128 Ocean View Drive
About This Property
This location is just minutes away from local amenities such as the Bolivar/Galveston Ferry, local restaurants and grocery stores as well as the Bolivar Yacht Basin for easy access to East Galveston Bay. Bolivar also boasts bird sanctuaries, renowned year-round fishing and a rich history. Don't miss the opportunity to make this place your home.
Beach living at it's best!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 30, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 4, 2025 | Listed by eXp Realty LLC | $59,900 | |
| Listed by eXp Realty LLC | |||
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Build your dream coastal retreat on this spacious vacant lot located at 128 Ocean View in Port Bolivar, TX. Situated just minutes from the beach and Highway 87, this property offers both convenience and tranquility. Enjoy the serenity of the Bolivar Peninsula with nearby beach access, ferry service, and local amenities.
Whether you're looking to build a vacation home, primary residence, or an income-producing short-term rental, this lot provides a great opportunity with utilities nearby and no HOA restrictions.
Don’t miss your chance to own a piece of the Texas Gulf Coast and create your ideal beachside escape!
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| Jun 4, 2025 | Listed by eXp Realty LLC | $499,900 | |
| Listed by eXp Realty LLC | |||
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New Construction Opportunity – 4 Bed, 2 Bath Coastal Retreat
Your dream beach home is waiting! This to-be-built 4 bedroom, 2 bathroom home offers the perfect blend of coastal charm and modern design. Nestled on the Bolivar Peninsula, this new construction will be built by Prestige Custom Builders, known for their craftsmanship and quality.
Spacious and thoughtfully designed, this home is ideal for full-time living, a vacation getaway, or a high-performing rental. Enjoy open-concept living, a large kitchen with island seating, and plenty of space for entertaining inside and out.
Now is the time to make your selections and customize finishes to your style. Contact us today to get started—let Prestige Custom Builders bring your beach dream to lifePictures are of a home previously completed by the builder.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017