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

    Vista Merlot, Unit 149 Port O' Connor, TX 77982

    Sponsored
    For Sale
    $149,900

    LAND - Port O'Connor, TX

    Lot size:
    0.27 Acres
    Days on Market:
    26
    Last Refresh:
    Jan 23 at 3:06 pm

    Property Features for Vista Merlot

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    74449
    Patio and Porch features
    Deck
    Exterior features
    Deck, Dock
    Lot size
    0.27 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    The Zaplac Group

    Coldwell Banker D'Ann Harper, REALTORS® (210) 483-7004

    Listing agent The Zaplac Group (361) 412-4050

    Listing date Dec 29, 2025

    MLS# 550504

    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

    Residential Lot in Gated Community

    This residential lot is located within a gated community that offers various amenities and convenient access to the waterway. The property features a view of a small island populated with birds and hermit crabs. Dolphins are frequently observed near the dock. Community amenities include a marina, clubhouse, swimming pool, tennis courts, and fishing piers. The location provides access to inshore and offshore fishing, as well as birding opportunities. A boat house with storage has already been constructed on the property. A fish cleaning table is available, and the dock is equipped with a fresh waterline and electricity. The boat lift is ready for boat accommodation, with additional open space suitable for docking a yacht. The lot size is 0.2744 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Port O' Connor
    County
    Calhoun
    State
    Texas
    Longitude
    -96.491848
    Latitude
    28.409616

    Nearby Similar for Sale

    • $1,690,000
      6,300 SF

      Port O'Connor RV Park

      48-slot RV park with bungalow and boat barns.
      3312 W Monroe St, Port O' Connor, TX 77982
      View Details
    • $590,000
      2,943 SF

      Port O'Connor Multifamily Property

      Fourplex with oversized boat barn on two corner lots.
      512 W Adams St, Port O' Connor, TX 77982
      View Details
    • $289,000
      1,200 SF

      Retail Opportunity in Port O'Connor

      1200 SF retail space in prime Port O'Connor location.
      215 W Adams Ave, Port O' Connor, TX 77982
      View Details
    • $255,000
      0.25 Acres

      RV Carport and Storage Building

      Cleared lot with RV carport, storage, and utilities in POC.
      501 W Maple St, Port O' Connor, TX 77982
      View Details
    • $275,000
      0.16 Acres

      Port O'Connor RV-Ready Lot

      RV-ready lot with water views near Kingfisher Beach.
      109 S Washington Blvd, Port O' Connor, TX 77982
      View Details
    • New
      $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
    • $299,000
      2.00 Acres

      Waterfront RV-Friendly Land Available

      Two-acre waterfront tract suitable for RVs or building.
      124 Riley Ln, Port O' Connor, TX 77982
      View Details
    • $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
    • $179,000
      0.44 Acres

      Waterfront Lot in Port O'Connor

      Waterfront lot with access to amenities in Port O'Connor.
      352 E Arbor Vis, Port O' Connor, TX 77982
      View Details
    • $224,900
      0.24 Acres

      Port O'Connor RV Lot

      RV lot near Kingfisher Beach with drive-through access.
      202 S 5 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
    • $525,000
      3,261 SF

      Corner Lot with Rental Income

      1.84 acres with rental houses and RV slots.
      1681 W Adams St, Port O' Connor, TX 77982
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with waterway access, amenities, and boat facilities.
    Where is this residential land & home lot located?
    The property is located at Vista Merlot, Unit 149 Port O' Connor, TX.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Gated community with marina access and waterway proximity.; - Existing boat house with storage, fish cleaning table, and dock with utilities.; - Boat lift ready for use, plus additional yacht docking space.
    (361) 541-4100
    Request Owner's contact information
    Vista Merlot, Unit 149 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.
    Vista Merlot, Unit 149
    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
    Vista Merlot, Unit 149 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
    The Zaplac Group
    (361) 541-4100
    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.