$580,000 Last Listed Price
●
House -
Off Market
22902 Verano Drive
Galveston, TX 77554
4 Beds
2 Baths
1,512 Ft²
$3,792
Est. Monthly
$29
HOA / Fees
About This Property
1 story custom built home, meticulously planned by the original
owners. This beach view showplace was completed in 2016 . The lot
was raise 1 foot prior to construction. Home is built on 12 X 12
pilings , with cement siding and stainless steel nails. The over
sized driveway will accommodate a lot of cars , with both covered
and uncovered parking. The yard is fully fenced, perfect for
children and pets to enjoy. The amazing split level staircase leads
you to the spacious covered deck with 180 view of the gulf. Open
floor plan right from the front door, Updated kitchen with pot
filler above stove and plenty of room for gathering at the Granite
counter top high bar w/ 4 bar stools. Built in ice maker with walk
through pantry, stainless steel appliances, plus LED lighting under
cabinets and a cargo lift. State of the art alarm system with top
of the line internet.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$384
Property Type
House
Property Taxes
$915
HOA Dues
$29
Year Built
2015
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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: 5 months ago (HAR #49989077)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$550,000
↓ $9K
(1.6%) | |
| Price Decreased | |||
| Jan 29, 2026 | Listed by Keller Williams Horizons | $559,000 | |
| Listed by Keller Williams Horizons | |||
   | |||
|
Wake up to the sound of waves in this well-maintained coastal home offering beautiful Gulf views. Built in 2015, the open-concept layout seamlessly connects the living, dining, and kitchen areas—ideal for everyday living or entertaining. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, ample cabinetry and a spacious walk-in pantry. The home offers two generous primary bedrooms with ensuite baths, plus a bunk room designed to maximize sleeping capacity. Outdoor living shines with a covered deck capturing ocean breezes, a built-in bar and a shaded ground-level patio with built-in seating. A convenient downstairs half bath makes outdoor entertaining and post-beach cleanup easy. Additional features include hurricane shutters, a fully fenced yard, cargo lift, updated HVAC components and covered parking. Located in the Terramar Beach community, this home is ideal as a primary residence, second home, or rental opportunity.
| |||
| Jan 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Property Highlights
Garage
Elevator
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Terramar
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Listed by: Matthew Mamo, Team Mamo Realty, Inc
Last Updated: 5 months ago
Data Source: HAR , MLS# 49989077
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Last Updated: 5 months ago
Data Source: HAR , MLS# 49989077
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