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    OFF-MARKET
    Land

    2422 Virginia St, Port Lavaca, TX 77979

    191 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 191+ acre waterfront property in Port Lavaca, Texas, presents a rare residential development opportunity. Boasting over 6,000 feet of deep-water bay frontage, this expansive land offers stunning water views and immediate development potential. City water and sewer services are readily available, and most necessary entitlements are already in place, significantly streamlining the development process. Located within the city limits of Port Lavaca, this property benefits from convenient access to a variety of amenities, including public parks, marinas, and major retailers like HEB and Walmart, all within a 10-minute radius. The property's prime location on the Texas Gulf Coast provides a serene, family-friendly environment, ideal for a high-end residential community. The asking price is $3,820,000, translating to $20,000 per acre. This ready-to-build land offers the chance to create a unique waterfront retreat in a highly desirable coastal community. The land is zoned for residential development and is ready for immediate construction of owner-developed lots. This presents a significant opportunity for investors seeking a prime coastal development project with minimal upfront hurdles. The property's size and location make it an exceptional investment for those seeking to capitalize on the growing demand for waterfront residential properties in this sought-after Texas coastal town.

    Property profile
    Verified
    Property type Land
    Lot 191 ac (8,319,960 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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