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    000 Fm 2668 Bay City, TX 77414

    Pending
    For Sale
    $18,795,000

    Farm/Ranch,Intracoastal Waterway, Land - Bay City, TX

    Type:Farm
    Lot size:
    1,247.00 Acres
    Days on Market:
    678
    Last Refresh:
    Dec 10 at 11:06 pm

    Property Features for 000 Fm 2668

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Pending
    Exterior features
    Corrals, Loading Chute, Fence
    Fencing
    Fenced
    Lot size
    1,247.00 Acres

    Building Details

    Architectural style
    Ranch
    Additional Structures
    Corral(s)

    Thompson Land Company (979) 323-8868

    Listing agent Lindsey Thompson (979) 323-8868

    Listing date Feb 2, 2024

    MLS# 776893 Listing URL

    Copyright © 2025 Matagorda County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Farm/Ranch Land Near Waterway

    This 1247 acre property is located on the navigable Colorado River and Intracoastal Waterway. Situated near the Port of Bay City and Oxea Chemical Plant, the land offers potential for various uses. Industrial water is accessible from the Lower Colorado River Authority (LCRA). Natural gas pipelines traverse the property, which also has a history of oil and gas production. Rail service from BNSF is located almost to the front gate. Currently AG exempt, the property is prime farm and ranch land.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Matagorda
    State
    Texas
    Longitude
    -95.9528506
    Latitude
    28.963998

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    FAQs

    What type of property is this?
    Farm - 1247 acre farm/ranch land near Intracoastal Waterway in Bay City.
    Where is this farm located?
    The property is located at 000 Fm 2668 Bay City, TX.
    What is the asking price?
    The asking price for this property is $18,795,000.
    What are key features of this property?
    This property features: - Navigable Colorado River/Intracoastal Waterway Frontage; - Rail service from BNSF is almost to the front gate.; - Industrial water availability from LCRA
    (979) 323-8868
    Request Owner's contact information
    000 Fm 2668 Bay City, TX 77414
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    Bay City, TX 77414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Fm 2668 Bay City, TX 77414
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