For sale

$549,000

5315 Avenue R, Galveston, TX 77551

3beds

2,903sqft

Est.:

Triplex

Built in 1960

-- sqft lot

$508,700 Zestimate^®

$189/sqft

$-- HOA

What's special

Stainless-steel appliancesQuartz countertopsDesigner bathrooms

Fully remodeled in 2021, this triplex is a turnkey investment opportunity with strong rental appeal. The front duplex features two 2-bedroom, 2-bath units, each 1,002 sq ft, while the rear detached unit offers 3 bedrooms and 2 baths across 899 sq ft. All units are equipped with stainless-steel appliances, quartz countertops, in-unit washer/dryers, and designer bathrooms — ensuring durability, tenant satisfaction, and reduced maintenance costs. With all units currently occupied, investors benefit from immediate cash flow and long-term appreciation potential.

121 days

101

5

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Cooling

Ceiling Fan(s), Gas

Appliances

Included: Range, Disposal, Microwave, Dishwasher, Refrigerator
Laundry: Washer/Dryer Connections

Features

Flooring: Vinyl
Windows: Window Coverings

Interior area

Total structure area: 2,903
Total interior livable area: 2,903 sqft

Property

Parking

Parking features: Paved

Features

Stories: 1
Patio & porch: Patio

Lot

Size: 4,800.31 Square Feet

Details

Parcel number: 296501570007000

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Roof: Composition

Condition

New construction: No
Year built: 1960

Community & HOA

Community

Subdivision: Denver Resurvey

Location

Region: Galveston

Financial & listing details

Price per square foot: $189/sqft
Tax assessed value: $302,680
Annual tax amount: $5,238
Date on market: 12/9/2025
Listing terms: Cash,Conventional,FHA
Lease term: 1 Year

Estimated market value

$508,700

$483,000 - $534,000

$1,810/mo

Price history

Date	Event	Price
12/9/2025	Price change	$549,000-4.5%$189/sqft
Source: HAR #7579783 Report a problem
3/14/2025	Price change	$575,000-3.4%$198/sqft
Source: HAR #53050881 Report a problem
1/10/2025	Listed for sale	$595,000+158.7%$205/sqft
Source: HAR #53050881 Report a problem
1/14/2021	Listing removed	--
Source: HAR Report a problem
12/17/2020	Pending sale	$230,000$79/sqft
Source: UTR TEXAS, REALTORS #34722860 Report a problem
11/25/2020	Listed for sale	$230,000-8%$79/sqft
Source: UTR TEXAS, REALTORS #34722860 Report a problem
6/1/2020	Listing removed	$250,000$86/sqft
Source: UTR TEXAS, REALTORS #40804036 Report a problem
11/12/2019	Price change	$250,000+5%$86/sqft
Source: UTR TEXAS, REALTORS #40804036 Report a problem
10/29/2019	Listed for sale	$238,000+64.1%$82/sqft
Source: UTR TEXAS, REALTORS #40804036 Report a problem
4/13/2013	Listing removed	$145,000$50/sqft
Source: Better Homes and Gardens Real Estate Gary Greene #62551043 Report a problem
5/31/2012	Listed for sale	$145,000-3.3%$50/sqft
Source: Prudential Gary Greene, Realtors #62551043 Report a problem
3/2/2012	Listing removed	$150,000$52/sqft
Source: Prudential Gary Greene, Realtors #43884514 Report a problem
2/19/2011	Listed for sale	$150,000+30.4%$52/sqft
Source: Prudential Gary Greene, Realtors #43884514 Report a problem
5/19/2008	Listing removed	$115,000$40/sqft
Source: Homes & Land #6411254 Report a problem
4/26/2008	Listed for sale	$115,000$40/sqft
Source: Homes & Land #6411254 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,203 +2.5%	$302,680 +3.2%
2024	$5,077 +1.4%	$293,340 +2.4%
2023	$5,007 +20.3%	$286,480 +38.7%
2022	$4,163 -2.4%	$206,500 -27.2%
2021	$4,267 +7.8%	$283,660 +62.1%
2020	$3,958 +11.2%	$174,980 +22.2%
2019	$3,560 -1.2%	$143,180 -0.8%
2018	$3,602	$144,370 -0.8%
2017	$3,602 +26%	$145,550 +24.5%
2016	$2,858 +71%	$116,900 +73.1%
2015	$1,672 -1.3%	$67,550
2014	$1,694	$67,550
2013	--	$67,550
2012	--	$67,550
2011	--	$67,550
2010	--	$67,550 -0.1%
2009	--	$67,640 -43.5%
2008	--	$119,720
2007	--	$119,720
2006	--	$119,720 +15.6%
2005	--	$103,590 +14.7%
2004	--	$90,300
2003	--	$90,300 +21.4%
2001	--	$74,370