$549,000 Last Listed Price
●
House -
Off Market
10509 Schaper Road
Galveston, TX 77554
3 Beds
3 Baths,
1
Half Bath
2,454 Ft²
$553,274
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Upon entering this contemporary home, you are struck by the floor
to ceiling water views. Two-story high ceilings in the living area.
Crown molding for all doors and stained wood windowsills. The
primary en-suite bedroom is on the first floor with its walk-in
closet. The kitchen opens up to the dining and living room. Ample
storage throughout the house. Upstairs features a study that looks
down to the first level and stained wood staircase. Spacious
balcony that is accessible from both upstairs bedrooms. Oversized
garage. The floor plan provides views of the lake from practically
every room in the house.
Unit Size
2,454 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$224
Property Type
House
Property Taxes
$643
HOA Dues
$10
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #23529442)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Price Decreased |
$560,000
↓ $190K
(25.3%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Coldwell Banker Ultimate | $750,000 | |
| Listed by Coldwell Banker Ultimate | |||
   | |||
|
Discover 10509 Schaper, a charming 3-bedroom lakefront home full of potential. The entryway and kitchen feature tile flooring, quartz countertops, and custom multi-color recessed lighting, while the living room is enhanced by a custom entertainment center, electric fireplace, and handcrafted wood shelving and countertops. Architectural details include a wrought-iron stair railing with a custom runner, along with blackout shades in the bedrooms and light-filtering shades in shared areas. Additional highlights include vinyl fencing, custom shutters, outdoor lighting, ceiling fans, and upgraded fixtures throughout. The primary suite and guest bath provide a comfortable foundation, while the patio offers a practical space for projects or gatherings. With features like a half-bath vanity and custom kitchen shelving, this property presents a unique opportunity for investors or buyers looking to personalize their own lakefront retreat.
| |||
| Sep 30, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Campeche Cove
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Listed by: Gary Schero, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 23529442
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Last Updated: 5 months ago
Data Source: HAR , MLS# 23529442
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