Property profile

0 Lake Arthur Dr Port Arthur, TX 77642

OFF-MARKET
Land
9 ac lot
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Property summary

AI-generated overview

This exceptional 9-acre property in Port Arthur, Texas, presents a unique development opportunity. Located on Lake Arthur Dr, in Jefferson County (zip code 77642), this land is zoned for Residential/Specific Use, offering considerable flexibility for various projects. A significant portion, approximately 1.5 acres, falls within the desirable Port Neches Groves School District, a key selling point for potential residential developments. The property's designation as a "Planned Development" zone within the City of Port Arthur signifies its readiness for innovative projects. The expansive lot size provides ample space for a variety of residential constructions, from single-family homes to multi-family dwellings or other permitted uses. The property's APN is 034485-000-000300-00000. This is a rare chance to acquire a substantial parcel of land in a growing area, poised for significant appreciation. The asking price is $995,000. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 9 ac (392,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lake Arthur Dr Port Arthur, TX 77642
Port Arthur metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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