$1,290,000 Last Listed Price
●
House -
Off Market
1215 Pilot Lane
Galveston, TX 77554
3 Beds
2 Baths
3,276 Ft²
$1,333,747
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Tucked away in one of Galveston's highly sought after waterfront
neighborhoods. This home is located at the Crash Boat Basin
across from Moody Gardens Golf course and Scholes International
Airport, and without a doubt, is a rare find. This waterfront lot
is over 17,000 sq. ft.. it boasts lovely sunrises, sunsets and star
gazing along with days of fishings and watercraft activities. For
years this home has served as a full time family retreat providing
sheer family enjoyment. Expansive sliding doors allow captivating
views of the water from all locations of the living room. New
central air conditioning unit was recently installed. The
downstairs has window units and consists of an oversized room with
guest utilities and bedroom or storage, it has been used for
countless gatherings. The covered east and west balconies are
approximately 300 sq. ft. and provide captivating views of the
sunrise and serene sunset views. GCAD square footage is
approximate and must be confirmed by buyer.
Unit Size
3,276 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$394
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1921
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (HAR #64216554)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2022 | Sold | ||
| Sold | |||
| Jul 21, 2022 | Listed by Inside Galveston | $1,290,000 | |
| Listed by Inside Galveston | |||
| | |||
|
Tucked away in one of Galveston's highly sought after waterfront neighborhoods. This home is located at the Crash Boat Basin across from Moody Gardens Golf course and Scholes International Airport, and without a doubt, is a rare find. This waterfront lot is over 17,000 sq. ft.. it boasts lovely sunrises, sunsets and star gazing along with days of fishings and watercraft activities. For years this home has served as a full time family retreat providing sheer family enjoyment. Expansive sliding doors allow captivating views of the water from all locations of the living room. New central air conditioning unit was recently installed. The downstairs has window units and consists of an oversized room with guest utilities and bedroom or storage, it has been used for countless gatherings. The covered east and west balconies are approximately 300 sq. ft. and provide captivating views of the sunrise and serene sunset views. GCAD square footage is approximate and must be confirmed by buyer.
| |||
Property Highlights
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 Airport Homesites
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ingrid Gonzalez, Inside Galveston
Last Updated: 6 months ago
Data Source: HAR , MLS# 64216554
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 6 months ago
Data Source: HAR , MLS# 64216554
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017