Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    136 Starboard St San Leon, TX 77539

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $108,000

    Residential lot in gated community with canal access and amenities.

    Lot size:
    0.16 Acres

    Property Features for 136 Starboard St

    General Information

    Standard status
    Active
    Lot size
    0.16 Acres

    We can help!

    Listing Contact
    Nicole Chandler
    Source: Corcoran

    Listing Agent: Nicole Chandler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Waterfront Lot in Gated Community

    This lot in San Leon offers the opportunity to build a custom home. Located within a gated community, residents have access to a clubhouse and community pool. The property's canal-front location allows for the construction of a boat house, providing convenient boat storage and water access. This waterfront lot offers potential for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Leon
    County
    Galveston
    State
    Texas
    Longitude
    -94.934104
    Latitude
    29.499736

    Nearby Similar for Sale

    • $310,000

      San Leon Duplex: Income Property

      Cash-flowing duplex in San Leon with strong tenant demand.
      527 12Th St, San Leon, TX 77539
      View Details
    • $310,000

      San Leon Duplex: Income Property

      Cash-flowing duplex in San Leon with gross monthly income.
      535 12Th St, San Leon, TX 77539
      View Details
    • $310,000

      San Leon Duplex: Income Property

      Cash-flowing duplex in San Leon, generating $3,200 monthly income.
      521 12Th St, San Leon, TX 77539
      View Details
    • $379,900

      Coastal Quadplex Investment Opportunity

      Four 1-bedroom units near the bay in San Leon.
      120 5Th St, San Leon, TX 77539
      View Details
    • $195,000

      Income-Generating RV Pads For Sale

      Spacious lot with income-generating RV pads and full utility access.
      2226 Avenue L, San Leon, TX 77539
      View Details
    • $369,999
      2,757 SF

      Mixed-Use Property with Commercial Workshop

      Mixed-use property featuring a commercial workshop and single-family home.
      909 18Th St, San Leon, TX 77539
      View Details
    • $298,000

      Dickinson Acre with Storage Units

      One-acre Dickinson property with storage units and outdoor parking.
      5104 Highway 3, San Leon, TX 77539
      View Details
    • $670,000

      San Leon Multifamily Property

      Multifamily property in San Leon, currently 100% rented.
      2680 Avenue J, San Leon, TX 77539
      View Details
    • $225,000

      Income Producing Duplex For Sale

      Duplex with two units, includes washer, dryer, and fridge.
      114 2Nd St, San Leon, TX 77539
      View Details
    • $650,000
      1,100 SF

      1218 Fm 517

      Individual retail properties • 1,100 SF
      1218 Fm 517, San Leon, TX 77539
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in gated community with canal access and amenities.
    Where is this residential land & home lot located?
    The property is located at 136 Starboard St San Leon, TX.
    What is the asking price?
    The asking price for this property is $108,000.
    What are key features of this property?
    This property features: - Canal-front lot allows for building a private boathouse and storing a boat at home.; - Gated community providing security and exclusivity.; - Access to a community clubhouse.
    (409) 739-1299
    Request Owner's contact information
    136 Starboard St San Leon, TX 77539
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    136 Starboard St
    San Leon, TX 77539
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    136 Starboard St San Leon, TX 77539
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nicole Chandler
    (409) 739-1299
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.