View All Galveston TX BRRRR Homes Listings

$1,500,000
2 Beds ⋅ 1 Baths ⋅ 93005246 MLS ⋅ ACTIVE Status
PRIME INVESTMENT OPPORTUNITY! Portfolio sale featuring 7 well-maintained, single-family rental homes—5 currently tenant-occupied and producing immediate rental income. Package features fully fenced properties, central A/C, recently painted interiors/exteriors, updated roofs, and 3 units with garages. Every home offers a functional 2BD/1BA floor plan. Massive value-add potential: 3706 Ave O includes an adjacent lot with potential to build an additional income-producing unit. Centrally located near the beach, dining, and retail. Contact agent for property details and private tour.

3712 Ave O, Galveston
$529,000
3 Beds ⋅ 3 Baths ⋅ 2000652 MLS ⋅ ACTIVE Status
Escape to your private Indian Beach sanctuary! This 2022-built coastal house sits on a massive 21,000+ SQFT lot with no rear neighbors, offering unmatched privacy and peaceful bay breezes. Inside, the light-filled 3-bedroom layout features a gourmet kitchen with quartz countertops, stainless appliances, and a farmhouse sink, all tied together by seamless waterproof flooring. Dual spacious balconies invite you to unwind and soak in the ultimate turnkey beach lifestyle. Beyond a perfect personal retreat, this property is a premier investment asset. Located in a highly desirable Galveston community where short-term rentals are fully permitted, it offers incredible income potential. The expansive acreage provides a rare opportunity for future value-add appreciation or outdoor amenities. Whether you seek a luxurious multi-generational family haven or a high-yielding vacation rental, this coastal treasure delivers on every front.

18103 Shaman Dr, Galveston
$999,900
5 Beds ⋅ 5 Baths ⋅ 56008413 MLS ⋅ ACTIVE Status
Drive-by only. Exceptional opportunity to acquire a high-yield mixed-use investment property in Galveston, Texas. This diversified asset includes seven residential units, and four commercial storefronts with a strong history of long-term tenancy. The property producing income with a pro forma cap rate of about 10%. Even with conservative underwriting including vacancy and repair reserves, the asset performs near a 9% cap rate, making it attractive to both cash-flow investors and leveraged buyers. Multiple income streams provide strong stability, while value-add potential exists through rent optimization & continued property improvements. Several commercial tenants have been in place since 2010, reflecting strong location fundamentals and tenant retention. Rare opportunity to acquire a high-performing coastal Texas mixed-use asset with immediate income and long-term upside.

1915 45th St, Galveston
$180,000
1 Baths ⋅ 98114245 MLS ⋅ ACTIVE Status
This is a Minimum Service Listing, please call your agent for details. Coastal Multi-Family Value-Add — Rare Galveston BRRRR & STR Investor Special. This off-market style duplex opportunity is a premier distressed asset play for BRRRR buyers, rental portfolio builders, and fix-and-flip specialists seeking a high-margin acquisition in Galveston’s established Carver Park neighborhood. The flexible, two-story ~1,700 sq ft footprint supports efficient structural, cosmetic, and mechanical updates to maximize ARV and drive forced appreciation. Located in an island submarket experiencing high demand for updated housing, scarcity of multi-family inventory, and robust rental appetite, this asset offers multiple exit strategies for the savvy contractor or out-of-state investor. Capitalize on premium long-term cash flow, or pivot to a furnished mid-term/short-term vacation rental structure just minutes from the Seawall, UTMB, and the tourism corridor.

511 43rd St, Galveston
$359,900
2 Beds ⋅ 2 Baths ⋅ 71229182 MLS ⋅ ACTIVE Status
Well-maintained duplex offering two separate units, ideal for investors or owner-occupants seeking rental income potential. Each unit features a functional layout with comfortable living spaces, efficient kitchens, and private entrances for added convenience. Located in a desirable area close to schools, shopping, dining, and major roadways, this property provides strong rental demand and long-term investment value. Whether you’re looking to live in one unit and rent the other or add to your investment portfolio, this duplex offers flexibility and opportunity.

2617 Ave L, Galveston
$2,300,000
2 Beds ⋅ 2 Baths ⋅ 15972576 MLS ⋅ ACTIVE Status
Located in Galveston's highly desirable East End, 525 11th Street presents a rare opportunity to acquire a fully occupied 10-unit townhome community just blocks from UTMB, Shriners Children's Hospital, downtown Galveston, and the beach. The property consists of ten 2-bedroom, 1.5-bath townhome-style units featuring private entrances, spacious living areas, functional layouts, and outdoor patio spaces designed for long-term tenant appeal. Recent improvements include renovated units with upgraded kitchens, modern cabinetry, stone countertops, updated flooring, refreshed bathrooms, and improved systems. Residents enjoy covered parking, gated access, landscaped common areas, and on-site laundry facilities. Situated on a corner lot with approximately 9,600 square feet of improvements, this investment offers immediate cash flow, strong occupancy history, and value-add potential through continued unit enhancements and future rental growth.

525 11th St, Galveston
$359,000
4 Beds ⋅ 2 Baths ⋅ 13427939 MLS ⋅ PENDING Status
Charming 4-bedroom, 2-bath brick home in the highly sought-after Harve Laffite neighborhood, ready for your personal touch. This spacious layout features two living areas, with patio door access and views of the shaded backyard—perfect for relaxing or entertaining. The home includes a private, fenced driveway on the west side leading to a large two-car garage, providing both convenience and added privacy. Ideally located near Lake Madeline, Moody Gardens, and the Seawall, you’ll enjoy easy access to some of the area’s best attractions. Whether you're looking for a full-time residence or an investment opportunity, this property offers great potential to customize and add value in a prime location. Seller does not have a survey.

7721 Beluche Dr, Galveston
$1,499,956
5 Beds ⋅ 6 Baths ⋅ 4415610 MLS ⋅ ACTIVE Status
Step into luxury coastal living in this tastefully decorated beach home designed for comfort, elegance, and impressive income potential. Featuring 5 spacious master bedrooms and 5.5 beautifully appointed bathrooms. The heart of the home is a spacious, modern kitchen with quartz countertops, upgraded stainless steel appliances, and an open layout perfect for entertaining. Ideal as a high-income rental or a forever home Whether you're looking for a turnkey income-generating property or your dream coastal residence, this beach house delivers style, comfort, and value in every detail. Inquire today to schedule a private showing and experience this beautiful beach front home

23327 Termini San Luis Pass Rd, Galveston
$500,000
2 Beds ⋅ 1 Baths ⋅ 6283030 MLS ⋅ ACTIVE Status
Value-add mixed-use opportunity located on Broadway with strong visibility and access. Property offers a combination of residential and commercial space, ideal for those looking to operate a business while living on-site or generating rental income. Updated residential areas feature modern finishes, while the ground-level commercial space is currently in shell condition, allowing for future build-out. Front and rear access provide added convenience. This property presents flexibility for investors or owner-users seeking multiple use options. Property is not legally subdivided. Buyer to verify all measurements, zoning, permitted uses, and any short-term rental or commercial restrictions. Information deemed reliable but not guaranteed. text me

4609 Broadway St Unit 3, Galveston
$485,000
3 Beds ⋅ 3 Baths ⋅ 22126467 MLS ⋅ ACTIVE Status
Discover the unmatched views of Galveston Bay in this stunning, newly listed home offering panoramic 360° water views. 2024 ROOF REPLACEMENT, HVAC REPLACED 2023. Walking distance to 2 marinas! No HOA makes it an ideal choice for Short Term Rentals. Revel in the convenience of an interior elevator, connecting all 3 levels. Ground level features 2 rooms for office, guest bedrooms, or storage. 2nd LEVEL features 3 spacious bedrooms & 2 bathrooms. 3rd LEVEL is a wide open kitchen, living room, & half bathroom with sweeping views of Galveston Bay! Large balconies on both 2nd & 3rd levels! Additionally, large fenced backyard, and an extra-wide driveway. Plentiful storage. Positioned in this hidden neighborhood witnessing a surge in value, this home is a smart investment. Conveniently located at the first exit off the causeway, ensuring easy island access. This remarkable gem promises both luxurious living and lucrative rental possibilities. Don't miss this unique Galveston opportunity!

9605 Teichman Rd, Galveston
$199,000
2 Beds ⋅ 1 Baths ⋅ 44037113 MLS ⋅ ACTIVE Status
Welcome to 4921 Alamo Drive, a charming 2-bedroom, 1-bath home offering flexibility and potential. Currently tenant-occupied, this property presents an excellent opportunity for investors looking to increase rents, explore short-term rental potential, or secure a future personal getaway on the island. With a cozy layout and classic Craftsman appeal, this home is a blank canvas ready for your vision. Whether you’re seeking a steady rental, a vacation retreat, or a value-add investment, this property delivers options in a desirable Galveston location. Don’t miss the chance to make this versatile property your own.

4921 Alamo Dr, Galveston
$1,105,000
2 Beds ⋅ 1 Baths ⋅ 75347006 MLS ⋅ ACTIVE Status
Investor opportunity in the desirable West End of Galveston! This portfolio includes 7 income-producing condos at The Palms, just a short walk from the beach—an ideal location for both long-term and future rental potential. The offering consists of three 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one efficiency, providing a strong mix to appeal to a wide tenant base. The Palms community offers attractive amenities including a community pool and fitness center, enhancing tenant retention and demand. Currently, the portfolio features two month-to-month leases and five one-year leases, allowing for immediate cash flow with tenants who wish to remain long-term, while still offering flexibility for future plans. Whether you’re expanding your investment holdings or seeking a value-add opportunity near the beach, this portfolio delivers location, stability, and upside in one smart package.

3506 Cove View Blvd, Galveston
$155,000
2 Beds ⋅ 1 Baths ⋅ 54467989 MLS ⋅ PENDING Status
This home presents a prime investment opportunity. Offered as-is and priced below market value, this property is a blank canvas for the savvy investor looking to customize, renovate, or redevelop for maximum returns. Nestled in a dynamic area with convenient access to local amenities, and a thriving community, it provides a strategic location with significant potential for future appreciation. Ideal for those seeking to add value through renovations or redevelopment, this property invites you to seize a unique chance to enter the Galveston real estate market at an attractive price.

4314 Ave Q 1/2, Galveston
$224,900
92144568 MLS ⋅ ACTIVE Status
Four lots for development, lot value only, The old house has no value and the buyer would have to tear it down as the property is being sold "as is", perfect for 4 homes, townhomes, blocks from seawall and close to shopping! No survey

5928 Ave T 1/2, Galveston
Start Your Search

Galveston, TX · Curated MLS Search

BRRRR Homes in Galveston, TX

An editorially curated view of every active brrrr homes listing in Galveston, TX. Updated in real time from the local MLS, presented without the noise.

Browse Active Listings

Galveston, TX Market Snapshot

Inventory here shifts week to week. The listings on this page pull straight from the MLS, so what you see is what's actually for sale right now.

Next Steps in Galveston, TX

Speak with an Agent

Call (281) 729-5557

Local Galveston, TX expertise

Data Brief

Full Galveston, TX Market Report

Pricing trends & absorption

Browse Everything

All Galveston, TX Listings

Every active property

Direct Inquiry

Request a Callback

Reply from The Mandie McMillan Team
← Back to Galveston, TX Homes for Sale