HUD Housing Portfolio 12 Specialty Properties in Galveston, TX

This HUD Housing Portfolio presents a rare opportunity to acquire a fully leased, income-generating residential investment in Galveston, Texas. Comprising 12 homes across two distinct neighborhood blocks, the portfolio includes eight units in the 1st Neighborhood (Moody Ave & Sealy St) and four units in the 2nd Neighborhood (69th St). Each home is configured as a two-story residence with garage parking, electric and gas hookups, and a mix of 3-bedroom layouts. The 1st Neighborhood homes feature three bathrooms per unit, while the 2nd Neighborhood homes offer one bathroom per unit.
The properties are under a HUD contract with seven years remaining, ensuring stable occupancy and predictable cash flow. This is strictly an investment sale—owner occupancy is not permitted. The portfolio may be acquired in full or divided, offering flexibility for investors seeking scalable residential assets.
Located in Galveston’s vibrant coastal community, the homes benefit from proximity to major thoroughfares including I-45 and Seawall Blvd, and are minutes from Scholes International Airport, Ball High School, and a wide array of national retailers such as CVS, Home Depot, Walmart, and Chipotle. Demographic data reveals strong household incomes and a balanced mix of owner and renter-occupied housing within a 5-mile radius, supporting long-term rental demand.