$75,000
↓ $5K (6.1%)
●
Land -
For Sale
937 Bayview Drive
Palacios, TX 77465
Studio
0 Bath
$469
Est. Monthly
$50
HOA / Fees
About This Property
Welcome to 937 Bayview Dr, nestled in the exclusive, gated
waterfront community of Cape Carancahua! This exceptional property
spans 3 lots with stunning views of Carancahua Bay to the south,
perfect for enjoying tranquil sunsets. Offering RV-ready amenities,
it includes a storage shed, an asphalt driveway, electric service,
water connection, and a septic tank. The community boasts
incredible amenities, including two pools, a boat ramp, three
fishing piers, a playground, community center, covered pavilion,
and tennis courts-ideal for relaxation and recreation. Whether
you're looking for a weekend getaway or a permanent retreat, this
property has everything you need to enjoy coastal living at its
finest.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
$51
HOA Dues
$50
Year Built
-
Listed By
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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: 2 months ago (HAR #73664667)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$75,000
↓ $5K
(6.1%) | |
| Price Decreased | |||
| Mar 30, 2026 | Price Decreased |
$79,900
↓ $7K
(8.2%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by RE/MAX Professionals | $87,000 | |
| Listed by RE/MAX Professionals | |||
| Feb 10, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by RE/MAX Professionals | $75,000 | |
| Listed by RE/MAX Professionals | |||
| | |||
|
Waterview lots in gated Cape Carancahua community, available to enjoy as an RV destination or build that coastal home you've been dreaming of. Three consecutive lots comprised of 0.48 acres with asphalt driveway, storage shed, septic, electric and water service. Cape Carancahua is located between and just minutes from shopping, schools, dining and a plethora of activities along the Texas gulf coast. Recreational facilities and amenities in the Cape include lighted fishing piers, boat ramp, community center, playground, tennis courts, 2 swimming pools and a relaxed atmosphere!
| |||
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Property Highlights
With View
Exterior Details
Lot Features: Interior Lot, Level, Cleared, Build Line Restricted, Conservation District, Subdivision, 1/4 Up to 1/2 Acre, Other Lot Improvements
Lot Size Area: 0.48
Lot Size Units: Acres
Lot Size Acres: 0.48
Lot Size Square Feet: 20908.8
Lot Size Dimensions: 190 x 109 x 174 x 112
Tax Lot: 549-551
Water Source: Public
Financial Details
Tax Annual Amount: $608
Utilities Details
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Amenities: Beach Access, Boat Dock, Boat Slip, Clubhouse, Park, Party Room, Picnic Area, Playground, Pool, Tennis Court(s), Controlled Access
HOA Fee: $600
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Jackson
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Listed by: Justin Guyer, RE/MAX Professionals
Last Updated: 2 months ago
Data Source: HAR , MLS# 73664667
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Last Updated: 2 months ago
Data Source: HAR , MLS# 73664667
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