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$549,000
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Property Description
Fully remodeled in 2021, this triplex is a turnkey investment opportunity with strong rental appeal. The front duplex features two 2-bedroom, 2-bath units, each 1,002 sq ft, while the rear detached unit offers 3 bedrooms and 2 baths across 899 sq ft. All units are equipped with stainless-steel appliances, quartz countertops, in-unit washer/dryers, and designer bathrooms - ensuring durability, tenant satisfaction, and reduced maintenance costs. With all units currently occupied, investors benefit from immediate cash flow and long-term appreciation potential.
Full Property Details
Full Property Details for 5315 Avenue R
General
- Price: $549,000
- Taxes: $5,238 (2025)
- Status: Active
- Type: Triplex
- Source: Houston
- MLS ID: 7579783
- Updated: 12/9/2025
- Added to Site: 40 day(s) ago
Interior
- Interior Features: Quartz Counters, Window Treatments, Ceiling Fan(s)
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Flooring: Plank, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Exterior
- Porch/Patio/Deck: Patio
Parking
- Parking Features: Paved
Location
- Area: 33
- County: Galveston
- Subdivision: Denver Resurvey
- Driving Directions: Broadway east to 53rd, right on 53rd, right on Ave R, property on your left
- Direction Faces: North
School Information
- Elem School District: 22 - Galveston
- Midd School District: 22 - Galveston
- High School District: 22 - Galveston
- Elementary School: GISD OPEN ENROLL
- Middle School: GISD OPEN ENROLL
- High School: BALL HIGH SCHOOL
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Gas
- Heating Type: Central, Gas
Structural Information
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 2,903
- Sq. Ft. Source: Appraiser
- Living Area: 2,903 Sq. Ft.
- Year Built: 1960
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
Financial Considerations
- Tax Amount: $5,238
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: ABST 628 M B MENARD SUR LOT 7 & E 15 FT OF LOT 6 BLK 157 DEN
- Legal Disclosures: Seller Disclosure
- APN: 2965-0157-0007-000
Listed by Joe Tramonte Realty, Inc. (409) 765-9837, Eric Tucker (214) 500-4310
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Schools
Schools serving 5315 Avenue R
School District:Galveston Independent School District
| Name | Grades | Distance |
|---|---|---|
Burnet Elementary School, Galveston, TX 5501 Ave S, Galveston, TX 77550 | PK-4 | 0.2 mi |
Parker El 6802 Jones Drive, Galveston, TX 77551 | PK-4 | 1 mi |
Weis Middle School 7100 Stewart Road, Galveston, TX 77551 | 5-8 | 1.2 mi |
AIM College & Career Prep 5200 Ave N 1/2, Galveston, TX 77550 | 6-12 | 0.5 mi |
Ball High School 4115 Avenue O, Galveston, TX 77550 | 9-12 | 0.9 mi |
Morgan Elementary Magnet School 1410 37th Street, Galveston, TX 77550 | PK-4 | 1.4 mi |
Oppe Elementary School 2915 81st Street, Galveston, TX 77554 | PK-4 | 2.1 mi |
Austin Middle School, Galveston, TX 1514 Avenue North 1/2, Galveston, TX 77550 | 5-8 | 2.8 mi |
Rosenberg El Laboratory for Learning and Leading 721 10th Street, Galveston, TX 77550 | PK-2 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5315 Avenue R
Date
Details
Price
Change
Source
12/09/2025
Listed
$549,000
—
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 5315 Avenue R
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,077
1%
$302,680
3%
2023
$5,007
41%
$293,340
2%
2018
$3,560
-14%
$286,480
39%
2022
$4,163
-2%
$206,500
-27%
2021
$4,267
8%
$283,660
62%
2020
$3,958
11%
$174,980
21%
2018
$3,560
-1%
$144,370
-1%
2017
$3,602
26%
$145,550
25%
2016
$2,858
71%
$116,900
73%
2015
$1,672
-51%
$67,550
-53%
2019
$3,431
100%
$143,180
112%
2013
$1,717
—
$67,550
—
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 5315 Avenue R
5315 Avenue R, Galveston, TX 77551 (MLS# 7579783) is a Triplex property with 3 bedrooms and 2 full bathrooms. 5315 Avenue R is currently listed for $549,000 and was received on December 09, 2025. Want to learn more about 5315 Avenue R? Do you have questions about finding other Triplex 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.

