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    7051 Lake Arthur Dr Port Arthur, TX 77642

    For Sale
    $650,000

    High-density residential land; prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 6.7-acre tract in Port Arthur, Texas, presents a remarkable investment opportunity. Located at 7051 Lake Arthur Dr, zip code 77642, Jefferson County, this property is zoned HDR (High Density Residential), opening doors to a wide array of development possibilities. Imagine creating a thriving multi-family housing complex, elegant condominiums, or charming townhomes. The permitted zoning also allows for the construction of community-focused projects such as a library, place of worship, park, playground, or community center. The property's versatility makes it ideal for developers seeking to capitalize on the area's growth potential. While offered as a single parcel, a triangular portion of the land falls within the PNGISD school district, as shown in accompanying photographs. The asking price for this expansive property is $650,000. This is a rare chance to acquire a significant land holding in a developing area with a diverse range of permitted uses. Don't miss this chance to shape the future of Port Arthur.

    Property Features for 7051 Lake Arthur Dr

    General Information

    Property type
    Land

    HighLights

    • $650,000 asking price.
    • 6.7‑acre land parcel.
    • High‑Density Residential (HDR) zoning.
    • Located in Port Arthur, TX, 77642.
    • Suitable for multi‑family, condos, townhomes, and other community uses.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Arthur
    County
    Jefferson
    State
    Texas
    Longitude
    -93.963447663917
    Latitude
    29.94841064827

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    FAQs

    What type of property is this?
    Land - High-density residential land; prime development opportunity.
    Where is this land located?
    The property is located at 7051 Lake Arthur Dr Port Arthur, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price.; 6.7-acre land parcel.; High-Density Residential (HDR) zoning.
    Request Owner's contact information
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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

    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.

    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
    7051 Lake Arthur Dr Port Arthur, TX 77642
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