$55,000 Last Listed Price
●
Land -
Off Market
2965 Palacios Bay Drive
Palacios, TX 77465
Studio
0 Bath
$499
Est. Monthly
$125
HOA / Fees
About This Property
In Beachside, you'll be instantly enchanted by the lush
landscaping, swaying palms, and soothing sounds of Tres Palacios
Bay. Indulge in a wealth of amenities catered to enhance your
coastal lifestyle. Dive into the sparkling pool, perfect your serve
on the tennis courts, reel in your catch at the community fishing
piers, and conveniently store your boats and RVs in the dedicated
storage area. The options are endless, including a basketball court
and much more to keep you entertained and active. Unveil your lot's
breathtaking bayside view, offering a picturesque backdrop that
embodies the essence of coastal beauty. Take advantage of the
opportunity to immerse yourself in all that this remarkable
community has to offer. Explore the possibilities of turning your
vision into a reality, creating a bespoke living space tailored to
your desires. Act now to secure this exceptional lot while it's
still available! Embrace the coastal lifestyle you've always
dreamed of at The Beachside
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
$104
HOA Dues
$125
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 #11679597)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Mar 24, 2024 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Listed by Texas Ally Real Estate Group, LLC | $55,000 | |
| Listed by Texas Ally Real Estate Group, LLC | |||
| | |||
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In Beachside, you'll be instantly enchanted by the lush landscaping, swaying palms, and soothing sounds of Tres Palacios Bay. Indulge in a wealth of amenities catered to enhance your coastal lifestyle. Dive into the sparkling pool, perfect your serve on the tennis courts, reel in your catch at the community fishing piers, and conveniently store your boats and RVs in the dedicated storage area. The options are endless, including a basketball court and much more to keep you entertained and active. Unveil your lot's breathtaking bayside view, offering a picturesque backdrop that embodies the essence of coastal beauty. Take advantage of the opportunity to immerse yourself in all that this remarkable community has to offer. Explore the possibilities of turning your vision into a reality, creating a bespoke living space tailored to your desires. Act now to secure this exceptional lot while it's still available! Embrace the coastal lifestyle you've always dreamed of at The Beachside
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Matagorda
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Listed by: James Smith, Texas Ally Real Estate Group, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 11679597
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Last Updated: 5 months ago
Data Source: HAR , MLS# 11679597
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