Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2640 County Rd 2202, Unit 2 Taft, TX 78390

    Sponsored
    For Sale
    $119,153

    LAND - Taft, TX

    Lot size:
    1.01 Acres
    Days on Market:
    317
    Last Refresh:
    Jan 29 at 9:06 am

    Property Features for 2640 County Rd 2202

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1039411
    Lot size
    1.01 Acres

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Shawn Cass
    Shawn Cass

    Cass Real Estate (361) 643-2662

    Listing agent Shawn Cass (972) 333-3727 License #0326039

    Listing date Mar 19, 2025

    MLS# 427115

    Copyright © 2026 South Texas Multiple Listing Service, LLC. 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

    Residential Lot Overlooking Nueces Bay

    Nueces Bay Tracts Phase I features 11 residential lots fronting County Road 2202. Each lot includes underground electrical access and Rincon Water District water access. This homeowner's association neighborhood overlooks Nueces Bay, the Harbor Bridge, and the Corpus Christi skyline. Situated between 42 to 46 feet above sea level, Nueces Bay Tracts is located 1.5 miles from Portland, offering country comforts with convenient access to shopping, dining, and entertainment. The price includes the land, culvert access to the property, access to water, and access to electrical. Property owners will need to install their own septic system. Nueces Bay Tracts has been redesigned to be a coastal neighborhood. Lot 2 BLK 2 measures 208.72' x 211.43' +/- and has a lot size of 1.01 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Taft
    County
    San Patricio
    State
    Texas
    Longitude
    -97.379799
    Latitude
    27.879997

    Nearby Similar for Sale

    • $1,200,000
      9,100 SF

      Taft Commercial Warehouse on 2.7 Acres

      Commercial warehouse with office space near industrial corridor and port.
      8808 County Road 1458, Taft, TX 78390
      View Details
    • $1,400,000
      15,576 SF

      Taft Retail Store on Highway

      Spacious retail store with offices, loading dock, and ample parking.
      616 U S Highway 181, Taft, TX 78390
      View Details
    • $450,000
      7,453 SF

      7,453 SF Taft Commercial Building

      Commercial building on 1.24 acres near US Highway 181.
      204 Meyer St, Taft, TX 78390
      View Details
    • $79,000
      2,403 SF

      Professional Office Building in Taft

      Office building in downtown Taft, ready for professional use.
      120 Green Ave, Taft, TX 78390
      View Details
    • $220,000
      1.07 Acres

      Waterfront Acreage in Taft, Texas

      Bayfront land with water views near Corpus Christi.
      W/2 County Road 2200, Taft, TX 78390
      View Details
    • $115,000
      1,750 SF

      Versatile Commercial Building in Taft, TX

      Commercial building with flexible layout, ideal for retail or office.
      206 Green Ave, Taft, TX 78390
      View Details
    • $9,940,280
      4,650 SF

      New Retail NNN Lease Property

      New construction retail property with a long-term NNN lease.
      89 Frontage Rd, Taft, TX
      View Details
    • $1,641,938
      10,500 SF

      New Taft Retail Investment Opportunity

      New construction Family Dollar with corporate guarantee along Highway 181.
      180 Us-181, Taft, TX
      View Details
    • $700,000

      Prime Taft Industrial Waterfront

      3.2 Acres Nueces Bay Waterfront Lots
      2250 Tbd County Rd, Taft, TX 78390
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with water and electrical access near Portland, Texas.
    Where is this residential land & home lot located?
    The property is located at 2640 County Rd 2202, Unit 2 Taft, TX.
    What is the asking price?
    The asking price for this property is $119,153.
    What are key features of this property?
    This property features: - Overlooking Nueces Bay, the Harbor Bridge, and the Corpus Christi skyline.; - Underground electrical access and Rincon Water District water access included.; - Located 1.5 miles from Portland, offering convenient access to shopping, dining, and entertainment.
    (972) 333-3727
    Request Owner's contact information
    2640 County Rd 2202, Unit 2 Taft, TX 78390
    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.
    2640 County Rd 2202, Unit 2
    Taft, TX 78390
    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
    2640 County Rd 2202, Unit 2 Taft, TX 78390
    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
    Shawn Cass
    Shawn Cass
    Real Estate License ID: 0326039
    (972) 333-3727
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.