$109,590 Last Listed Price
●
Land -
Off Market
3040 Sandy Lane
Palacios, TX 77465
Studio
0 Bath
$108,976
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Gorgeous lot in the Beachside community in Palacios! Escape from
the hustle and bustle of city life and replace with the serenity of
the water! Beautiful Opportunities are afforded here as you can
build your homestead or simply have your own Income producing VRBO!
Enjoy views of the bay from the east and south side of the lot.
Beachside Community offers a quiet, GATED, waterfront community
with grand amenities such as a Club House, RESORT Style POOL,
Basketball Court, Tennis Court, playground, 3 Future community
piers (one available now), with a Future MARINA to come!!! Storage
is also available!! Underground utilities are installed with paved
roads running throughout, elevating the style of this hidden GEM!
Create your legacy here for yourself or build lasting
MEMORIES to come!
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$77
HOA Dues
-
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: 4 months ago (HAR #60737713)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Aug 5, 2023 | Listed by ListWithFreedom.com | $109,590 | |
| Listed by ListWithFreedom.com | |||
| | |||
|
Gorgeous lot in the Beachside community in Palacios! Escape from the hustle and bustle of city life and replace with the serenity of the water! Beautiful Opportunities are afforded here as you can build your homestead or simply have your own Income producing VRBO! Enjoy views of the bay from the east and south side of the lot. Beachside Community offers a quiet, GATED, waterfront community with grand amenities such as a Club House, RESORT Style POOL, Basketball Court, Tennis Court, playground, 3 Future community piers (one available now), with a Future MARINA to come!!! Storage is also available!! Underground utilities are installed with paved roads running throughout, elevating the style of this hidden GEM! Create your legacy here for yourself or build lasting MEMORIES to come!
| |||
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: Salvador Caballero, ListWithFreedom.com
Last Updated: 4 months ago
Data Source: HAR , MLS# 60737713
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Last Updated: 4 months ago
Data Source: HAR , MLS# 60737713
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