46
Map
$1,990,000
●
House -
For Sale
13243 Binnacle Way
Galveston, TX 77554
3 Beds
3 Baths,
1
Half Bath
2,996 Ft²
$12,549
Est. Monthly
$81
HOA / Fees
About This Property
Elegance meets simplicity in coveted Laffites Cove. Greeted at
entry by hardwood floors, 2 story ceiling w/wall of windows &
clerestory. 180-degree open water view. Kitchen w/ large island,
ample storage, dumb waiter, wine cooler, ice maker, Subzero & down
draft gas range. Walk-in pantry & laundry are adjacent. Dining open
to living rm great for entertaining w/beautiful views. Off living
rm is study, guest bedrm ensuite & powder rm. Large primary suite
up w/fireplace & balcony overlooking beautiful open water. Primary
bath w/double sinks, vanity, soaking tub, separate shower & large
walk-in closet. To complete upstairs split plan, library/bunk rm &
additional bedrm ensuite. Gameroom down w/glass wall that opens to
pool area. Exterior amenities include pool, plaster & decking 2026,
entertaining space, boat lift 2025, dock 2023 w/TREX, & garage
space. Concrete pilings, 2023 painted exterior trim, 2019 metal
roof. Carpet 2026. Social membership Galveston CC included. All
info per Seller.
Unit Size
2,996 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$664
Property Type
House
Property Taxes
$2,696
HOA Dues
$81
Year Built
1995
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: 7 days ago (HAR #34061888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Listed by Greenwood King Properties - Voss Office | $1,990,000 | |
| Listed by Greenwood King Properties - Voss Office | |||
| Jul 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 2, 2026 | Listed by Greenwood King Properties - Voss Office | $2,075,000 | |
| Listed by Greenwood King Properties - Voss Office | |||
   | |||
|
Elegance meets simplicity in coveted Laffites Cove. Greeted at entry by hardwood floors, 2 story ceiling w/wall of windows & clerestory. 180-degree open water view. Kitchen w/ large island, ample storage, dumb waiter, wine cooler, ice maker, Subzero & down draft gas range. Walk-in pantry & laundry are adjacent. Dining open to living rm great for entertaining w/beautiful views. Off living rm is study, guest bedrm ensuite & powder rm. Large primary suite up w/fireplace & balcony overlooking beautiful open water. Primary bath w/double sinks, vanity, soaking tub, separate shower & large walk-in closet. To complete upstairs split plan, library/bunk rm & additional bedrm ensuite. Gameroom down w/glass wall that opens to pool area. Exterior amenities include pool, plaster & decking 2026, entertaining space, boat lift 2025, dock 2023 w/TREX, & garage space. Concrete pilings, 2023 painted exterior trim, 2019 metal roof. Carpet 2026. Social membership Galveston CC included. All info per Seller.
| |||
| May 26, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | Listed by Greenwood King Properties | $1,699,000 | |
| Listed by Greenwood King Properties | |||
| | |||
|
Elegance meets simplicity in coveted Laffites Cove. Greeted at entry by hardwood floors, 2 story ceiling w/wall of windows & clerestory. 180-degree open water view. Kitchen w/ large island, ample storage, dumb waiter, wine cooler, ice maker, Subzero & down draft gas range. Walk-in pantry & laundry are adjacent. Dining open to living rm great for entertaining w/beautiful views. Off living rm is study, guest bedroom ensuite & powder rm. Large primary suite up w/fireplace & balcony overlooking beautiful open water. Primary bath w/double sinks, vanity, soaking tub, separate shower & large walk-in closet. To complete upstairs split plan, library/bunk rm & additional bedroom ensuite. Gameroom down w/glass wall that opens to pool area. Exterior amenities include pool, entertaining space, boat lift, new dock 2023 w/TREX, & garage space. Concrete pilings, 2023 painted exterior trim, 2019 metal roof. Furniture included w/exclusions. Social membership Galveston CC included. All info is per Seller
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: High Ceilings, Balcony, Formal Entry/Foyer, 1 Bedroom Down - Not Primary BR, En-Suite Bath, Primary Bed - 2nd Floor, Sitting Area, Split Plan, Walk-In Closet(s)
Appliances: Disposal, Ice Maker, Refrigerator, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer Included
Flooring Type: Carpet, Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas
Fireplaces: 2
Exterior Details
Square Footage: 2996
Architectural Style: Other
Year Built: 1995
Waterfront Features: Concrete Bulkhead
Building Area Total: 2996
Other Structures: Boat House
Window Features: Storm Window(s), Shutters, Window Coverings, Insulated/Low-E windows
Construction Materials: Cement Siding
Patio and Porch Features: Patio, Porch
Pool Features: Gunite, In Ground
Pool is Private
Lot Features: Back Yard, Near Golf Course, 0 Up To 1/4 Acre
Lot Size Area: 0.2153
Lot Size Units: Acres
Lot Size Acres: 0.2153
Lot Size Square Feet: 9378.468
Water Source: Public
Financial Details
Tax Annual Amount: $32,347
Utilities Details
Cooling Type: Electric, Zoned
Heating Type: Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA Fee: $975
HOA Fee Frequency: Annually
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 Pirates Cove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bet Jennings, Greenwood King Properties - Voss Office
Last Updated: 7 days ago
Data Source: HAR , MLS# 34061888
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Last Updated: 7 days ago
Data Source: HAR , MLS# 34061888
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