5315 Avenue R, Galveston, TX, 77551
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Appliances included: Range,Disposal,Microwave,Dishwasher,Refrigerator
- Laundry features: Washer/Dryer Connections
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Window features: Window Coverings
- Flooring: Vinyl
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Ceiling Fan(s),Gas
Interior Area
- Total structure area: 2,903
- Total interior livable area: 2,903 sqft
Property
Details
- Parcel number: 296501570007000
Features
- Stories: 1
- Patio & porch: Patio
Lot
- Lot size: 4,800 sqft
Parking
- Parking features: Paved
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 | $2,674 | $32,088 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $732 | $8,784 |
| Electricity | $318 | $3,825 |
| Total | $3,935 | $47,220 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-02 | Price change | $529,000 |
| 2025-12-09 | Price change | $549,000 |
| 2025-03-14 | Price change | $575,000 |
| 2025-01-10 | Listed for sale | $595,000 |
| 2021-01-14 | Listing removed | -- |
| 2020-12-17 | Pending sale | $230,000 |
| 2020-11-25 | Listed for sale | $230,000 |
| 2020-06-01 | Listing removed | $250,000 |
| 2019-11-12 | Price change | $250,000 |
| 2019-10-29 | Listed for sale | $238,000 |
| 2013-04-13 | Listing removed | $145,000 |
| 2012-05-31 | Listed for sale | $145,000 |
| 2012-03-02 | Listing removed | $150,000 |
| 2011-02-19 | Listed for sale | $150,000 |
| 2008-05-19 | Listing removed | $115,000 |
| 2008-04-26 | Listed for sale | $115,000 |
View on Zillow