2422 Virginia St, Port Lavaca, TX 77979
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.