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    Waterfront Corner Land Package Title is generated by Realmo AI

    1348 Ocean lot 7-12, Ingleside, TX 78362

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    Claim this Listing
    New
    For Sale
    $550,000

    LAND - Ingleside, TX

    Lot size:
    0.80 Acres
    Added:
    Jun 6, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 7 at 5:06 am

    Property Features for 1348 Ocean lot 7-12

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    63146
    Lot size
    0.80 Acres

    Taxes and HOA fees

    Tax Description
    TRACT 1: OLD INGLESIDE TOWNSITE BLK 4 LOTS 7 THRU 12, 20X300 ALLEY TRACT II: 0.177 - ACRES WATERFRONT TRACT OF LAND, SITUATED IN SAN PATRICIO COUNTY

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

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    Listing Contact
    Autumn MacLeod
    Autumn MacLeod

    Listing agent Autumn MacLeod License #0609498

    Listing office Vaden MacLeod Real Estate 2756 Main St, Ingleside, TX

    Listing date Jun 6, 2026

    MLS# 477665 Listing URL

    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.

    HighLights

    • Oversized corner property offering six freshly prepared lots with water views
    • Includes a separate waterfront parcel directly across the street
    • Public water available; city water lines are present (previous home on the lot)
    • Public sewer available; city sewer lines are present (previous home on the lot)
    • Conveniently located near a public boat launch
    • Buyers should verify utilities, zoning, and any easements with the city

    Overview

    This for-sale offering presents buildable corner land designed for creating a coastal home or multiple residences. The package includes six freshly prepared lots, and the property is described as having beautiful water views. The sale also includes a separate waterfront parcel directly across the street, providing additional shoreline access for leisure and recreation.

    The property is located in Ingleside, Texas. The remarks note proximity to a public boat launch, which may appeal to buyers who want convenient water access. Because there was previously a home on the lot, the seller states that city water and city sewer lines are already present; buyers are encouraged to confirm utility capacity and any other requirements with city personnel.

    For developers, builders, and buyers looking for flexible coastal planning, the combination of multiple lots and an included waterfront parcel creates options for layout and outdoor living. This site may also fit buyers seeking a primary residence, a vacation home, or a weekend getaway where water views are part of the property’s core appeal. As with any land transaction, buyers should review zoning, easements, and utility details with the appropriate city departments prior to finalizing plans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Bar & Pub Grocery & Convenience Store Bed & Breakfast Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ingleside
    County
    San Patricio
    State
    Texas
    Longitude
    -97.220901
    Latitude
    27.838661

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    FAQs

    What type of property is this?
    Waterfront Land - Buildable corner land with multiple lots and water views, plus a separate waterfront parcel included across the street.
    Where is this waterfront land located?
    The property is located at 1348 Ocean lot 7-12 Ingleside, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Oversized corner property offering six freshly prepared lots with water views; Includes a separate waterfront parcel directly across the street; Public water available; city water lines are present (previous home on the lot)
    (361) 523-1494
    We can help!
    Listing Contact
    Autumn MacLeod
    Autumn MacLeod
    Real Estate License ID: 0609498
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    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.

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