33
Map
$375,000 Last Listed Price
●
Condo -
Off Market
2009 Postoffice #4
Galveston, TX 77550
2 Beds
1 Bath
1,091 Ft²
$2,523
Est. Monthly
$290
HOA / Fees
3.10%
Cap Rate
About This Property
The historic 1907 Robinson Building lofts are in the heart of the
downtown entertainment district. This 3rd floor open-concept loft
with exposed brick walls and high ceilings adds a touch of timeless
character. The two generously sized bedrooms and beautifully
appointed bathroom offer both comfort and style. The view from the
front windows afford a great view of Galveston's iconic 1894 Opera
Grand House. An additonal feature is the loft's outdoor space,
provided by a spacious back deck off the kitchen. It provides a
perfect area for your morning coffee and comes with a lovely view
of St. Mary's Co-Cathedral. You are close and convenient to
to all the Galveston entertainment and cultural scene has to
offer. Parking can be independently arranged with the owner of the
lot at the corner. Short Term rentals are allowed
Unit Size
1,091 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$344
Property Type
Condo
Property Taxes
$391
HOA Dues
$290
Year Built
1960
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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: 6 months ago (HAR #77012778)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Coldwell Banker TGRE | $375,000 | |
| Listed by Coldwell Banker TGRE | |||
| Jan 11, 2025 | No longer available | - | |
| No longer available | |||
| Dec 23, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Corporate | $375,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Corporate | |||
| | |||
|
Located in the 1907 Robinson Building Lofts in the heart of Galveston's Historic District. This open-concept loft with exposed brick walls and high ceilings add a touch of timeless character. Two generously sized bedrooms and a beautifully appointed bathroom offers both comfort and style. There is a spacious back deck off the kitchen that provides a perfect area for your morning coffee. The front windows afford you a great view of Galveston's iconic Opera House.
| |||
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Property Highlights
Parking Details
Parking Features: No Garage, Off Site
Interior Details
Full Bathrooms: 1
Interior Features: Brick Walls, All Bedrooms Down
Appliances: Electric Oven, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer
Flooring Type: Carpet, Laminate, Wood
Exterior Details
Has Property Attached
Square Footage: 1091
Architectural Style: Other
Year Built Source: Owner
Year Built: 1907
Builder Name: Robinson Building Lofts
Building Area Total: 1091
Levels: 3rd Level
Construction Materials: Brick, Wood Siding
Patio and Porch Features: Deck
Lot Size Area: 0.1185
Lot Size Units: Acres
Lot Size Acres: 0.1185
Lot Size Square Feet: 5160
Water Source: Public
Financial Details
Tax Annual Amount: $4,689
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA Fee: $290
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/23/2024
|
2 Bed
|
1 Bath
|
1091 ft²
|
$375,000
2 Bed
1 Bath
1091 ft²
|
-
-
|
Chaille Short
Better Homes and Gardens Real Estate Gary Greene - Corporate
| |
|
06/17/2024
|
2 Bed
|
1 Bath
|
1091 ft²
|
$375,000
2 Bed
1 Bath
1091 ft²
|
-
-
|
Gary Schero
Better Homes and Gardens Real Estate Gary Greene-Gary Greene-Galveston Intown
|
Building Info
About Downtown Galveston
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Listed by: Thomas Schwenk, Coldwell Banker TGRE
Last Updated: 6 months ago
Data Source: HAR , MLS# 77012778
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Last Updated: 6 months ago
Data Source: HAR , MLS# 77012778
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