$12,000 Last Listed Price
●
Land -
Off Market
88 Calumet Drive
Palacios, TX 77465
Studio
0 Bath
$96
Est. Monthly
$17
HOA / Fees
About This Property
Ready to build full-time home or weekend RV getaway in the
beautiful and gated waterfront community of Cape Carancahua. Nice
size lot, 66' x 115' with a waterview. Located on State Hwy 35
between Palacios & Port Lavaca, you are minutes from shopping,
dining and entertainment and Victoria and Bay City are only 40 mins
away. Relaxed, fun and friendly atmosphere with 2 swimming pools,
Tennis, Boat Ramp, Lighted Fishing Piers, Golf Chipping Range,
Biking, Volleyball, Nature Preserves, Playground, Covered Pavilion
and Community Center. Cape Carancahua offers well maintained roads,
drainage, homes and yards and access to groceries, Volunteer Fire
Dept. and Palacios ISD bus route. Aerobic septic system needed for
sewer and water connection is available through Cape Carancahua
Water Supply Corp. Begin your Texas Coastal Dream today!
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
$20
HOA Dues
$17
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 #87109868)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | Listed by RE/MAX Professionals | $12,000 | |
| Listed by RE/MAX Professionals | |||
| Oct 23, 2024 | No longer available | - | |
| No longer available | |||
| May 4, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 24, 2024 | Listed by RE/MAX Professionals | $12,000 | |
| Listed by RE/MAX Professionals | |||
| | |||
|
Ready to build full-time home or weekend RV getaway in the beautiful and gated waterfront community of Cape Carancahua. Nice size lot, 66' x 115' with a waterview. Located on State Hwy 35 between Palacios & Port Lavaca, you are minutes from shopping, dining and entertainment and Victoria and Bay City are only 40 mins away. Relaxed, fun and friendly atmosphere with 2 swimming pools, Tennis, Boat Ramp, Lighted Fishing Piers, Golf Chipping Range, Biking, Volleyball, Nature Preserves, Playground, Covered Pavilion and Community Center. Cape Carancahua offers well maintained roads, drainage, homes and yards and access to groceries, Volunteer Fire Dept. and Palacios ISD bus route. Aerobic septic system needed for sewer and water connection is available through Cape Carancahua Water Supply Corp. Begin your Texas Coastal Dream today!
| |||
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Listed by: Justin Guyer, RE/MAX Professionals
Last Updated: 5 months ago
Data Source: HAR , MLS# 87109868
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Last Updated: 5 months ago
Data Source: HAR , MLS# 87109868
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