47
Map
$579,000
●
House -
For Sale
1201 Postoffice
Galveston, TX 77550
2 Beds
2 Baths,
1
Half Bath
2,136 Ft²
$3,468
Est. Monthly
About This Property
Step into a rare opportunity in Galveston's coveted East End
Historic District. This beautifully preserved 1893 corner store
location offers unmatched versatility for residential, commercial,
or live/work use. The main level was recently used as an art studio
with a full bath, large workroom with gas, water, and
cabinetry-perfect for conversion into a second kitchen! Beautiful
pocket doors, high ceilings, a bedroom/office, and more. It's the
perfect support space for the business, or added living set-up.
Upstairs, the spacious quarters feature hardwood floors, natural
light, large windows, a huge primary suite, large sunroom for
sunrises, another 1.5 baths, and a balcony off the kitchen for
sunsets. Comfort features include 2 tankless water heaters, a
Generac whole-house generator, off-street parking with an automatic
gate, and a private courtyard. Situated minutes from
UTMB and downtown, this property blends historic character with modern convenience and endless potential.
UTMB and downtown, this property blends historic character with modern convenience and endless potential.
Unit Size
2,136 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$271
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1893
Listed By
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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: 3 days ago (HAR #90970158)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | No longer available | - | |
| No longer available | |||
| Oct 3, 2026 | Listed by ZAPP Realty | $579,000 | |
| Listed by ZAPP Realty | |||
| Sep 11, 2026 | Price Decreased |
$579,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by Sand N Sea Properties, LLC | $589,000 | |
| Listed by Sand N Sea Properties, LLC | |||
   | |||
|
Step into a rare opportunity in Galveston’s coveted East End Historic District. This beautifully preserved 1893 corner store location offers unmatched versatility for residential, commercial, or live/work use. The main level is currently an inspiring art studio with a full bath, large workroom with gas, water, and cabinetry—perfect for conversion into a second kitchen, beautiful pocket doors, high ceilings, a bedroom/office, and more. It’s the perfect support space for the business, or added living set-up. Upstairs, the spacious quarters feature hardwood floors, natural light, large windows, a huge primary suite, large sunroom for sunrises, another 1.5 baths, and a balcony off the kitchen for sunsets. Comfort features include 2 tankless water heaters, a Generac whole-house generator, off-street parking with an automatic gate, and a private courtyard. Situated minutes from UTMB and downtown, this property blends historic character with modern convenience and endless potential.
| |||
Property Highlights
Parking Details
Has Open Parking
Parking Features: No Garage, Additional Parking, Driveway, Auto Driveway Gate
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Crown Molding, High Ceilings, Walk-In Closet(s)
Appliances: Water Heater, Disposal, Refrigerator, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer Included, Washer Included
Flooring Type: Concrete, Tile, Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 2136
Architectural Style: Other, Traditional
Year Built: 1893
Building Area Total: 2136
Window Features: Window Coverings
Construction Materials: Cement Siding, Wood Siding
Patio and Porch Features: Covered, Patio, Screened
Lot Features: Corner Lot, 0 Up To 1/4 Acre
Lot Size Area: 0.059
Lot Size Units: Acres
Lot Size Acres: 0.059
Lot Size Square Feet: 2570.04
Water Source: Public
Financial Details
Tax Annual Amount: $7,495
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
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 East End Historic District
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Listed by: Stacey Weber-Rubio, ZAPP Realty
Last Updated: 3 days ago
Data Source: HAR , MLS# 90970158
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Last Updated: 3 days ago
Data Source: HAR , MLS# 90970158
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