nearly half an acre of space to enjoy the Gulf Coast lifestyle.
Listed at $745,000, this 2,160 square foot home blends style, functionality, and investment opportunity.
Property Highlights
-
3 Bedrooms | 2 Full Bathrooms
-
2,160 SqFt (Appraisal District)
-
Lot Size: 21,606 SqFt (.496 Acres)
-
Built in 2022
-
Bay View
-
Foundation on Stilts
-
Attached Garage
-
Tile Flooring Throughout
-
Quartz Countertops
-
12-Foot Living Room Ceilings
-
Currently Used as an Airbnb
Jeff Shealey of HMA Mortgage can help you with this information. Complete this form, and he will reach out ASAP.
What would my payments be for this property, and what are the financing options?
Designed for Modern Coastal Living
Step inside and immediately notice the soaring 12-foot ceilings in the living area, creating a bright, open, and inviting atmosphere. The open-concept layout seamlessly connects the living room and kitchen — ideal for entertaining guests or hosting vacation renters.
The kitchen features:
-
Quartz countertops
-
Large island
-
Soft-closing cabinets and drawers
-
Under-cabinet lighting
-
Ample storage space
Durable tile flooring flows throughout the home, offering both low maintenance and long-term durability — perfect for coastal living.
Spacious Bedrooms & Functional Layout
The primary suite is generously sized (16×17) and includes:
-
Walk-in closet
-
Double sinks in the primary bath
Secondary bedrooms are equally spacious, and both bathrooms feature double sinks — a major convenience for guests or rental occupants.
A utility room inside the home adds additional functionality.
Elevated Construction & Bay Views
Situated on nearly half an acre in Indian Beach Section 3, this home offers water views and coastal breezes. Built on stilts with cement board and wood exterior construction, it is designed for durability in a coastal environment.
Located off FM 3005 on Galveston’s West End:
-
Minutes from Jamaica Beach
-
Quick access to beaches
-
Quiet subdivision setting
-
Deed-restricted community
-
Annual HOA: $360
Investment Opportunity – Short-Term Rental Potential
The property is currently used as an Airbnb, making it attractive for investors seeking:
-
West End Galveston short-term rental income
-
Coastal vacation property
-
Second home with income-producing potential
With nearly half an acre and modern construction (2022 build), this home offers strong appeal for both personal use and investment strategy.
Schools
Zoned to Galveston ISD with open enrollment options and Ball High School.
Buyer must independently verify school enrollment and eligibility.
Financial Overview
-
List Price: $745,000
-
LP/SF: $344.91
-
2025 Taxes (without exemptions): $11,092
-
Tax Rate: 1.6952
-
Financing Options: Cash, Conventional, FHA, VA
-
Maintenance Fee: $360 annually (Mandatory)
HENRRY DOMINGUEZ, REALTOR®
Call Galveston, Texas Home – Your Trusted REALTOR®
Schedule a Showing a Private Showing with Henrry Dominguez
Compliance Notice
All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer. Details regarding square footage, lot size, room dimensions, school zoning, taxes, HOA fees, restrictions, and property condition should be confirmed through independent sources.
Information presented about this property is representative only as of the date of this post. Property status, pricing, availability, and other details are subject to change without notice. For the most current information, including status updates or price changes, please contact the listing agent directly.
Equal Housing Opportunity.
Galveston, TX Fourplex for Sale | Fully Occupied Beach-Area Multifamily
Galveston, TX Fourplex for Sale | Turnkey Beach-Area Multifamily Investment
Galveston, TX Fourplex for Sale – Walk to the Gulf | Fully Occupied | East End Location
Investors looking for a Galveston, TX fourplex for sale with immediate cash flow, beach proximity, and long-term appreciation potential will want to take a close look at 1623 Avenue N 1/2, Galveston, Texas 77550. Located just one and a half blocks from the Gulf of Mexico, this fully occupied four-unit property sits in the desirable East End and offers a rare combination of turnkey income, lifestyle appeal, and strong rental demand.
Investment Snapshot
-
Property Type: 4-plex / Multifamily (1–4 units)
-
Total Units: 4
-
Occupancy: 100% occupied
-
Gross Annual Income: $62,400
-
Unit Mix:
-
2 Studio units
-
1 One-Bedroom / One-Bath garage apartment
-
1 Two-Bedroom / 1.5-Bath unit with private deck
-
-
Year Built: 1960
-
Living Area: Approx. 2,383 sq ft
-
Lot Size: Approx. 5,160 sq ft
-
Condition: Turnkey with over $100,000 in upgrades in recent years
This Galveston, TX fourplex for sale is ideal for investors seeking cash flow from day one, as well as owner-occupants interested in house hacking while maintaining privacy between units.
Prime Location – One and a Half Blocks from the Gulf
Few multifamily opportunities offer this level of proximity to the beach. Tenants and guests can easily walk to the shoreline, making the property attractive for long-term rentals, mid-term housing, or a hybrid investment strategy.
Nearby attractions include:
This constant draw of tourism, education, and healthcare employment fuels consistent rental demand across multiple tenant profiles.
Strong Rental Market Drivers
Galveston benefits from a unique mix of tourism, healthcare, higher education, and port-related employment, creating a diverse and resilient renter base. Properties near the Gulf and East End historically outperform inland assets due to walkability, lifestyle appeal, and scarcity.
Jeff Shealey of HMA Mortgage can help you with this information. Complete this form, and he will reach out ASAP.
What would my payments be for this investment property, and what are the financing options?
Schools in Galveston – Public & Private Options
Families and professionals value Galveston for its school choices, including:
Public Schools
Private & Parochial Schools
School options add to the long-term stability and tenant retention potential for multifamily investments in the area.
School zoning and attendance boundaries are subject to change. Buyers are encouraged to independently verify current school assignments directly with Galveston ISD to confirm eligibility and zoning information.
Proximity to Houston – A Major Investor Advantage
Galveston is strategically located approximately 50 miles southeast of Houston, making it accessible to one of the largest metropolitan economies in the country.
-
Houston population: ~2.3 million
-
Greater Houston population: ~7.5 million
This proximity supports:
-
Commuter demand
-
Medical professionals rotating through UTMB
-
Investors seeking coastal assets without coastal-metro pricing
Dining & Lifestyle Appeal
Galveston’s food scene is a major draw for both residents and visitors. Popular local favorites include:
Access to walkable dining and entertainment strengthens rental appeal and supports premium rents.
Why This Galveston, TX Fourplex for Sale Stands Out
✔ Beach-area location
✔ Fully occupied with immediate income
✔ Diverse unit mix
✔ Significant recent upgrades
✔ Strong employment and tourism drivers
✔ Excellent candidate for house hacking or long-term hold
Important Disclosure
The Landlord/Owner of this property is Jeremy Williams, a licensed REALTOR® in the State of Texas. All showings are by appointment only and require pre-approval documentation. Property is listed by: Brian Becker of Absolute RE.
Schedule a Private Showing
For a private showing or additional investment details, complete the form below.
A minimum 24-hour notice is required, and the listing agent must be present for all showings.
Brian Becker, REALTOR®
Listing representative for 1623 Avenue N 1/2, Galveston, Texas 77550.
Schedule a Showing with Brian Becker
Rare Multi-Family Investment Opportunity on Galveston Island | 1623 Avenue N 1/2, Galveston, TX
Multi-Family Property for Sale in Galveston, TX – Prime Investor Opportunity Near the Seawall
Invest in a High-Demand Coastal Market – Just Steps from the Beach
Now listed at $650,000 (originally $700,000), this exceptional 4-plex located at 1623 Avenue N 1/2, Galveston, TX 77550 is your chance to own income-producing property in one of Texas’ top coastal markets. Just a block and a half from the Gulf of Mexico, this property is ideal for investors in:
-
The Greater Houston area
-
California and the Pacific Northwest
-
Overseas buyers seeking U.S. real estate investments
Whether you’re scaling your portfolio or purchasing your first income property, this turnkey opportunity offers serious upside.
Property Overview – Four Units, Multiple Income Streams
Unit Configuration
-
Main two-story house
-
Upstairs: 2 bed, 1.5 bath unit
-
Downstairs: Two efficiency (studio) units
-
-
Garage apartment
-
1 bed, 1 bath above a one-car garage
-
Includes a large storage area for owner use
-
Recent Upgrades Include
-
New roof (2020)
-
Full exterior replacement with Hardie plank siding
-
Interior updates in several units
This is a low-maintenance investment with immediate rental income potential.
Walkable Location – Close to Galveston’s Attractions & Employment Hubs
This property is walkable to some of the most iconic destinations on the island:
-
Galveston Seawall & Beaches
-
The Strand Historic District
-
Pleasure Pier
-
Hotel Galvez & Murdoch’s
-
Moody Gardens & Schlitterbahn Waterpark
-
UTMB (University of Texas Medical Branch)
-
Galveston Cruise Terminals
Whether you’re targeting vacation rentals, travel nurses, students, or long-term tenants, this location appeals to all.
Why Investors Are Targeting Galveston, TX
Strong Demand, Smart Value
-
Over 7 million annual visitors
-
Expanding cruise industry and port infrastructure
-
Finite land supply on the island = increasing property values
-
More affordable than most U.S. beachfront markets
-
Ideal for 1031 exchanges, self-directed IRAs, or cash flow-focused purchases
Want to explore nearby opportunities? Read our Ultimate Guide to Moving to League City, Texas.
Turnkey and Ready to Show
-
One unit is vacant and available for private tour appointments
-
Tenant-occupied units can be shown after an accepted offer
-
The owner is a licensed real estate agent, making the transaction smooth and efficient
📍 Get directions to 1623 Avenue N 1/2, Galveston, TX 77550
📸 View full photo gallery and listing details
Contact Tim Larson with KW Commercial, brokered by KW Houston Memorial, to learn more or to schedule a showing.
Own a Piece of Galveston’s Investment Potential
Whether you’re after dependable long-term tenants or short-term vacation income, this multi-family property for sale near Galveston’s Seawall offers unmatched value and location. At the newly reduced price, this rare opportunity won’t last long.
Rudy & Paco: One of the Best Fine Dining Restaurants in Galveston, Texas
Rudy & Paco: The Best Fine Dining Restaurant in Galveston, TX for Seafood, Steaks, and Romantic Nights Out
If you’re searching for the best restaurants in Galveston, TX, Rudy & Paco Restaurant and Bar should be at the top of your list. Located in the heart of historic downtown Galveston, this award-winning restaurant offers an unforgettable fine dining experience featuring expertly prepared seafood and steak dishes with a South and Central American twist. Whether you’re celebrating a special occasion, planning a romantic dinner, or looking for one of the top-rated Galveston restaurants, Rudy & Paco delivers elegance, flavor, and impeccable service every time.
Brought to you by the Red Hawk Property Team powered by JLA Realty — the premier real estate team in Texas with members proudly serving Galveston and the surrounding coastal communities.
Fine Dining in Galveston Starts Here
For those looking up “fine dining Galveston TX,” Rudy & Paco sets the standard. This upscale restaurant blends classic charm with modern culinary excellence. From white tablecloth service to a curated wine list, it’s no surprise Rudy & Paco frequently appears on lists of the top places to eat in Galveston.
A Prime Location in Downtown Galveston
Situated on Postoffice Street near The Grand 1894 Opera House, Rudy & Paco is a popular destination for pre-show dinners, date nights, and special gatherings. Its central location makes it one of the most convenient and highly sought-after restaurants near The Strand in Galveston.
What’s on the Menu at Rudy & Paco?
Food lovers searching for best seafood in Galveston, steakhouse Galveston, or top romantic restaurants Galveston will find everything they’re looking for at Rudy & Paco. The menu features:
🌮 Antojitos (Appetizers)
Start with flavorful options like:
-
Fresh Gulf Coast ceviche marinated with citrus and spices
-
Handcrafted crab cakes served with chipotle cream sauce
-
Calamari sautéed with caramelized onions and peppers
🐟 Mariscos (Seafood)
Galveston is known for its fresh seafood, and Rudy & Paco doesn’t disappoint:
-
Gulf red snapper grilled to perfection with Creole sauces
-
Jumbo shrimp sautéed in garlic butter or Caribbean-style flavors
-
Grilled salmon with mango-habanero glaze
🥩 Carne (Steaks)
For steak lovers seeking the best in Galveston:
-
USDA Prime filet mignon, expertly broiled
-
Ribeye and New York strip with Latin-inspired sauces
-
Surf-and-turf options that combine the best of land and sea
Every dish is crafted with care and elevated with bold, vibrant flavors inspired by the owners’ heritage and passion for Latin American cuisine.
Sophisticated Ambiance with an Island Touch
Rudy & Paco is the definition of elegance. The dining room offers warm lighting, polished wood finishes, and an inviting atmosphere that makes you forget you’re steps from the beach. The service is top-notch, and attention to detail is evident in everything from presentation to timing.
To maintain the refined atmosphere, the restaurant has a dinner dress code. Men must wear collared shirts and no shorts or hats are allowed. It’s all part of what makes this one of the best romantic restaurants in Galveston for anniversaries, proposals, or intimate celebrations.
Why Rudy & Paco Tops the List of Best Galveston Restaurants
When people search for:
-
“Where to eat in Galveston”
-
“Galveston seafood restaurants”
-
“Upscale dining in Galveston”
-
“Steakhouses near me in Galveston”
—Rudy & Paco is often the answer. The consistent quality of food, service, and atmosphere keeps locals and visitors coming back again and again. Reservations are highly recommended, especially for dinner and weekends.
Make Galveston Your Home with the Red Hawk Property Team
Love the Galveston lifestyle? The Red Hawk Property Team powered by JLA Realty is here to help you make it your home. With experienced real estate professionals serving Galveston and surrounding coastal areas, we help clients buy and sell with confidence. Whether you’re dreaming of a beachfront retreat, an investment property, or a forever home on the island, our team is ready to guide you every step of the way.
Final Thoughts
Rudy & Paco isn’t just a restaurant—it’s a Galveston institution. From its award-winning cuisine to its sophisticated setting, it’s a must-visit for food lovers exploring best restaurants in Galveston TX. Whether you’re a longtime resident or planning a move to the island, experiencing Rudy & Paco is one of the best ways to taste the soul of Galveston.
Ready to explore Galveston real estate or want recommendations on living the coastal lifestyle? Contact the Red Hawk Property Team powered by JLA Realty today.
Exceptional Multi-Family Investment Opportunity in Galveston – Just Blocks from the Beach!
Beachside 4-Plex Investment Opportunity in Galveston, TX – Just Steps from the Gulf and Now Offered at $650,000
Now Offered at $650,000! (Originally $700,000) 1623 Avenue N 1/2, Galveston, TX 77550
If you’ve been looking for the perfect investment property in Galveston, Texas, this is it! This charming 4-plex, just a block and a half from the beach and the Gulf of Mexico, offers incredible income potential in one of Texas’ most sought-after coastal locations. Whether you’re an experienced investor or looking to start your portfolio, this well-maintained property presents a rare chance to own a piece of Galveston Island and capitalize on its growing real estate market. View additional photos and details here. (Owner is a licensed agent.)
Property Overview
- Four-unit multi-family property with diverse rental income opportunities
- Front two-story house divided into three units:
- Spacious 2-bed, 1.5-bath unit upstairs
- Two efficiency (studio) units downstairs
- Garage apartment (1-bed, 1-bath) built above the one-car garage
- Large storage space available for owner use
- Recent upgrades include:
- New roof (2020)
- All siding replaced with durable Hardie plank
- Multiple interior unit upgrades
Prime Beachside Location
Situated just minutes from Galveston’s top attractions, shopping, dining, and entertainment, this property offers the best of island living. Tenants will love being within walking distance of the sandy shores of the Gulf of Mexico, with everything they need just moments away.
- The Strand Historic District – A vibrant shopping and dining hub with boutiques, galleries, and nightlife.
- Pleasure Pier – One of Galveston’s most famous attractions, featuring amusement rides, restaurants, and entertainment over the water.
- Hotel Galvez & Murdoch’s – Iconic beachfront destinations where visitors and locals enjoy stunning ocean views and historic charm.
- Moody Gardens & Schlitterbahn Waterpark – Premier family-friendly attractions perfect for year-round entertainment.
- UTMB (University of Texas Medical Branch) – A major employer and economic driver, making this property ideal for long-term tenants.
- Galveston Cruise Terminals – With recent expansions bringing even more visitors and economic growth to the island.
Why Invest in Galveston Real Estate?
Galveston Island continues to be a hot spot for real estate investment, with demand for both long-term and short-term rental properties increasing. Here’s why investing in Galveston makes financial sense:
- Tourism-Driven Economy: With over 7 million annual visitors, rental demand remains strong year-round.
- Growing Cruise Industry: The Galveston Wharves Expansion Plan is increasing the island’s capacity for cruise passengers, bringing more tourism and economic opportunities.
- Limited Land Supply: As an island, real estate is finite—ensuring long-term appreciation.
- Affordable Compared to Other Beachfront Markets: Galveston remains a more affordable option compared to other coastal cities, making it an ideal investment for long-term wealth-building.
A Turnkey Investment – Ready to Show!
This low-maintenance, high-potential property is perfect for investors looking for immediate rental income. One unit is currently vacant and available for showings by appointment, while tenant-occupied units will be shown upon an accepted offer. Don’t miss out on this incredible opportunity!
📞 Contact Tim Larson with KW Commercial, brokered by KW Houston Memorial, for more information and to schedule a private tour!
Own a piece of Galveston’s booming real estate market and start generating passive income today! Act fast—this property won’t last long at the new pricing!
Moving to Galveston, TX: The Ultimate Guide from Top REALTORS® at Red Hawk Property Team
Why Move to Galveston, TX?
Beautiful Coastal Living & Ideal Climate
Galveston offers stunning beaches, a warm subtropical climate, and an island lifestyle that’s perfect for year-round outdoor activities. Located just 45 minutes from Houston, Galveston provides easy access to big-city amenities while maintaining its small-town coastal charm.
Thriving Job Market & Economic Opportunities
- Tourism & Hospitality: The island attracts over 7 million visitors annually.
- Medical & Healthcare: UTMB Health (University of Texas Medical Branch) is the largest employer in the area.
- Port of Galveston: A major hub for trade, cruise lines, and maritime jobs.
Laid-Back, Historic Community
- Rich Victorian architecture and historic districts.
- Festivals like Mardi Gras! Galveston and Dickens on The Strand.
- An easygoing lifestyle centered around fishing, boating, and the arts.
Cost of Living in Galveston, TX
Housing Costs
- Median home price: $325,000 (subject to change; check local listings).
- Rental prices: $1,500 – $2,500/month for apartments and condos.
- Luxury waterfront properties: Range from $500,000 to $2M+.
Property Taxes & Insurance
- Property tax rate: ~2.2% (varies by location).
- Flood and windstorm insurance is required for most homes.
Daily Living Expenses
- Groceries and utilities are comparable to Houston but slightly higher for imported goods.
Best Neighborhoods in Galveston, TX
For Families:
- Pirates Beach – Quiet, safe, and close to good schools.
- Evangeline Beach – Great parks and a family-friendly community.
- Laffite’s Cove – Gated waterfront community with boat docks.
For Young Professionals & Retirees:
- Historic Downtown – Walkable, near restaurants and entertainment.
- Beachtown – Upscale resort-style community.
For Investors & Vacation Home Buyers:
- Jamaica Beach – High demand for short-term rentals.
- Sea Isle – Perfect for Airbnb investment properties.
Schools & Education in Galveston, TX
Public Schools (Galveston Independent School District – GISD)
- Parker Elementary – Highly rated elementary option.
- Austin Middle School – STEM and magnet programs.
- Ball High School – College prep and vocational training.
Private & Charter Schools
- Trinity Episcopal School (PreK-8th grade, private Christian education).
- O’Connell College Preparatory School (Catholic high school).
Higher Education
- University of Texas Medical Branch (UTMB) – Top-ranked medical school.
- Galveston College – Affordable community college programs.
Things to Do in Galveston, TX
Beaches & Outdoor Activities
- Stewart Beach and East Beach – Family-friendly spots.
- Galveston Island State Park – Camping, fishing, hiking.
- Water Activities – Boating, surfing, paddleboarding, deep-sea fishing.
Attractions & Historic Landmarks
- Moody Gardens – Aquarium, Rainforest Pyramid, 3D Theater.
- Pleasure Pier – Amusement park on the water.
- The Strand Historic District – Shopping, dining, and events.
Dining & Nightlife
- Gaido’s Seafood Restaurant – Local seafood institution since 1911.
- Katie’s Seafood House – Dock-to-table seafood.
- Breweries & Live Music Venues – Galveston Island Brewing, Old Cellar Bar.
Pros & Cons of Living in Galveston, TX
Pros:
- Affordable coastal living compared to other U.S. beach towns.
- No state income tax in Texas.
- Rich history and strong community feel.
- Active outdoor lifestyle.
Cons:
- Higher flood and hurricane risk.
- Seasonal tourist traffic can be busy.
- Fewer retail options compared to Houston.
Real Estate Market Trends in Galveston, TX
- Waterfront homes are in high demand due to Airbnb and VRBO investments.
- New construction communities are emerging along the West End.
- Median home price appreciation: ~6% YoY (subject to market changes).
Best Time to Buy or Sell in Galveston
- Winter months (December-February) see lower competition and better deals.
- Spring and summer attract vacation home buyers and investors.
Moving to Galveston: Checklist & Final Steps
- Find a trusted REALTOR® (Red Hawk Property Team).
- Decide whether to rent or buy.
- Secure flood and windstorm insurance.
- Set up utilities and services (water, power, internet).
- Register for schools and local amenities.
- Explore the community and lifestyle.
Work with the Best REALTORS® in Galveston, TX
Moving to Galveston is an exciting opportunity, and having the right real estate expert by your side can make all the difference.
Why Choose Red Hawk Property Team?
- Decades of combined real estate experience.
- Local market expertise in Galveston and surrounding areas.
- Personalized guidance for buyers, sellers, and investors.
- Proven track record of successful transactions.
Schedule a Free Consultation Today! Call [Your Contact Info] or Visit [Your Website]
Final Thoughts
If you’re considering moving to Galveston, TX, let our expert team at Red Hawk Property Team powered by JLA Realty guide you through the process. Whether you’re looking for a permanent home, a vacation getaway, or an investment property, we’re here to help!
Have questions? Drop a comment below or contact us today to start your Galveston home search!