$449,000 Last Listed Price
●
House -
Off Market
2502 Gerol Circle
Galveston, TX 77551
4 Beds
2 Baths,
1
Half Bath
2,028 Ft²
$476,338
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
ONE-OF-A-KIND fully remodeled home w/ a POOL, 5 min from the beach!
Located on a spacious cul-de-sac lot next to Lake Madeline. This
homes curb appeal begins w/ fresh exterior paint, new gutters &
windows, & a cozy courtyard entry. Inside find an open
floorplan w/ an abundance of natural light, & modern upgrades,
including black fixtures, new doors, upgraded plumbing &
electrical, a tankless water heater, baseboards, LED lighting, &
retextured walls. The large living room offers trey ceilings &
leads into a HIGH-END kitchen that boasts decorative lighting,
white quartz, SS appliances, tons of storage, & a waterfall counter
island. Next, find the dining area, & open flex space perfect for a
home office or playroom. The primary has a stunning accent wall,
pool views, & an updated en-suite bath w/ mosaic tile. The
secondary bedrooms include walk-in closets & share an updated full
bath. The backyard oasis features a sparkling pool, a gated patio
area, a side yard, & tropical landscaping.
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$221
Property Type
House
Property Taxes
$527
HOA Dues
$1
Year Built
1977
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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 #70374125)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Relisted | $450,000 | |
| Relisted | |||
| Aug 24, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Listed by Keller Williams Horizons | $450,000 | |
| Listed by Keller Williams Horizons | |||
   | |||
|
Beautifully updated 4-bedroom, 2.5-bath home in the highly sought-after Harve Lafitte neighborhood. Just minutes from the beach and Moody Gardens, this home was renovated in 2022 and has been well maintained. The gorgeous kitchen boasts a large island, sleek finishes, and ample storage, while a bonus space offers the perfect spot for a study or home office. The spacious layout flows seamlessly to the backyard retreat with a sparkling pool and views of the Moody Gardens fireworks. A perfect blend of style, comfort, and location.
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lake Madeline
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Listed by: Celeste Taylor-Velasco, Redfin Corporation
Last Updated: 6 months ago
Data Source: HAR , MLS# 70374125
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Last Updated: 6 months ago
Data Source: HAR , MLS# 70374125
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