Homes for Sale/Galveston County/Galveston/Galveston Townsite
Active MLS #74484509 · 132 days on market

516 Holiday Drive

Galveston, TX 77550
Subdivision  ·  Galveston Townsite
List Price
$2.50M
$197/SF · 11.1% below neighborhood median
Beds
3
Baths
2
Sq Ft
12,686
Built
1969
Lot
10,440 sf
County
Galveston
Tax Rate
1.36%

Schools

§ 03
District
Elementary GISD OPEN ENROLL N/R
Middle GISD OPEN ENROLL N/R
High BALL H S CCMR 75% · Grad 96% C
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

Rare 20-unit multifamily opportunity in Galveston! 516 Holiday Dr features a desirable mix of one 3-bedroom unit, three 2-bedroom units, and sixteen 1-bedroom apartments, offering flexibility for a wide range of tenant needs. This asset provides immediate scale, multiple income streams, and long-term upside in one of the Texas Gulf Coast’s most recognizable rental markets. Conveniently located near Galveston’s beaches, employment centers, dining, shopping, entertainment, and major thoroughfares, the property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a substantial multifamily asset in a high-demand coastal community. Buyer to independently verify all information, including unit count, rents, expenses, condition, zoning, and permitted uses.

Features

§ 02

Interior

  • Tile
  • Heat: Central
  • Heat: Electric
  • Cool: Central Air
  • Cool: Electric

Exterior & lot

  • Roof: Other
  • Paved

Community

Not provided

Property Details

§ 03 · Full MLS record

Property

Property Type Residential Income
Property Sub Type Multi Family
Year Built 1969
Year Built Source PublicRecords
New Construction No

Building

Stories 2
Levels Two
Living Area 12,686 sq ft
Living Area Source Appraiser
Building Area Total 12,686 sq ft
Construction Brick, Wood Siding
Roof Other

Rooms & Baths

Bedrooms 3
Bathrooms (total) 2
Bathrooms Full 2

Interior

Flooring Tile

Parking & Garage

Parking Features Paved

Lot

Lot Size (sq ft) 10,440
Lot Size Source Appraiser

Location

County Galveston
MLS Area Major 33
MLS Area Minor East End
Subdivision Galveston Townsite
Postal Code 77550

Utilities

Heating Central, Electric
Cooling Central Air, Electric

Taxes, Terms & Disclosures

Tax Annual Amount $33,892
Tax Year 2025
Tax Rate (est.) 1.36%
Parcel # 3505-0423-0013-000
Legal Description ABST 628 M B MENARD SUR LOTS 13 & 14 BLK 423 GALVESTON & ADJ
Disclosures Municipal Utility District Disclosure, Seller Disclosure

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$17,836
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$15,012 Property tax$2,824 Homeowners insuranceTBD
Subtotal (P&I + Tax) $17,836

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
202320242025
MUD
→ stable
School
0.84%
→ stable
City
0.41%
→ stable
County
0.32%
→ stable

HOA & Community

§ 05
● HOA details
ANNUAL
Association name Management co. Website Phone Cert on filepending
● Community amenities
police_station
Galveston County Sheriff · 0.0mi
Galveston County Sheriff · 0.2mi
Galveston County Sheriff's Office · 0.4mi
place_of_worship
Assumption Church · 0.0mi
Broadway Church · 0.1mi
First Church · 0.1mi
daycare
East End PreSchool · 0.1mi
East End PreSchool · 0.3mi
Moody Early Childhood Center · 0.2mi
restaurant
Domino's · 0.2mi
Mosquito Cafe · 0.2mi
Saltwater Grill · 0.2mi
gym
Urban HF - 24HR Access · 0.2mi
Healing House · 0.4mi
Healing House · 0.3mi
park
San Jacinto Park · 0.2mi
San Jacinto Park · 0.3mi
· 0.2mi

Broadband & Connectivity

§ 06
Broadband not mappedWe have not yet resolved FCC provider data for this block.

Environmental Risk

§ 08
A
FEMA Zone
Zone AE · Special Flood Hazard Area
1% annual chance of flooding (100-year floodplain). Flood insurance typically required.
PANEL 48167C BASE FLOOD ELEV. 11.0 FT SFHA YES SOURCE 48167C_STUDY1
🌡 Heat days >95°F
6 days/yr above 95°F
Plus 0 days above 100°F. NOAA station records, 2016-2025 average.
💨 30-day air quality
AQI 44 · Good
Average daily AQI for the 30 days ending 2026-02-28. EPA AQS county monitors. Higher = worse.
🌵 Drought (current)
D1 · Moderate
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
8 comparable sales nearby · sold median $222/SFAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Galveston Townsite
TIER: SUBDIVISION
Subdivision name (MLS)Galveston Townsite City · ZIPGalveston · 77550 CountyGalveston Listings in subdivision4,561 Active now248 Sold (last 12 mo)114 Curated amenities60
● Year-built distribution
1950s 4 1955s 43 1960s 31 1965s 16 1970s 18 1975s 2 1980s 2 2000s 1 2010s 5 2015s 1 2020s 9 2025s 7

Fire Protection

§ 11
Nearest station
Galveston Fire Department Station 2
Distance
0.1 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48167724200 · ACS 2023
Median HH income
$45,057
ACS 2023
Median home value
$259,300
Census self-report
Owner-occupied
32%
2,136 housing units
Bachelor's+
46%
Adults 25+
Median age
31.6
Population 3,383
Work from home
9%
of commuters
Commute 45min+
19%
of commuters
Below poverty
29.0%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
516 Holiday Drive, Galveston, TX 77550
Galveston County · 29.31°N, 94.77°W
police_station
Galveston County Sheriff
0.0 mi · 1 within 2 mi
place_of_worship
Assumption Church
0.0 mi · 10 within 2 mi
daycare
East End PreSchool
0.1 mi · 2 within 2 mi
restaurant
Domino's
0.2 mi · 5 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
May 15, 2026 Listed $2.50M Audrey Lunstedt
Dec 31, 1968 Built
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Audrey Lunstedt · Triumph Realty
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated May 31, 2026.
MLS# 74484509 · LIST DATE: May 15, 2026 · PARCEL: 3505-0423-0013-000
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 24, 2026, 8:10 AM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity