Residential Land for Sale in Palacios, Texas

Fivemile Trl Palacios, TX 77465

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$99,900
0.65 acres
Active sale$10k dropEst $944/mo

PRICE IMPROVEMENT!!! Discover the waterfront lifestyle with this great lot in Cape Shores on Caranchua Bay. It is now listed $40,000 BELOW market value! Cape Shores offers a boat ramp with bay access, a fishing pier, a common area, underground utilities, central water, and paved roads. This particular .65 acre spacious lot would be great for creating your private walk up beach area or extending the property by building a bulk head to build your pier from. With a few perfectly placed trees this lot sits awaiting your custom home or your vacation rental investment. There are currently only two homes in this community and no new builds, are in progress, at this time. Seize this chance to own a piece of land on the water, below market value. There is also no time line to build your home upon purchasing this land. As a cost saving measure to the buyer, the owner has provided a current survey.

Directions

From Palacios follow 35 S for 9.4 miles, TL on community center Rd, TR on Louis Sites Rd. follow for 1 miles until Cape Shores Dr.

Location

Street Address
Fivemile Trl, Lot 35
Community
Cape Shores Sub
School District
Palacios ISD

Property details

Zoning
Residential
MLS Number
SMABOR 554556
Date Posted

Property taxes

2023
$2,331

Expenses

Home Owner Assessments Fee
$295 annually

Parcels

  • R47081

Legal description

This 0.65-acre property is located at Fivemile Trl Lot 35 in Palacios, TX 77465. The property is currently available for sale for $99,900 with a price per acre of $153,692. Listing data is sourced from Central Texas Multiple Listing Service # 554556.

Verify sale details at the property source or contact Shaw Realty at (361) 237-8727.

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Copyright (C) 2024 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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