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Rental property for sale in Galveston, TX

Check our updated investment properties for sale in Galveston, TX. 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, TX.

Rental property for sale in Galveston
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Short Term Rental

Galveston 7-Condo STR Deal w/ Seller Financing $1.05M

3506 Cove View Blvd, Galveston

Purchase Price:$1,050,000

Cashflow:$2,709/mo

Cap Rate:8.26%

Short Term Rental

Houston (Galveston) POTENTIAL AIRBNB DEAL – $990k

1101 Moody Ave, Galveston

Purchase Price:$990,000

Cashflow:$2,507/mo

Cap Rate:8.43%

Short Term Rental

Galveston Distressed Builder Sale – $470k

3819 El Lago St, Galveston

Purchase Price:$470,000

Cashflow:$26/mo

Cap Rate:5.33%

Short Term Rental

Galveston Short Term Rental w/ Proven Revenue – $650k

3207 Avenue M 1/2, Galveston

Purchase Price:$650,000

Cashflow:$1,493/mo

Cap Rate:8.15%

Short Term Rental

Galveston Off-Market Short Term Rental – $1.2M

116 Starfish St, Surfside Beach

Purchase Price:$1,200,000

Cashflow:$4,990/mo

Cap Rate:10.77%

Short Term Rental

Galveston Short Term Rental $430k

3610 Niko Ct, Galveston

Purchase Price:$430,000

Cashflow:$176/mo

Cap Rate:6.33%

Short Term Rental

Galveston Short Term Rental Portfolio $430k (each)

3614 & 3618 Niko Ct, Galveston

Purchase Price:$430,000

Cashflow:$176/mo

Cap Rate:6.33%

Short Term Rental

Galveston Short Term Rental Portfolio $430k (each)

3626 Niko Ct, Galveston

Purchase Price:$430,000

Cashflow:$176/mo

Cap Rate:6.33%

Long Term Rental

Galveston Triplex $575k

5315 Avenue R, Galveston

Purchase Price:$575,000

Cashflow:$1,230/mo

Cap Rate:8.56%

Long Term Rental

Galveston 10-Plex $850k

1927 Avenue M, Galveston

Purchase Price:$850,000

Cashflow:$970/mo

Cap Rate:7.36%

Short Term Rental

Galveston Off-Market Short Term Rental $1.3M

116 Starfish St, Surfside Beach

Purchase Price:$1,175,000

Cashflow:$7,603/mo

Cap Rate:13.99%

Long Term Rental

Triplex Exceeding the 1% Rule in Galveston $400k

5311 Perry Ave, Galveston

Purchase Price:$400,000

Cashflow:$784/mo

Cap Rate:10.29%

Short Term Rental

Active Waterfront STR Grossing $90k+

21922 Lampasas Dr, Galveston

Purchase Price:$485,000

Cashflow:$2,030/mo

Cap Rate:10.94%

My Crucial Tip To Purchase Investment Properties In Galveston, TX.

My Crucial Tip to Rental property for sale in Galveston

If you are looking for rental properties for sale in Galveston, understand that some of the key metrics are rapid appreciation of residential property prices, and rent-to-price ratios are fairly strong as well. Even on recently-built single-family rentals, there are some good prospects. Essentially, you don’t have to look far to find opportunities for rental properties for sale, but it takes a discerning eye to spot those with the best prospects for investors. If you are looking to expand your rental portfolio, you could find luck with both short- and long-term rentals here. There is a huge market for renter-occupied properties in Galveston - as many as 54% of properties are renter occupied in the local housing market. With such high demand, we have seen rent appreciate along with property values quite consistently over the last few years. 3-4 bedroom units and short-term rentals are particularly popular among prospective tenants in this growing area, suggesting a demand for families and also for tourists in the area.

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 Rental property for sale in Galveston?
We are thrilled that you are here! If you are exploring the possibility of investing in Rental property 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 Rental property 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 Rental property 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 Rental property 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 Rental property 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 Rental property for sale in Galveston?
Absolutely! We are happy to help clients who wish to purchase Rental property 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 Rental property 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 Rental property 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 Rental property for sale in Galveston with a management strategy that supports your income goals.
I Am an Out-of-State Investor. Can I Still Buy Rental property 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 Rental property 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 Rental property 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 Rental property 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 Rental property for sale in Galveston by Owner?
We are very experienced at tracking down Rental property 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 Rental property for sale in Galveston?
The cheapest Rental property 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?