5103 Avenue O, Galveston, TX, 77551
About This Home
“Cozy Corner 8” presents a rare opportunity to acquire a fully renovated, income-producing 8-unit multi-family property in the heart of Galveston, TX. Each unit offers a +/- 594sf one-bedroom, one-bath layout equipped with two window A/C units for tenant comfort. The property includes private rear yard access, off-street parking, and mature landscaping, all contributing to tenant satisfaction and retention. Currently operating as a mix of short-term Airbnb rentals and long-term leases, the building provides investors with both immediate cash flow and flexibility to optimize returns. Four units are fully furnished, and two are actively listed on Airbnb, while additional demand is captured through Furnished Finder, catering specifically to UTMB interns and medical professionals. Professional property management is already in place, with rigorous credit, background, and income verification ensuring a reliable tenant base.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1978
Materials
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Laminate,Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 4,752
- Total interior livable area: 4,752 sqft
Property
Details
- Parcel number: 296500910010001
Features
- Stories: 2
Lot
- Lot size: 6,956 sqft
- Features: Corner Lot,0 Up To 1/4 Acre
Parking
- Parking features: Paved,One Parking Unit
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
- Coastal Flooding
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,056 | $60,672 |
| Home Insurance * | $399 | $4,788 |
| Property Taxes | $1,391 | $16,692 |
| Electricity | $521 | $6,261 |
| Total | $7,367 | $88,404 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-02 | Listed for sale | $1,000,000 |
| 2021-03-04 | Listing removed | -- |
| 2021-02-27 | Pending sale | $576,000 |
| 2021-01-26 | Listed for sale | $576,000 |
| 2020-12-14 | Listing removed | $795 |
| 2020-12-05 | Listed for rent | $795 |
| 2020-07-25 | Listing removed | $610,000 |
| 2020-02-25 | Price change | $610,000 |
| 2020-02-09 | Pending sale | $544,000 |
| 2020-01-23 | Price change | $544,000 |
| 2019-12-03 | Listed for sale | $589,000 |
| 2019-11-20 | Pending sale | $589,000 |
| 2019-11-15 | Listed for sale | $589,000 |
| 2019-07-10 | Listing removed | $895 |
| 2019-03-12 | Listed for rent | $895 |
| 2019-01-10 | Listing removed | $469,900 |
| 2018-10-28 | Pending sale | $469,900 |
| 2018-10-03 | Listed for sale | $469,900 |
| 2014-05-23 | Listing removed | $163,000 |
| 2014-05-20 | Price change | $163,000 |
| 2014-03-08 | Price change | $189,900 |
| 2014-02-14 | Price change | $200,000 |
| 2014-01-31 | Listed for sale | $225,000 |
| 2011-08-25 | Listing removed | $280,000 |
| 2011-06-23 | Listed for sale | $280,000 |
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