$288,200 Last Listed Price
●
Land -
Off Market
3517 Pelican Way
Palacios, TX 77465
Studio
0 Bath
$286,586
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Gorgeous WATERFRONT 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 as you build lasting
MEMORIES to come!
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
Land
Property Taxes
$214
HOA Dues
$125
Year Built
-
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: 5 months ago (HAR #2088874)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Aug 7, 2023 | Listed by ListWithFreedom.com | $288,200 | |
| Listed by ListWithFreedom.com | |||
| | |||
|
Gorgeous WATERFRONT 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 as you build lasting MEMORIES to come!
| |||
Property Highlights
With View
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Salvador Caballero, ListWithFreedom.com
Last Updated: 5 months ago
Data Source: HAR , MLS# 2088874
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: 5 months ago
Data Source: HAR , MLS# 2088874
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017