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Fixer upper homes for sale in Galveston, TX

Check our updated investment properties for sale in Galveston. The real estate deals have been wisely curated by our team for you to achieve a cashflow-positive property investment. Added, investment tips and performance data in Galveston.

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Long Term Rental

DFW Househacker Triplex Exceeding the 1% Rule $450k

1222 Kings Hwy, Dallas

Purchase Price:$450,000

Cashflow:$1,491/mo

Cap Rate:9.37%

Mid Term Rental

San Antonio Fully Occupied LTR Quadplex $475k

5818 Shadow Glen, San Antonio

Purchase Price:$475,000

Cashflow:$157/mo

Cap Rate:6.38%

Short Term Rental

Arlington SFR with Great Schools and Tenant Occupied $283k

5617 Wembley Downs Dr, Arlington

Purchase Price:$283,000

Cashflow:$93/mo

Cap Rate:6.23%

Long Term Rental

North Dallas Househack Duplex $650k

3408 Lillie St, Sachse

Purchase Price:$650,000

Cashflow:$143/mo

Cap Rate:5.72%

Long Term Rental

Houston Single Family LTR $250k

3106 Hollow Creek Ct, Houston

Purchase Price:$250,000

Cashflow:$67/mo

Cap Rate:5.70%

Rent By The Room

DFW Rent By Room Deal $430k

1040 Lakeview Ct, Little Elm

Purchase Price:$430,000

Cashflow:$1,001/mo

Cap Rate:8.48%

My Crucial Tip To Purchase Investment Properties In Galveston.

My Crucial Tip to Fixer upper homes for sale in Galveston

Galveston is a unique market for investors targeting fixer upper homes for sale because barrier-island setting supports tourism demand alongside year-round local housing needs. Many homes in Galveston feature historic character, traditional layouts, and exterior materials that require thoughtful maintenance. Investors often target cosmetic rehabs, kitchen and bath updates, and resilient finishes that perform well in coastal conditions. Neighborhood selection matters, especially when you balance charm, access to the beach, and practical commute routes. Because the island has limited land, renovated homes can command a premium when finishes, systems, and drainage are handled well. Risk management is part of the Galveston play, so you should evaluate flood zones, floodplain permitting, and windstorm coverage considerations before you commit to a budget. When you underwrite correctly, well-executed renovations can unlock strong rental premiums and resale demand, especially for buyers who want a turnkey coastal lifestyle. Before finalizing a deal, investors should also review recent comparable sales and expected holding periods to validate pricing assumptions. Renovation costs, insurance premiums, and resale timelines can materially affect returns, so conservative projections help reduce downside risk. For investors who plan carefully, fixer upper homes for sale in Galveston can offer high-upside value-add projects with multiple exit options.

Galveston Investment performance and average price

Avg Purchase Price Avg Cap Rate Avg Cash on Cash Return Avg Cash Needed to close
Commercial 5+ units LTR $150k per door +/- $50k 7-8% 4-5% $40k per door
Short Term Rental (SFH) $550k 12% 10% 120k
STR (2-4 Units) $200k per door 14% 10-11% $55k per door
Long Term Rental (2-4 Units) 300-400k 5%-7% 2% - 4% 98k
Long Term Rental (SFH) 300k - 350k 2% - 4% 2% - 3% $71,500
Househack (2-4 Units) 150k - 175k per door 3-5% 0% $12,500 per door
Househack (SFH) 325k - 400k 2-4% 0% $18,750

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Frequently asked questions

I Am Ready to Invest. What Should Be My Next Step Toward Buying Fixer upper homes for sale in Galveston?
We are thrilled that you are here! If you are exploring the possibility of investing in Fixer upper homes for sale in Galveston, our team is waiting to hear from you. During your introductory consultation, we will chat about your goals, try to pin down your search criteria, and answer any questions you might have. We can also recommend our preferred lenders to begin the pre-approval process and get you ready to submit offers based on our findings in the local real estate market.
Do You Personally Invest in Fixer upper homes for sale in Galveston and Other Markets?
Yes. Every member of our team is an active real estate investor. Victor acquires multiple properties annually, including Fixer upper homes for sale in Galveston, with a portfolio that includes single-family homes, multi-family properties, and more. The strategies we recommend are the exact ones that we personally use.
How Many Clients Do You Work With Who Are Interested in Fixer upper homes for sale in Galveston?
Currently, we keep our Active Investor list limited to 30 clients at a time. This way, we can ensure we can offer equal attention and a personalized experience for all. If you are working with us to seek Fixer upper homes for sale in Galveston, we will review your file daily and deliver curated prospects aligned with your goals. We only work with engaged clients and aim for consistent communication.
Do You Work With Investors Looking for 5+ Units Fixer upper homes for sale in Galveston?
Absolutely! We are happy to help clients who wish to purchase Fixer upper homes for sale in Galveston that include 5+ unit multifamily buildings. However, we consider 2-4 units to be the gold standard for such endeavors. Cap rates have improved for these larger assets as interest rates have increased, so there are strong acquisition opportunities at present.
Is It Still Possible to Find Cash-Flowing Fixer upper homes for sale in Galveston?
Yes, but it is crucial to adapt the strategy to the local market. This is where we come in, as we have a strong first-hand knowledge of local markets when exploring Fixer upper homes for sale in Galveston. Let us do the work in comparing traditional long-term rentals versus short- or medium-term strategies to find the perfect approach in this location. We will align your acquisition of Fixer upper homes for sale in Galveston with a management strategy that supports your income goals.
I Am an Out-of-State Investor. Can I Still Buy Fixer upper homes for sale in Galveston?
Of course! In fact, many of our clients are based outside of Texas. We have honed an efficient system to support out-of-state investors with things like remote video walkthroughs, electronic document signing, and mobile notary services. We make it easy to purchase Fixer upper homes for sale in Galveston with confidence from anywhere in the country with no need to travel.
How Many People Are on Your Team, and Will I Work With You Directly When Searching for Fixer upper homes for sale in Galveston?
Our team consists of seven full-time professionals, including four investor-focused agents, a real estate analyst, and a closing coordinator. We are also supported by a professional network of trusted contractors and others who are crucial to the process, assisting with legal and tax consultancy, recommendations for improvements, and more. If you are pursuing Fixer upper homes for sale in Galveston, you will work directly with Victor in the initial stages, but the full team will be at your disposal.
Are There Fixer upper homes for sale in Galveston by Owner?
We are very experienced at tracking down Fixer upper homes for sale in Galveston that are listed directly by the owners. These types of listing can occasionally offer unique opportunities, but you will need our help to perform due diligence and full legal compliance. Let us help you evaluate these opportunities to ensure they align with your investment goals.
Where Can I Find Cheap Fixer upper homes for sale in Galveston?
The cheapest Fixer upper homes for sale in Galveston are usually found in emerging neighborhoods, older subdivisions, or through off-market deals. These properties may require some light renovation, but they often present opportunities for robust long-term cash flow. Work with our team to identify undervalued assets that match your budget and offer strong returns.
Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?

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Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?

Schedule a call
Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?