$28,000 Last Listed Price
●
Land -
Off Market
205 Calumet Drive
Palacios, TX 77465
Studio
0 Bath
$196
Est. Monthly
$33
HOA / Fees
About This Property
Discover the perfect spot for your dream home or RV destination on
this expansive 0.33-acre double lot in the exclusive, gated
community of Cape Carancahua. Nestled between Palacios and Port
Lavaca on State Hwy 35, this 530-acre private residential resort
offers the best of coastal living on Carancahua Bay, with access to
Matagorda Bay and the Gulf of Mexico. Enjoy top-tier amenities
including a community water supply, boat launch, boat trailer
parking, three illuminated fishing piers, two sparkling swimming
pools, two tennis courts, a playground, parks, wildlife-rich
wetlands, a community center, and an outdoor picnic pavilion.
Embrace the unparalleled coastal ambiance and make Cape Carancahua
your new home.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$25
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 #91528756)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by RE/MAX Professionals | $28,000 | |
| Listed by RE/MAX Professionals | |||
| | |||
|
Discover the perfect spot for your dream home or RV destination on this expansive 0.33-acre double lot in the exclusive, gated community of Cape Carancahua. Nestled between Palacios and Port Lavaca on State Hwy 35, this 530-acre private residential resort offers the best of coastal living on Carancahua Bay, with access to Matagorda Bay and the Gulf of Mexico. Enjoy top-tier amenities including a community water supply, boat launch, boat trailer parking, three illuminated fishing piers, two sparkling swimming pools, two tennis courts, a playground, parks, wildlife-rich wetlands, a community center, and an outdoor picnic pavilion. Embrace the unparalleled coastal ambiance and make Cape Carancahua your new home.
| |||
| Jan 10, 2022 | Sold | ||
| Sold | |||
| Jun 26, 2021 | Listed by RE/MAX Professionals | $21,000 | |
| Listed by RE/MAX Professionals | |||
| | |||
|
Build ready lots, centrally located in the Gated Coastal Community of Cape Carancahua. Bring your RV for the weekend or build your dream home on these 2 premium lots. Water connection is available through the community water supply company and electric and septic can be added at owner's expense. Neighborhood amenities include: Fishing Piers, Boat Ramp, Outdoor Pavilion, Tennis Courts, Recreation Center, Playground, 2 Pools and relaxing atmosphere.
| |||
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# 91528756
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Last Updated: 5 months ago
Data Source: HAR , MLS# 91528756
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