24
Map
Video Tour
$1,590,013
●
Land -
For Sale
2131 Hwy 87
Crystal Beach, TX 77650
Studio
0 Bath
$7,808
Est. Monthly
About This Property
Exceptional 67-acre bayside investment on the Intracoastal Waterway
featuring ±460 ft of water frontage including access to a potential
inland marina. Offers ±18 acres ready for residential or commercial
development, with dual access via Hwy 87 and Bob's Road. A serene
pond adds over 750 ft of shoreline for crabbing, fishing, and
sunset viewing. The landscape blends privacy, recreational
potential, and panoramic views. Positioned in Crystal Beach's
growth corridor, it's suited for hospitality, eco-tourism, or
legacy estate creation. Survey and Phase 1 environmental study
already completed to streamline due diligence. With versatile
terrain and proximity to infrastructure, this portfolio is primed
for visionaries seeking coastal access, strategic positioning, and
lasting impact. FEMA Insured, Also additional 7 acre goat island
parcel included.
Unit Size
-
Days on Market
-
Land Size
74.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 8 months ago (HAR #79803600)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2026 | Listed by eXp Realty LLC | $1,590,013 | |
| Listed by eXp Realty LLC | |||
| Feb 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 30, 2025 | Listed by Cobb Real Estate | $1,590,013 | |
| Listed by Cobb Real Estate | |||
| | |||
|
Exceptional 67-acre bayside investment on the Intracoastal Waterway featuring ±460 ft of water frontage including access to a potential inland marina. Offers ±18 acres ready for residential or commercial development, with dual access via Hwy 87 and Bob’s Road. A serene pond adds over 750 ft of shoreline for crabbing, fishing, and sunset viewing. The landscape blends privacy, recreational potential, and panoramic views. Positioned in Crystal Beach’s growth corridor, it’s suited for hospitality, eco-tourism, or legacy estate creation. Survey and Phase 1 environmental study already completed to streamline due diligence. With versatile terrain and proximity to infrastructure, this portfolio is primed for visionaries seeking coastal access, strategic positioning, and lasting impact. FEMA Insured, Also additional 7 acre goat island parcel included.
| |||
Property Highlights
With View
Exterior Details
Waterfront Features: Bayfront, Lake Front
Lot Features: Level, Waterfront, Can Be Subdivided, 50 or more Acres
Lot Size Area: 74
Lot Size Units: Acres
Lot Size Acres: 74
Lot Size Square Feet: 3223440
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 Bolivar Peninsula
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mark DeSantis, eXp Realty LLC
Last Updated: 8 months ago
Data Source: HAR , MLS# 79803600
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 8 months ago
Data Source: HAR , MLS# 79803600
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017