1365 Tx-87 Bolivar Peninsula, TX 77650
- Land
- 50.00 lot acres
Current Use by Public Records
- Land
Property Details for 1365 Tx-87
- Lot size
- 50.00 lot acres
- Property type
- Land
Description
This exceptional 50-acre property in Galveston County, Texas, presents a unique investment opportunity. Located at 1365 TX-87, Bolivar Peninsula, zip code 77650, this unrestricted land boasts approximately 433 feet of frontage on State Highway 87, offering significant visibility and accessibility. A key feature is its water frontage on the Intracoastal Waterway (ICW), providing picturesque views and potential for waterfront development. The property's strategic location is less than 1.5 miles from the popular Camp Margaritaville Resort and under a mile from the City of Crystal Beach, ensuring proximity to amenities and attractions. Beach access is conveniently located approximately 0.7 miles away. The expansive acreage is ideal for a variety of commercial and residential developments, including the creation of bay houses, capitalizing on the high demand for coastal properties in this desirable area. The asking price for this remarkable parcel is $2,250,000. This is a rare chance to acquire a substantial tract of land with exceptional features in a thriving coastal community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bolivar Peninsula
- County
- Galveston
- State
- Texas
- Longitude
- -94.7329
- Latitude
- 29.398