$54,900
↓ $3K (5.2%)
●
Land -
For Sale
1202 W Dallas Avenue Lot 1
Seadrift, TX 77983
Studio
0 Bath
$351
Est. Monthly
About This Property
A quiet CORNER lot on Dallas Avenue and unimproved road 12th
Street. Lot is ~50'x142' with paved road frontage and new culvert.
Lot includes connection points for public water, public sewer, and
electrical. In addition, additional fill / gravel was added to
raise the lot. This area does not allow mobile homes or modular
units due to deed restrictions. RVs are allowed per the RV
Ordinance with a city issued permit. The town of Seadrift has
restaurants, a bayfront park and other amenities including a marina
and boat launches. This is a sought after fishing area with endless
boating and recreation opportunities.
This is the perfect opportunity to be a part of a great community.
This is the perfect opportunity to be a part of a great community.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$81
HOA Dues
-
Year Built
-
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: 3 months ago (HAR #98214715)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2026 | Price Decreased |
$54,900
↓ $3K
(5.2%) | |
| Price Decreased | |||
| Jun 30, 2026 | Listed by Judy L. Walker, REALTORS | $57,900 | |
| Listed by Judy L. Walker, REALTORS | |||
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Oct 11, 2021 | Listed by Pooley Land & Realty Company | $65,000 | |
| Listed by Pooley Land & Realty Company | |||
| | |||
|
Corner at 12th & Dallas Ave's (paved access on Dallas) measures 50'x142' & has water & sewer taps on site. Deed restricted to NO mobile or modular units. Location is minutes from City Harbor boat ramp, public fishing pier & bayfront park. Area is known for it's sportsfishing, birding, duckhunting opportunities. Community DOES have an RV Ordinance & requires a placement permit from City. Minimal traffic. Paid city police services, volunteer fire & EMS, public library, several retail stores, numerous eatery's. NO seller financing. Corners clearly staked (new survey if required at buyer's expense) Title policy at buyer's expense. No HOA.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Exterior Details
Lot Features: Corner Lot, 0 Up To 1/4 Acre
Lot Size Area: 0.163
Lot Size Units: Acres
Lot Size Acres: 0.163
Lot Size Square Feet: 7100.28
Water Source: Public
Financial Details
Tax Annual Amount: $971
Utilities Details
Sewer : Public Sewer
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 Seadrift
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Listed by: Traci Burrus, Judy L. Walker, REALTORS
Last Updated: 3 months ago
Data Source: HAR , MLS# 98214715
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Last Updated: 3 months ago
Data Source: HAR , MLS# 98214715
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