Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    263 W Burgundy Bay, Unit 263 Port O' Connor, TX 77982

    View on Map
    Sponsored
    For Sale
    $79,500

    LAND - Port O'Connor, TX

    Lot size:
    0.37 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 5 at 12:06 pm

    Property Features for 263 W Burgundy Bay

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    74035
    Exterior features
    Lighting, Storage
    Lot size
    0.37 Acres

    Utilities

    Water front features
    Canal Access
    Water front
    1

    Building Details

    Additional Structures
    Storage

    We can help!

    Listing Contact
    Brenda Carter
    Brenda Carter

    Russell Cain Real Estate Port O'Connor

    Listing agent Brenda G Carter (361) 983-4371 License #0465824

    Listing date Mar 2, 2026

    MLS# 589570

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Waterfront Lot in Gated Community

    This 3/8 acre waterfront lot is located in The Sanctuary at Costa Grande. The property offers 86 feet of bulkheaded water frontage, suitable for building a custom coastal home. The gated community provides amenities such as a resort-style pool, clubhouse, marina, boat ramp, and fishing piers. The lot is located in Burgundy Bay 263 and is ready for construction. It is intended for building a primary residence, vacation getaway, or investment property. The property is located in Port O'Connor, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Port O' Connor
    County
    Calhoun
    State
    Texas
    Longitude
    -96.485294
    Latitude
    28.417353

    Nearby Similar for Sale

    • New
      $599,000
      1.04 Acres

      Waterfront Lot in Port O'Connor

      Waterfront 1.04-acre lot with bay views in Port O'Connor.
      15 Bahia Vis Ln, Port O' Connor, TX 77982
      View Details
    • $429,000

      Port O'Connor Specialty Property

      Specialty property available for sale in Port O'Connor, TX.
      2824 W Harrison Ave, Port O' Connor, TX 77982
      View Details
    • $249,800

      Waterfront Lot with Boathouse

      Waterfront property featuring a boathouse and community amenities.
      157 Vis, Port O' Connor, TX 77982
      View Details
    • $549,900

      Port O'Connor Specialty Property

      Specialty property available in Port O'Connor, Texas.
      804 W Tyler Ave, Port O' Connor, TX 77982
      View Details
    • $1,072,000

      Port O'Connor Specialty Property

      Specialty property available for sale in Port O'Connor, Texas.
      2062 W Harrison Ave, Port O' Connor, TX 77982
      View Details
    • $520,000

      Three-Bedroom Condo with Water Views

      Condo with open floor plan, close to the water.
      1402 W Commerce St, Port O' Connor, TX 77982
      View Details
    • $198,500

      RV Canopy with Living Space

      Port O'Connor lot with RV canopy and living space.
      1872 W Harrison Ave, Port O' Connor, TX 77982
      View Details
    • $295,000

      RV Slots on Large Tract

      Unrestricted drive-thru lot with RV hook-ups and cabin.
      95 Blue St, Port O' Connor, TX 77982
      View Details
    • $225,000
      360 SF

      Port O'Connor Getaway with RVs

      Two lots with garage, boat shed, pool, RVs, mower.
      lot 7 & 8 11 St, Port O' Connor, TX 77982
      View Details
    • $415,000
      0.17 Acres

      Waterfront Lot with Boat Slings

      Waterfront lot in Caracol community with boat house and dock.
      8 Ancilla Dr, Port O' Connor, TX 77982
      View Details
    • $580,000
      2,943 SF

      Port O'Connor Income Property

      Fourplex with oversized boat barn on two corner lots.
      512 W Adams St, Port O' Connor, TX 77982
      View Details
    • $95,000
      0.29 Acres

      Waterfront Lot in Port O'Connor

      Dock-able waterfront lot with subdivision amenities in Port O'Connor.
      160 Chateau Way, Port O' Connor, TX 77982
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 3/8 acre waterfront lot with 86 feet of frontage.
    Where is this waterfront land located?
    The property is located at 263 W Burgundy Bay, Unit 263 Port O' Connor, TX.
    What is the asking price?
    The asking price for this property is $79,500.
    What are key features of this property?
    This property features: - **86 feet of bulkheaded waterfrontage offering direct water access and views.**; - Located in The Sanctuary at Costa Grande, a gated community with resort-style amenities.; - Spacious 3/8 acre lot provides ample space for custom home design and construction.
    (361) 920-2005
    Request Owner's contact information
    263 W Burgundy Bay, Unit 263 Port O' Connor, TX 77982
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    263 W Burgundy Bay, Unit 263
    Port O' Connor, TX 77982
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    263 W Burgundy Bay, Unit 263 Port O' Connor, TX 77982
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brenda Carter
    Brenda Carter
    Real Estate License ID: 0465824
    (361) 920-2005 (361) 983-4371
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!