Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Acres in Redfish Retreat Title is generated by Realmo AI

    Evening Point lot 356, Port Lavaca, TX 77979

    View on Map
    Claim this Listing
    For Sale
    $50,000

    LAND - Port Lavaca, TX

    Lot size:
    1.30 Acres
    Added:
    Nov 5, 2024
    Days on Market:
    578
    Last Refresh:
    Jun 6 at 7:06 am

    Property Features for Evening Point lot 356

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    90096
    Lot size
    1.30 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    REDFISH RETREAT SUBD PHASE 3 (PORT LAVACA), LOT 356
    Tax Annual Amount
    1309

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    Jenny Shimek

    Listing agent Jenny Shimek License #0783926

    Listing office Shaw Realty 5001-D John Stockbauer, TX

    Listing date Nov 5, 2024

    MLS# 561815 Listing URL

    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.

    HighLights

    • 1.29 waterfront acres
    • Located in the secluded Redfish Retreat waterfront community
    • Gorgeous water views
    • Ultimate privacy and tranquility
    • Priced below market value
    • Public water and sewer

    Overview

    This property features 1.2965 waterfront acres situated within the Redfish Retreat waterfront community. The land offers water views, privacy and tranquility. It is suitable for building a dream home or an investment property.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Port Lavaca
    County
    Calhoun
    State
    Texas
    Longitude
    -96.63441
    Latitude
    28.579738

    Nearby Similar for Sale

    • $599,000
      6,800 SF

      Income-Producing Commercial Property For Sale

      Commercial property with immediate cash flow and future use potential.
      5633 Hwy 238, Port Lavaca, TX 77979
      View Details
    • $599,000
      6,800 SF

      Port Lavaca Commercial Storage Facility

      Income-producing commercial property with storage, shop, and office space.
      5633 Hwy 238, Port Lavaca, TX 77979
      View Details
    • $175,000
      3,327 SF

      Turnkey Medical/Office Property in Port Lavaca

      Versatile commercial property suited for medical or general office use.
      605 N Virginia Street, Port Lavaca, TX 77979
      View Details
    • $700,000
      2,196 SF

      Port Lavaca Commercial Opportunity

      Commercial property with high traffic count in Port Lavaca.
      312 Travis Street, Port Lavaca, TX 77979
      View Details
    • $850,000
      5,612 SF

      Port Lavaca Commercial Property

      Versatile 5,600+ sqft building on 1.4+ acres.
      1205 W Austin Street, Port Lavaca, TX 77979
      View Details
    • $2,850,000
      22,271 SF

      Turnkey Seafood Business & Real Estate

      Established seafood business and real estate on 4.59 acres.
      2241 State Highway 35, Port Lavaca, TX 77979
      View Details
    • $949,500

      Unrestricted Commercial Land on Highway 87

      34.34 acres of unrestricted commercial land on Highway 87.
      4236 US Highway 87, Port Lavaca, TX 77979
      View Details
    • $699,000

      Highway Frontage Development Opportunity

      11.69-acre tract with highway frontage, ideal for development.
      Hwy 87, Port Lavaca, TX 77979
      View Details
    • $299,000
      21,760 SF

      Income-Producing RV Park Near Beach

      RV park near Magnolia Beach with waterviews and income potential.
      1327 N Ocean Drive, Port Lavaca, TX 77979
      View Details
    • $949,500

      Unrestricted Commercial Land on Highway 87

      34.34 acres of unrestricted commercial land on Highway 87.
      4236 US Highway 87, Port Lavaca, TX 77979
      View Details
    • $699,000

      Highway Frontage Development Opportunity

      11.69-acre commercial tract with highway frontage in Port Lavaca.
      Hwy 87, Port Lavaca, TX 77979
      View Details
    • $199,000
      3,168 SF

      Port Lavaca Three-Unit Rental Property

      Value-add three-unit rental property near Port Lavaca bayfront.
      120 Haviland Street, Port Lavaca, TX 77979
      View Details

    FAQs

    What type of property is this?
    Land - 1.29 acres in Redfish Retreat waterfront community.
    Where is this land located?
    The property is located at Evening Point lot 356 Port Lavaca, TX.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: 1.29 waterfront acres; Located in the secluded Redfish Retreat waterfront community; Gorgeous water views
    (361) 465-0265
    We can help!
    Listing Contact
    Jenny Shimek
    Real Estate License ID: 0783926
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Evening Point lot: 356, Port Lavaca, TX 77979
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!