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    Cor Houston & 5, Unit 19-24 Portland, TX 78374

    For Sale
    $375,000

    LAND - Portland, TX

    Lot size:
    0.49 Acres
    Days on Market:
    180
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for Cor Houston & 5

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OT2LED
    APN
    72281
    Lot size
    0.49 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Cass Real Estate (361) 643-2662

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

    Listing date Jun 12, 2025

    MLS# 419702 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Land in Portland, TX

    Located in Portland's Old Town 2 Leisure & Entertainment District (LED), these six lots offer an opportunity for business or residential development. The limited availability of parcels in the LED positions investors to capitalize on Portland's growth, tourism, and future. The location allows for beer and wine sales. The City of Portland Families on Fifth property, recent sales, a new bakery, and new construction for retail and restaurant centers indicate the potential of Old Town 2's LED. The property features 150 feet of frontage along Houston Street, which leads to Sunset Lake's Hike/Bike trail, and 142.5 feet along Fifth Street. It also includes 150 feet along an abandoned 15-foot alley and a shared 142.5-foot border with the tract to the south. The property has a wide concrete entry on Houston Street, is fully fenced, and has two entry gates on Fifth Street. The mixed-use zoning is intended to make this area a destination.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Portland
    County
    San Patricio
    State
    Texas
    Longitude
    -97.2907
    Latitude
    27.9445

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    FAQs

    What type of property is this?
    Commercial land - Six lots in Portland's Old Town 2 Leisure & Entertainment District.
    Where is this commercial land located?
    The property is located at Cor Houston & 5, Unit 19-24 Portland, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime location in Portland's Old Town 2 Leisure & Entertainment District (LED) with limited available parcels.; - Mixed-use zoning allows for diverse business and residential development opportunities.; - Permitted beer/wine sales within the LED.
    (972) 333-3727
    Request Owner's contact information
    Cor Houston & 5, Unit 19-24 Portland, TX 78374
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    Portland, TX 78374
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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

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    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
    Cor Houston & 5, Unit 19-24 Portland, TX 78374
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