$875,000

523 24th Street Rear Galveston, TX 77550

Downtown Galveston Neighborhood

Estimated payment $5,902/month

Total Views 820
-- Bed
-- Bath
10,248 Sq Ft
$85 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Oppe Elementary School Rated A-
  • 5-minute walk to Gus Allen Sr. Dog Park

About This Home

The Galveston Carriage Place, located at 523 24th Street, is a historically significant building in downtown Galveston. Constructed in 1865, it originally served as the business premises & residence of Frederick D. Schmidt, a blacksmith, horseshoer, & carriage manufacturer. Schmidt operated his business on the ground floor & resided upstairs, maintaining ownership until 1944. Today, the building offers a unique live-work proposition for discerning buyers with the opportunity for plenty of rental income. There are currently 4 fully occupied spacious units ranging in approx. size of 992 SF - 3,475 SF. Several tenants are interested in remaining, allowing for immediate income to the new owner. Each unit separately metered for electric. Water & trash included in rent. Steps away from countless restaurants, shops, bars, & attractions!

Listing Agent

Brian Schwenk

Coldwell Banker TGRE License #0775317 Listed on: 06/27/2025

Coldwell Banker TGRE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,615

Year Built

  • Built in 1865

Lot Details

  • 5,160 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 10,248 Sq Ft Home
  • 2-Story Property

Schools

  • Gisd Open Enroll Elementary And Middle School
  • Ball High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Galveston Townsite Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,615

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Directions: East on Broadway to 24th Street. Left on 24th Street, continue to Church St, building is on the North West corner of intersection of 24th & Church St.
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1865
  • Subdivision Name: Galveston Townsite
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 10248.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Other

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: GISD OPEN ENROLL
  • Junior High Dist: 22 - Galveston
  • High School: BALL HIGH SCHOOL
  • Middle Or Junior School: GISD OPEN ENROLL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13615.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,615 $786,657 $234,780 $551,877
2023 $13,615 $684,050 $20,640 $663,410
2022 $18,556 $920,420 $20,640 $899,780
2021 $10,505 $464,400 $20,640 $443,760
2020 $8,902 $371,460 $20,640 $350,820
2019 $8,122 $329,360 $20,640 $308,720
2018 $8,150 $329,360 $20,640 $308,720
2017 $8,053 $329,360 $20,640 $308,720
2016 $8,052 $329,350 $20,640 $308,710
2015 $7,804 $315,320 $20,640 $294,680
2014 $7,554 $301,290 $20,640 $280,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $875,000 -- $85 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 Unknown
Closed $410,000 Seller Take Back
Source: Public Records

Similar Homes in Galveston, TX

  • 1108 Broadway St, Galveston, TX 77550

    $699,000

    • 1 Bed
    • 1 Bath
    • 3,828 Sq Ft
    • 1108 Broadway St
    • Galveston, TX

    Discover this fully occupied 4-plex located just steps away from the beaches of Galveston. Nestled in a prime area, this property offers the best of coastal living with close proximity to popular restaurants, vibrant entertainment options, and a wide range of beach activities. This property is an ideal investment opportunity, offering immediate rental income, or a perfect option for first-time

    Mark Miller Compass RE Texas, LLC - Houston

    Section Image
  • 711 7th St, Galveston, TX 77550

    $799,999

    • 2 Beds
    • 1 Bath
    • 6,016 Sq Ft
    • 711 7th St
    • Galveston, TX

    Welcome to this charming five-unit multifamily property nestled in Galveston's historic East End. This well-maintained building offers 5 two-bedroom apartments, making it an ideal investment for long-term rentals or short-term vacation stays. Each unit boasts classic architectural details and modern updates. Situated in the East End Historic District, this property is surrounded by Galveston's

    Rochelle Jones Aplomb Real Estate

    Section Image
  • 1102 8th St, Galveston, TX 77550

    $995,000

    • 1 Bed
    • 1 Bath
    • 2,800 Sq Ft
    • 1102 8th St
    • Galveston, TX

    Rare opportunity to purchase a 10-plex, just 1 block from Stewart and Porretto beaches on beautiful Galveston Island! Tour these updated, adorable, modern, short term beach cottage rentals. Fully renovated and fully furnished, this investment is turn key and ready for new owners to take over. Walk to restaurants, shopping and the beach.

    Nick Corkill eXp Realty, LLC

    Section Image
See All Homes in Galveston

Source: Houston Association of REALTORS®

MLS Number: 51227757

Houston Association of REALTORS®

APN: 3505-0444-0008-002

Texas Galveston County Galveston 77550 Downtown Galveston

523 24th Street Rear, Galveston, TX

This home is located at 523 24th Street Rear, Galveston, TX 77550 and is currently priced at $875,000, approximately $85 per square foot. This property was built in 1865. 523 24th Street Rear is a home located in Galveston County with nearby schools including Morgan Elementary Magnet School, Burnet STREAM Magnet School, and Parker Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Brian Schwenk
Listing Agent
Brian Schwenk
Section Image
Coldwell Banker TGRE
(409) 402-5745