$559,900
●
House -
For Sale
937 5th Street
San Leon, TX 77539
3 Beds
3 Baths,
1
Half Bath
2,196 Ft²
$3,669
Est. Monthly
About This Property
Looking for a waterfront investment with a fishing pier? This isn't
just a waterfront home. Live in 1 unit, rent the other 2. Roof 5
years old! New HVAC split system floor 1&3. RV hookups in
driveway! This unique property offers endless possibilities
with three separate levels that can function as one expansive
coastal home or as three distinct living spaces ideal for Airbnb
income, multigenerational living, or guest retreats. Situated just
one street over from Mooner Beach and sitting on 3 lots, this
property captures panoramic views of the bay from multiple levels.
Enjoy watching dolphins swim by in the mornings! Inside, you'll
find an updated kitchen with gas cooking, spacious living areas,
and a cozy fireplace perfect for cool coastal evenings. The home
also features a 2-car garage, plenty of outdoor space, and easy
access to nearby boat ramps, marinas, restaurants, and waterfront
attractions. Imagine waking up on the bay while 3 rental units help
cover your monthly payment.
Unit Size
2,196 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$255
Property Type
House
Property Taxes
$919
HOA Dues
-
Year Built
1995
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: 24 days ago (HAR #94264920)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Relisted | $559,900 | |
| Relisted | |||
| Jul 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 21, 2026 | Price Decreased |
$579,900
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Decreased |
$599,999
↓ $25K
(4%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by By The Bay Realty | $625,000 | |
| Listed by By The Bay Realty | |||
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
Appliances: Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Square Footage: 2196
Architectural Style: Traditional
Year Built: 1995
Waterfront Features: Bayfront
Building Area Total: 2196
Construction Materials: Cement Siding
Patio and Porch Features: Covered, Patio
Lot Features: Cleared, Waterfront, 0 Up To 1/4 Acre
Lot Size Area: 0.209
Lot Size Units: Acres
Lot Size Acres: 0.209
Lot Size Square Feet: 9104.04
Water Source: Public
Financial Details
Tax Annual Amount: $11,032
Utilities Details
Cooling Type: Ceiling Fan(s), 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
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 San Leon
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Listed by: Jenni Meador, By The Bay Realty
Last Updated: 24 days ago
Data Source: HAR , MLS# 94264920
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Last Updated: 24 days ago
Data Source: HAR , MLS# 94264920
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