Waterfront STR Investment in San Leon, TX (Listed Mar 2025)

Ed Neuhaus Ed Neuhaus March 7, 2025 2 min read
Listing status as of May 2026: This property was originally posted in March 2025 at $950,000. As of May 2026 it has been reduced to $800,000 and remains actively listed on HAR (MLS 9778710). Confirm current price and availability before inquiring. View live listing on HAR.

Turnkey short-term rental (STR) opportunity with bay views, private pier access, and a location about 10 minutes from Kemah Boardwalk. This fully furnished, 5-bedroom waterfront home in unincorporated Galveston County was marketed as ready to generate cash flow from day one.

Projected Annual Revenue (as of March 2025):

  • $126K/year (Rabbu estimate)
  • $145K/year (BNBCalc estimate)

These projections are point-in-time estimates from third-party STR analytics tools. Pull current figures from Rabbu or BNBCalc before relying on them.

Property Details:

  • Address: 2732 Broadway St, San Leon, TX 77539
  • Original list price (Mar 2025): $950,000
  • Current list price (May 2026): $800,000 (HAR MLS 9778710)
  • Beds/Baths: 5 Beds | 5,091 Sq Ft (bath count varies by source: 3 full + 2 half per HAR)
  • Year built: 2005
  • Features: Waterfront views | Boat ramp and pier access | Fully furnished | Marketed as STR-ready

Short-Term Rental Rules:

San Leon is unincorporated Galveston County. Galveston County does not currently impose a separate STR licensing requirement on unincorporated areas, though owners are responsible for state and local Hotel Occupancy Tax collection. Confirm current rules with the Galveston County Tax Assessor-Collector before operating an STR.

Call (512) 827-8830 for current financials, booking history, or to schedule a private tour.

Originally published on LinkedIn March 7, 2025. Updated May 26, 2026 with current listing status and corrected property details.

Ed Neuhaus

Written by Ed Neuhaus

Neuhaus is pronounced NIGH-house, rhymes with "my house."

Ed Neuhaus is the broker and owner of Neuhaus Realty Group, a boutique real estate brokerage based in Bee Cave, Texas. With 19 years in Austin real estate and more than 2,000 transactions under his belt, Ed writes about the local market, investment strategy, and what buyers and sellers actually need to know. These posts are written by Ed with help from AI for editing and polish. Every post published under his name is personally reviewed and approved by Ed before it goes live.

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