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    515 E Fm-517 Dickinson, TX 77539

    For Sale
    $2,300,000

    20-unit apartment complex in Dickinson, TX with strong rental history.

    Lot size:
    0.96 Acres

    Property Features for 515 E Fm-517

    General Information

    Lot size
    0.96 Acres

    Building Details

    Year built
    1971

    Source: Sanmore Realty Agent Federico Medina

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dickinson, TX 20-Unit Apartment Complex

    This is a rare opportunity to own a 20-unit apartment complex located in Dickinson, TX. The well-maintained property has an established tenant base and a strong rental history. It is conveniently located just off FM 517, providing quick access to I-45, employment centers, shopping, and dining. The property offers solid in-place income with additional upside through value-add improvements. The unit mix appeals to a wide range of tenants. Ample parking is available, and the property features functional layouts. The location is in a strong and growing submarket between Houston and Galveston.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Dickinson
    County
    Galveston
    State
    Texas
    Longitude
    -95.0288
    Latitude
    29.4598

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    FAQs

    What type of property is this?
    Apartment building - 20-unit apartment complex in Dickinson, TX with strong rental history.
    Where is this apartment building located?
    The property is located at 515 E Fm-517 Dickinson, TX.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Solid in-place income with additional upside through value-add improvements.; - Strong location in a growing submarket between Houston and Galveston.; - Well-maintained 20-unit apartment complex.
    (713) 885-1292
    Request Owner's contact information
    515 E Fm-517 Dickinson, TX 77539
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 E Fm-517 Dickinson, TX 77539
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