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Image 1 - 5623 Avenue Q, Galveston, Texas, 77551 - House for sale
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Image 4 - 5623 Avenue Q, Galveston, Texas, 77551 - House for sale
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Home For Sale In Galveston, Texas
5623 Avenue Q, Galveston, Texas, 77551

Home For Sale In Galveston, Texas

house for sale
Listed: 06/01/24

5623 Avenue Q, Galveston, Texas, 77551

4 Bed:
2 Bath:
1,750 Sq Ft Living Area:
Save
Price
$ 495,000
Price:  Lower

About This House

Discover a fantastic investment opportunity with this fourplex located at 5623 Avenue Q in the heart of Galveston, TX. This property is perfect for investors looking to expand their portfolio with a solid, income-generating asset. Currently bringing in$3, 490in total monthly rent, this property promises consistent cash flow and an opportunity for you to live in one unit and rent out the other for an added tax advantage. Situated in a prime location, this property is just minutes away from Galvestons beautiful beaches, historic Strand District, and local amenities, making it highly attractive to potential renters. Galvestons thriving rental market ensures high occupancy rates and minimal vacancy periods. Dont miss out on this exceptional investment property that combines location, consistent rental income, and potential for future appreciation. Contact us today to schedule a viewing and explore the possibilities that 5623 Avenue Q has to offer.

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Galveston Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 4 bed houses for sale in/near Galveston, United States averaged $845,125, an increase of 6.3% from the previous month.
Median price trends for properties for sale in Galveston, United States as of June 2024.

Household Income

Median household income: $42,486
Number of households: 20,664
The average household income in Galveston, TX grew from $42,216 to $42,486 in the past year. This data is an estimate based upon 20,664 households in Galveston, TX.
The chart below presents how household income is distributed in Galveston, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Galveston, TX compared to median property taxes around the country. The prevalent amount of property taxes in Galveston, TX equals $3k+ , which is less than the national average.