The study of fractures in the subsurface is very important in unconventional reservoirs since they are the main conduits for hydrocarbon flow. For this reason, a variety of equivalent medium theories have been proposed for the estimation of fracture and fluid properties within reservoir rocks. Recently, the Galvin model has been put forward to model the frequency-dependent elastic moduli in fractured porous rocks and has been widely used to research seismic wave propagation in fractured rocks. We experimentally investigated the feasibility of applying the Galvin model in fractured tight stones. For this proposal, three artificial fractured tight sandstone samples with the same background porosity (11.7% ± 1.2%) but different fracture densities of 0.00, 0.0312, and 0.0624 were manufactured. The fracture thickness was 0.06 mm and the fracture diameter was 3 mm in all the fractured samples. Ultrasonic P- and S-wave velocities were measured at 0.5 MHz in a laboratory setting in dry and water-saturated conditions in directions at 0°, 45°, and 90° to the fracture normal. The results were compared with theoretical predictions of the Galvin model. The comparison showed that model predictions significantly underestimated P- and S- wave velocities as well as P-wave anisotropy in water-saturated conditions, but overestimated P-wave anisotropy in dry conditions. By analyzing the differences between the measured results and theoretical predictions, we modified the Galvin model by adding the squirt flow mechanism to it and used the Thomsen model to obtain the elastic moduli in high- and low-frequency limits. The modified model predictions showed good fits with the measured results. To the best of our knowledge, this is the first study to validate and calibrate the frequency-dependent equivalent medium theories in tight fractured rocks experimentally.