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$295,000
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Property Description
A vacant four-unit building on Galveston Island, with each unit configured as one bedroom and one full bath. Built in 1960, two stories, approximately 2,210 square feet per public records on a 0.0496 acre lot in the Galveston Outlots subdivision. Composition roof, cement board and wood siding, tile flooring, alley access, and a level lot. This property is an unfinished flip. Renovation was started and is not complete. A full interior cleanout was finished in August 2026, so the units are open and easy to walk and scope. The buyer takes over and completes the remaining renovation. Budget for finish work throughout, including mechanical, electrical, and plumbing verification, kitchens, baths, and cooling. Pricing and photos reflect current condition, not a finished product. All four units are vacant with no leases in place, which gives a new owner immediate control of the entire building: finish on your own timeline, choose your own scope, and set your own strategy without inheriting tenants or existing agreements. The property is in FEMA flood zone AE, a Special Flood Hazard Area, with a base flood elevation of 10 feet. Flood insurance will be a factor and buyers should obtain quotes and an elevation certificate during due diligence. Sold strictly AS-IS, WHERE-IS, with no repairs and no warranties expressed or implied. Seller will not accept FHA or VA financing. Cash or conventional only. Showings by appointment with a combination lockbox. Bring your contractor, verify your numbers, and evaluate the building on its current condition and your own projections. Buyer and Buyer's agent to verify all information including but not limited to schools, square footage, taxes, HOA, room dimensions, flood zone, and any other material facts.
Full Property Details
Full Property Details for 1911 40th St
General
- Price: $295,000
- Taxes: $6,484 (2025)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 3617307
- Updated: 8/12/2026
- Added to Site: 14 day(s) ago
Interior
- Interior Features: See Remarks
- Flooring: Tile
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Shared Amenities: None
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: See Remarks
- Porch/Patio/Deck: See Remarks
Parking
- Parking Features: See Remarks
Location
- Area: Out of Area
- County: Galveston
- Subdivision: Galveston Outlots
- Driving Directions: Per GPS. Property is on the 1900 block of 40th Street in Galveston, mid-island and north of Seawall Boulevard. Front door faces East.
- Direction Faces: East
School Information
- Elem School District: Galveston Isd
- Midd School District: Galveston Isd
- High School District: Galveston Isd
- Elementary School: Outside School District
- Middle School: Outside School District
- High School: Outside School District
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, See Remarks, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Cement Siding, Wood Siding
- Roof: Composition
- Windows: See Remarks
- Stories/Levels: 2
- Square Feet: 2,210
- Sq. Ft. Source: Public Records
- Living Area: 2,210 Sq. Ft.
- Year Built: 1960
- Year Built Source: Public Records
- Property Condition: Under Construction
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.0496
- Lot Size (Sq. Ft.): 2,160.58
- Fence: Yes
- Lot Features: Alley, Level
- Fencing (Description): See Remarks
Financial Considerations
- Assessment Amount: $377,200
- Tax Amount: $6,484.02
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Real Estate Owned, Corporate Listing
- Legal Description: ABST 628 M B MENARD SUR PT OF LOT 6 & S 28-3 FT OF LOT 7 & N 1/2 OF ADJ ALLEY (7-2) NW BLK 84 GALVESTON OUTLOTS
- Bank-owned: Yes
- Property ID: 3510-0084-0007-002
- Block: 84
- Lot Number: 6
Listed by eXp Realty LLC
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Schools
Schools serving 1911 40th St
School District:Galveston Independent School District
| Name | Grades | Distance |
|---|---|---|
Morgan Elementary Magnet School 1410 37th Street, Galveston, TX 77550 | PK-4 | 0.4 mi |
Burnet Elementary School, Galveston, TX 5501 Ave S, Galveston, TX 77550 | PK-4 | 1.1 mi |
Austin Middle School, Galveston, TX 1514 Avenue North 1/2, Galveston, TX 77550 | 5-8 | 1.8 mi |
AIM College & Career Prep 5200 Ave N 1/2, Galveston, TX 77550 | 6-12 | 0.9 mi |
Ball High School 4115 Avenue O, Galveston, TX 77550 | 9-12 | 0.2 mi |
Parker El 6802 Jones Drive, Galveston, TX 77551 | PK-4 | 2 mi |
Weis Middle School 7100 Stewart Road, Galveston, TX 77551 | 5-8 | 2.1 mi |
Rosenberg El Laboratory for Learning and Leading 721 10th Street, Galveston, TX 77550 | PK-2 | 2.3 mi |
Oppe Elementary School 2915 81st Street, Galveston, TX 77554 | PK-4 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1911 40th St
Date
Details
Price
Change
Source
8/12/2026
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1911 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,484
43%
$377,200
21%
2023
$4,532
8%
$311,184
20%
2018
$4,192
-34%
$259,320
-18%
2022
$6,346
5%
$314,780
8%
2021
$6,022
63%
$291,430
78%
2020
$3,697
-15%
$163,420
-10%
2019
$4,358
4%
$181,860
7%
2018
$4,192
—
$169,980
—
2017
$4,206
19%
$169,980
17%
2016
$3,545
47%
$145,000
48%
2015
$2,417
—
$97,670
166%
2015
$2,417
172%
$36,690
5%
2013
$890
—
$35,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1911 40th St
1911 40th Street, Galveston, TX 77550 (MLS# 3617307) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1911 40th Street is currently listed for $295,000 and was received on August 12, 2026. Want to learn more about 1911 40th Street? Do you have questions about finding other Multi-Family real estate for sale in East End? You can browse all East End real estate or contact a Coldwell Banker agent to request more information.

