38
Map
$1,099,000
●
House -
For Sale
7312 Offats Point Circle
Galveston, TX 77551
5 Beds
3 Baths,
1
Half Bath
3,564 Ft²
$7,362
Est. Monthly
About This Property
Stunning Offats Bayou waterfront home on oversized lot offering 5
bedrooms, 3.5 baths, and a 2 car attached garage. Enjoy deep water
access with a private boathouse, dock, boat slip, hydraulic lift
and multiple outdoor entertaining areas. Inside, the home features
new white oak floors, updated lighting, a large family room with
gas fireplace, granite topped kitchen with upgraded KitchenAid
appliances, and generous storage including walk-in and
floor-to-ceiling pantries. The primary suite includes a steam
shower, jetted tub and a private balcony with sweeping sunset bay
views. Additional highlights include a New Orleans–style courtyard
for entertaining, storm French doors and unobstructed water views
from a quiet cul de sac location. New roof on home & boat house,
new A/C units with wifi panels, new tankless gas hot water heater.
Amazing, unobstructed bay views! A rare opportunity to own
one of Offatts Bayou's premier waterfront properties!
Unit Size
3,564 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$308
Property Type
House
Property Taxes
$1,965
HOA Dues
-
Year Built
1993
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: 2 months ago (HAR #69977417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Relisted | $1,099,000 | |
| Relisted | |||
| Oct 4, 2026 | Delisted | - | |
| Delisted | |||
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Listed by The Michael Group Real Estate | $1,099,000 | |
| Listed by The Michael Group Real Estate | |||
| Jun 18, 2024 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
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, All Bedrooms Up, Primary Bed - 2nd Floor
Appliances: Disposal, Refrigerator, Double Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 3564
Architectural Style: Traditional
Year Built: 1993
Waterfront Features: Bayfront, Bayou Frontage, Bulkhead, Pier
Building Area Total: 3564
Other Structures: Boat House
Construction Materials: Brick, Wood Siding
Patio and Porch Features: Patio
Lot Features: Back Yard, Cul-De-Sac, Waterfront, 1/4 Up to 1/2 Acre
Lot Size Area: 0.2551
Lot Size Units: Acres
Lot Size Acres: 0.2551
Lot Size Square Feet: 11112.156
Water Source: Public
Financial Details
Tax Annual Amount: $23,582
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Beds
Baths
ft²
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About Offatts Bayou
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Listed by: Mitchell Lee, The Michael Group Real Estate
Last Updated: 2 months ago
Data Source: HAR , MLS# 69977417
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Last Updated: 2 months ago
Data Source: HAR , MLS# 69977417
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