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$1,495,000

1502 - 1516 Market Street, Galveston, TX, 77550

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths6 Bath
Baths6,462 Sq Ft
price_per_sqft$231.35 / sqft
Year BuiltBuilt in 1868

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 6Bathrooms 6
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringTile, Wood, Hardwood

Exterior

Exterior FeaturesPrivate Entrance, Balcony

About this property

Perched on a prominent lot in Galveston’s historic district just blocks from the shoreline and downtown, George Manor offers a rare fusion of architectural history and modern hospitality on nearly half an acre at the corner of Market and 15th Streets. Extensively renovated in 2021 as an award-winning bed and breakfast, the property features a serene retreat just moments from Galveston’s best restaurants, art galleries, and coastal attractions. In total, the property includes 10 bedrooms, 9 full bathrooms, and 3 half baths - making it a standout investment, hospitality venue, or multi-use residence. This corner-lot compound is within easy reach of restaurants, galleries, and coastal attractions, while offering a serene retreat tucked behind its gates.

Investor Tools

$0Estimated Mortgage Balance
$1,495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

Interested in this property?

Austin Jones

Keller Williams Houston Central

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Galveston

1502 - 1516 Market Street | Property Details | No Agent List