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Matagorda 77465
3028 Peninsula Point Drive
$115,800 Last Listed Price
● Land - Off Market

3028 Peninsula Point Drive

Palacios, TX 77465
bedrooms
Studio
bathrooms
0 Bath
$771
Est. Monthly
$125
HOA / Fees

About This Property

Welcome to a new coastal community destined to become one of the most coveted addresses on the Texas Gulf Coast in historic Palacios, Texas. The Beachside is enchanting from the moment you enter, you will be greeted by lush landscaping and swaying palms serenaded by the soothing sounds of Tres Palacios Bay. Beautiful clubhouse and other recreational facilities, including a pool, 2 Tennis Courts, Community Fishing Piers, Boat/RV storage, Basketball Court, and many others, are complete. Come see everything this community has to offer.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$77
HOA Dues
$125
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (HAR #44109986)

Price History

Date / Event Date Event Price
Dec 10, 2023 Sold
Premium
Sold
Oct 17, 2023 Listed by ListWithFreedom.com $115,800
Listed by ListWithFreedom.com
Welcome to a new coastal community destined to become one of the most coveted addresses on the Texas Gulf Coast in historic Palacios, Texas. The Beachside is enchanting from the moment you enter, you will be greeted by lush landscaping and swaying palms serenaded by the soothing sounds of Tres Palacios Bay. Beautiful clubhouse and other recreational facilities, including a pool, 2 Tennis Courts, Community Fishing Piers, Boat/RV storage, Basketball Court, and many others, are complete. Come see everything this community has to offer.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,794
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 620
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000248
  • Standard Land Use Code: 8000
  • County Land Use Code: C3
  • Legal Description 1: BEACHSIDE, LOT 125

Neighborhood

  • School District Name: Palacios Independent School District
  • School Tax School District: 63 90
  • Census Tract: 730600

Geography

  • Account Number: 1395-0000-012500
  • Parcel: 89095
  • Lot: 125
  • Municipality: PALACIOS
  • Latitude: 28.6922
  • Longitude: -96.2447

    Address

  • Full Address: 3028 Palacios Bay
  • Address - House Number: 3028
  • Address - Street Name: Palacios Bay
  • State: TX
  • City Name: Palacios
  • Zip Code: 77465

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $104,066
  • Tax Rate Code Area: 10 23 31 4

    Market Valuation

  • Market Total Value: $44,750
  • Market Land Value: $44,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,750
  • Assessed Land Value: $44,750

    Sales

  • Current Sale Contract Date: Mar 26, 2015
  • Current Sale Recording Date: Mar 31, 2015
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2015-001655
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Matagorda

Stats & Trends

Median Asking:

$257,900

Sale Price/ft²

$158

Below Asking

0.04%

Average Days on Market

87

Average Home Size

1670 ft²

Average Home Age

37.2 years

Currently For Sale

316 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1104 Rorem Avenue, Palacios, TX, 77465

$650 /mo

  • 1 Bed
  • 1 Bath
  • 192 ft²
1104 Rorem Avenue #3, Palacios, TX, 77465 Listing by Ronald Linton

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Salvador Caballero, ListWithFreedom.com
Last Updated: 4 months ago
Data Source: HAR , MLS# 44109986
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.

Frequently Asked Questions

When was property at 3028 Peninsula Point Drive built and last sold?
The property at 3028 Peninsula Point Drive was built in and last sold on Mar 26, 2015 for $0.
How much is this home worth?
The estimated value of the home located at 3028 Peninsula Point Drive is $116,958.
What are some comparable homes to 3028 Peninsula Point Drive?
There are currently no comparable homes to 3028 Peninsula Point Drive.
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