26823 Bay Water Dr, Galveston, TX 77554
What's special
NEW LOW PRICE—priced below custom home market value, this turnkey 2022 coastal retreat on Galveston Bay is a rare find. Now active in the STR market, it offers strong potential as an income-producing investment. The reverse floor plan captures breathtaking Gulf and Bay views from 700+ sq ft of wraparound balconies, while bright, airy interiors blend modern elegance with relaxed coastal charm. Upstairs, an expansive living area is built for entertaining: a massive quartz island seating 18–20, Restoration Hardware dining table, wet bar, and flexible gathering space. Two primary suites, two bunkrooms, and ensuite baths in every bedroom offer room for everyone, plus a first-floor den with coffee bar. Built by Alair Galveston Custom Homes with high-end finishes throughout, this is an incredible value at this price—schedule your showing and submit your offer today. View video, then call for a personal tour.
- 388 days |
- 476 |
- 27 |
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Susan Lutz TREC #0447087 409-307-1830,
United Real Estate
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room, Utility Room
Primary bedroom
- Level: First
- Area: 156
- Dimensions: 13x12
Bedroom
- Level: First
- Area: 156
- Dimensions: 13x12
Bedroom
- Level: First
- Area: 143
- Dimensions: 13x11
Bedroom
- Level: First
- Area: 110
- Dimensions: 11x10
Other
- Level: First
- Area: 66
- Dimensions: 11x6
Other
- Level: First
- Area: 55
- Dimensions: 11x5
Other
- Level: First
- Area: 42
- Dimensions: 7x6
Dining room
- Level: Second
- Area: 130
- Dimensions: 13x10
Other
- Level: Second
- Area: 120
- Dimensions: 12x10
Other
- Level: First
- Area: 91
- Dimensions: 13x7
Other
- Level: Second
- Area: 240
- Dimensions: 24x10
Other
- Level: First
- Area: 217
- Dimensions: 31x7
Other
- Level: Second
- Area: 130
- Dimensions: 13x10
Family room
- Level: First
- Area: 120
- Dimensions: 12x10
Kitchen
- Level: Second
- Area: 200
- Dimensions: 20x10
Living room
- Level: Second
- Area: 192
- Dimensions: 16x12
Primary bath
- Level: First
- Area: 143
- Dimensions: 13x11
Utility room
- Level: First
- Area: 35
- Dimensions: 7x5
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Disposal, Dryer, Refrigerator, Washer, Electric Oven, Freestanding Oven, Oven, Microwave, Electric Range, Dishwasher
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Balcony, High Ceilings, Wet Bar, 2 Bedrooms Down, 2 Primary Bedrooms, All Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor
- Flooring: Engineered Hardwood, Vinyl
- Windows: Storm Window(s), Window Coverings
- Has fireplace: No
Interior area
- Total structure area: 2,610
- Total interior livable area: 2,610 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 2
- Patio & porch: Covered, Patio/Deck
- Exterior features: Balcony, Sprinkler System
- Fencing: None
- Has view: Yes
- View description: Bay, Beach, Gulf View, Water
- Has water view: Yes
- Water view: Bay,Gulf,Water
- Waterfront features: Pond
Lot
- Size: 6,682 Square Feet
- Features: Back Yard, Cleared, Greenbelt, Waterfront, 0 Up To 1/4 Acre
Details
- Parcel number: 591220010048000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Spray Foam Insulation, Cement Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 2022
Details
- Builder name: Cason Graye Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Attic Vents, Thermostat, HVAC, HVAC>13 SEER, Exposure/Shade
Community & HOA
Community
- Subdivision: Pointe West
HOA
- Has HOA: Yes
- HOA fee: $990 quarterly
Location
- Region: Galveston
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $1,157,170
- Annual tax amount: $19,060
- Date on market: 8/1/2025
- Listing terms: Cash,Conventional
- Exclusions: See Non-Realty Addendum
- Ownership: Full Ownership
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $799,000-5.4%$306/sqft |
Source: | ||
| 4/22/2026 | Price change | $845,000-3.4%$324/sqft |
Source: | ||
| 2/5/2026 | Price change | $875,000-2.6%$335/sqft |
Source: | ||
| 8/1/2025 | Price change | $898,000-5.3%$344/sqft |
Source: | ||
| 3/15/2025 | Price change | $948,000-4.7%$363/sqft |
Source: | ||
| 2/19/2025 | Listed for sale | $995,000$381/sqft |
Source: | ||
| 10/5/2024 | Listing removed | $995,000$381/sqft |
Source: | ||
| 9/5/2024 | Price change | $995,000-5.2%$381/sqft |
Source: | ||
| 7/3/2024 | Listed for sale | $1,050,000-12.1%$402/sqft |
Source: | ||
| 5/3/2024 | Listing removed | -- |
Source: | ||
| 11/4/2023 | Listed for sale | $1,195,000+2555.6%$458/sqft |
Source: | ||
| 9/29/2020 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 8/14/2020 | Pending sale | $45,000$17/sqft |
Source: RE/MAX Leading Edge #44576354 Report a problem | ||
| 8/11/2020 | Listed for sale | $45,000$17/sqft |
Source: RE/MAX Leading Edge #44576354 Report a problem | ||
| 8/10/2020 | Pending sale | $45,000$17/sqft |
Source: RE/MAX Leading Edge #44576354 Report a problem | ||
| 6/27/2020 | Listed for sale | $45,000$17/sqft |
Source: RE/MAX Leading Edge #44576354 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,058 +19.2% | $947,222 +20% |
| 2024 | $13,472 +70.1% | $789,352 +71.7% |
| 2023 | $7,920 +846.5% | $459,854 +992.3% |
| 2022 | $837 -2.2% | $42,100 |
| 2021 | $856 +287.9% | $42,100 +324% |
| 2020 | $221 -10.1% | $9,930 -2% |
| 2019 | $245 +32.7% | $10,130 |
| 2018 | $185 | $10,130 |
| 2017 | $185 -24% | $10,130 |
| 2016 | $243 -1.1% | $10,130 |
| 2015 | $246 -1.3% | $10,130 |
| 2014 | $249 | $10,130 |
| 2013 | -- | $10,130 -75.9% |
| 2012 | -- | $42,100 |
| 2011 | -- | $42,100 |
| 2010 | -- | $42,100 -35% |
| 2009 | -- | $64,800 |
| 2008 | -- | $64,800 -46% |
| 2007 | -- | $120,000 |
Find assessor info on the county website
Monthly payment
Estimated market value
$749,800
$712,000 - $787,000
$5,117/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.