37
Map
$539,000
↓ $11K (2%)
●
House -
For Sale
18902 Shaman Drive
Galveston, TX 77554
3 Beds
2 Baths
1,305 Ft²
$3,320
Est. Monthly
$33
HOA / Fees
About This Property
Coastal living at its best!. Featuring spacious bedrooms and two
well-appointed bathrooms, this property embodies comfort and
convenience. With a thoughtfully curated interior, each room is
tastefully furnished, creating a welcoming and inviting atmosphere
for guests or potential homeowners. Elevator that goes to all
floors. Plus, beach access and oversized lot. Ideal as a full-time
residence, vacation/second home getaway, or a great investment
property. Located just a short walk to the beach, community pool,
tennis/pickle ball court and a quick drive to restaurants,
shopping, and entertainment.
Unit Size
1,305 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$413
Property Type
House
Property Taxes
$640
HOA Dues
$33
Year Built
2004
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: 11 days ago (HAR #68417772)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$539,000
↓ $11K
(2%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by eXp Realty, LLC | $550,000 | |
| Listed by eXp Realty, LLC | |||
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Feb 24, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by TADA Realty Group | $539,899 | |
| Listed by TADA Realty Group | |||
| | |||
|
Discover this beautiful home located in Galveston. Currently utilized as a successful Airbnb, this fully furnished residence presents an incredible opportunity for those seeking a turnkey investment or a delightful place to call home. Featuring spacious bedrooms and two well-appointed bathrooms, this property embodies comfort and convenience. With a thoughtfully curated interior, each room is tastefully furnished, creating a welcoming and inviting atmosphere for guests or potential homeowners. Elevator that goes to all floors. Plus, beach access and oversized lot. This home offers easy access to the area's vibrant attractions and the serene beauty of the Galveston coastline. Whether you're looking to enjoy a quiet evening indoors or exploring the nearby beaches, this residence provides the ideal setting for a relaxed coastal lifestyle. Embrace the opportunity to own a fully furnished home that promises both a cozy sanctuary and a lucrative investment in Galveston.
| |||
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Property Highlights
Elevator
Garage
With View
Fireplace
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Elevator, 2 Staircases, Balcony, Primary Bed - 2nd Floor, Walk-In Closet(s)
Appliances: Disposal, Refrigerator, Electric Oven, Microwave, Electric Range, Dishwasher, Washer Included
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1305
Architectural Style: Other
Year Built: 2004
Building Area Total: 1305
Construction Materials: Wood Siding
Lot Features: Cleared, Corner Lot, Subdivided, Waterfront, 0 Up To 1/4 Acre
Lot Size Area: 0.5619
Lot Size Units: Acres
Lot Size Acres: 0.5619
Lot Size Square Feet: 24476.364
Water Source: Public
Financial Details
Tax Annual Amount: $7,675
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA Fee: $400
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 Indian Beach
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Listed by: Monica Foster, eXp Realty, LLC
Last Updated: 11 days ago
Data Source: HAR , MLS# 68417772
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Last Updated: 11 days ago
Data Source: HAR , MLS# 68417772
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