3705 Winnie, Houston, Texas 77550
$750,000
0 Beds
7 Full Baths
Multi-Family
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About 3705 Winnie
Offered below recent appraisal, this well-located 9-unit multifamily property presents an exceptional investment opportunity on Galveston Island. The property is 100% occupied and offers immediate upside through rent escalations and optimization. Unit mix includes seven individual, free-standing 2-bedroom/1-bath structures plus one elevated duplex. All 7 units are situated on one parcel, and the duplex is located on the adjoining parcel. Providing strong income potential and long-term stability, this complex is ideally positioned on the north side of the Island, just 2 blocks from the major thoroughfare of Broadway Avenue, and 3 blocks from Harborside Drive. The Port of Galveston and the Texas A&M - Galveston campus are also conveniently nearby. Ample off-street parking is a rare Island amenity that further enhances tenant appeal. Pro-forma cap rate reflects management and vacancy/loss assumptions. Estate sale and court approval required. Proof of funds required before initial showing.
Highlights
3705 Winnie
$750,000
Multi-Family
5,588 Home Sq Ft
Houston 77550
7 Full Baths
15,479 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
350503370004001
Tax Rate
1.719%
Taxes w/o Exemption/Yr
$10,724 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Heating
Other
Cooling
Other
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
Joe Tramonte Realty, Inc.
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Gisd Open Enroll | Elementary | None of 10 |
| Gisd Open Enroll | Middle | None of 10 |
| Ball High | High | 5 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.