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3 Beds
2 Baths
2,206 sqft

$325,000

135 W 5th Street, Kemah TX, 77565

Price per sqft$147.33
Built in1950
Property size2,206 sqft
Property typeMulti-family

Overview

Active

Listed Mar 17, 2026

Updated 3 weeks ago

Investor Special – Fully Occupied Income Property Near Kemah Boardwalk Excellent cash-flowing investment opportunity in a highly desirable Kemah location. Property is 100% occupied with a strong rental history and units that lease quickly when available. Property Breakdown: • 1 – 3 bed / 2 bath single-family home • 2 – 2 bed / 1 bath units • 1 – Efficiency unit Income: • Gross rental income: $3,700/month • Additional $150/month from on-site coin-operated laundry Key Investment Highlights: • Commercial zoning – potential for future redevelopment or mixed use • Situated on two lots • Strong rental demand area • Value-add potential with future rent increases • Walking distance to Kemah Boardwalk, Galveston Bay, restaurants, shopping, and Stewart Elementary Great opportunity for investors seeking immediate income with long-term upside in a high-demand coastal market.

$2,162/mo

Est. mortgage payment based on a $325,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
83783799

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.33 Acres

Other Property Details

Taxes
$6,638
Tax Frequency
Annually
MLS provider logo

 

Courtesy of EVERAGENT, William Wimmer 

Based on information from the Houston Association of REALTORS as of 9/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Houston Association of REALTORS. All rights reserved.

Data last updated 3:18 AM UTC, 9/11/2026

 

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