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    Highway 3 Texas City, TX 77590

    Sponsored
    For Sale
    $1,110,780

    1.7-acre waterfront lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.7-acre commercial land parcel presents a unique investment opportunity in the burgeoning Marlow Lake neighborhood of Texas City, Texas. Situated on Highway 3 at the entrance to the new residential development and the future Central Park Parkway (connecting I-45 to Hwy 3), this property boasts a prime waterfront location. Zoned for Neighborhood Service, this lot is part of a larger 8.99-acre tract divided into three separate commercial corners (1.95 acres and 5.34 acres are also available). The property is ready for immediate development

    Property Features for 0 Highway 3

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • Move‑in ready condition.
    • Prime waterfront corner lot.
    • Located within a residential community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Texas City
    County
    Galveston
    State
    Texas
    Longitude
    -95.0069995
    Latitude
    29.4175701

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    FAQs

    What type of property is this?
    Land - 1.7-acre waterfront lot, prime location.
    Where is this land located?
    The property is located at Highway 3 Texas City, TX.
    What is the asking price?
    The asking price for this property is $1,110,780.
    What are key features of this property?
    This property features: Move-in ready condition.; Prime waterfront corner lot.; Located within a residential community.
    (409) 789-7871
    Request Owner's contact information
    Highway 3 Texas City, TX 77590
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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
    Highway 3 Texas City, TX 77590
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