$38,500 Last Listed Price
●
Land -
Off Market
195 Bayview Drive
Palacios, TX 77465
Studio
0 Bath
$38,395
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
This stunning property is located in the exclusive gated community
of Cape Carancahua and is perfect for those looking for a peaceful
and private lifestyle. With a lot size of 0.32 acres, this property
consists of 2 lots and features 5 beautiful Oak trees that provide
plenty of shade and privacy. The property comes equipped with a
water connection and a 200 amp electric service, making it easy to
build your dream home or simply enjoy the property with an RV. Cape
Carancahua is a unique community that offers a range of amenities
for its residents, including lighted fishing piers, boat ramp,
swimming pool, and tennis courts. With easy access to nearby shops,
restaurants, and entertainment, this property is ideal for those
looking to escape the hustle and bustle of the city and enjoy a
peaceful lifestyle in a gorgeous natural setting.
Don't miss out on this incredible opportunity to own a piece of paradise in the beautiful Cape Carancahua Community.
Don't miss out on this incredible opportunity to own a piece of paradise in the beautiful Cape Carancahua Community.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$36
HOA Dues
$33
Year Built
-
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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: 5 months ago (HAR #68797917)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Price Decreased |
$289,000
↓ $44K
(13.2%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed by RE/MAX Land & Homes on the Bay | $332,850 | |
| Listed by RE/MAX Land & Homes on the Bay | |||
   | |||
|
Welcome to the gated coastal community of Cape Carancahua! New 3brm, 2 bth home offers modern elegance w/a relaxed coastal charm. Inside features luxury vinyl plank flooring, perfect for easy maintenance. Open-concept kitchen, featuring quartz countertops, tiled backsplash, oversized island & Whirlpool appliances. The primary suite is a private retreat, boasting a large tiled walk-in shower, a walk-in closet, & double vanity. Inside utility room adds convenience to your daily routine. The Cape offers a boat ramp, 2 swimming pools, tennis & basketball court, driving range, fishing pier, playground, picnic area & a covered pavilion to it's residents. Dock into Cape Carancahua Bay, w/easy access to Keller Bay & Matagorda Bay, you’ll enjoy some of the best fishing on the Texas Coast. Whether you’re looking for a full-time residence or a weekend getaway, this home offers the perfect blend of coastal beauty and modern comfort. *see pic descriptions for virtually staged photos
| |||
| Jul 19, 2023 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Justin Guyer, RE/MAX Professionals
Last Updated: 5 months ago
Data Source: HAR , MLS# 68797917
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Last Updated: 5 months ago
Data Source: HAR , MLS# 68797917
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