865 Heyland Rd Seadrift, TX 77983

$9,314,400

$16,000 $4,312

Beds: 3 | Baths: 2 | Home Size: 2,160ft² | Total Acres: 582.15

Presented by

ART MEISTER
Coldwell Banker D'Ann Harper Realtors
(210)286-9106

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    Listed By

    My Castle Realty Inc.
    Gary Bisha
    MYCA00
    (713) 683-0054
    (713) 683-0054

    Property Details

    1669554

    Developers and Investors: The time is right to build the Next Destination Resort on the Texas Coast on Guadalupe Bay. This Master planned canal-front 582-acre waterfront residential development parcel in Seadrift, Calhoun County, is the ideal size, in the right place and at a fraction of the cost of other waterfront locations in Texas. Seadrift is approximately 150 miles from Houston, Austin & San Antonio, one hour from Corpus Christi and 30 miles to Rockport. Fully entitled since 2008 but development was halted due to the Financial Crisis. With 4,650 ft. of waterfront on Victoria Barge Canal and San Antonio Bay and 3,500 ft. on State Hwy 185, the site is easily accessible from major highways. With elevations of 12 to 14 feet Mean Sea Level (MSL) put houses on slabs - no need for piers. New Land Plan and renewal of some permits needed prior to development. Either cut canals per the engineering drawings and/or install a Crystal Lagoon to attract families and provide the amenity voted most attractive for Residents & Visitors. A Municipal Utility District (MUD) has been formed that is authorized to issue up to $84 million in bonds to defray cost of development. A waterfront 3 bedroom, 2 bath, 2,160 sq. ft. two story house, two barns, cattle pens and fencing throughout and ag exemption with low property taxes. This property offers some of the best fishing the Texas Coast has to offer. Timing is perfect for both investors and developers. Sell or Develop this property and be primed for lot sales when the Federal Reserve eases interest rates and the U.S. recession comes to an end by Q1 of 2024. 100% minerals owned and will convey with property.

    Property Features

    Location

    City: Seadrift
    County: Calhoun
    Distance from S.A.: 100+ Mi From Downtown

    Schools

    School District: Not Applicable
    Elementary School: Not Applicable
    Middle School: Not Applicable
    High School: Not Applicable

    Areas

    Home Size: 2,160ft²
    Lot Description: State Highway
    Total Acres: 582.15

    Interior Features

    Baths: 2
    Beds: 3
    Construction Year: 1947
    Full Baths: 2

    Exterior Features

    Frontage: State

    Amenities

    Amenities: Barn,Holding Pen,Fenced,River,House

    Land Details

    Mineral rights: Retains Exclusive Rights
    # Barn Stalls: 2
    # Pasture Acre: 582.15
    Water: Lake Frontage,Water Access,Guadalupe River

    Other Details

    Available w/ Lease: No
    Shallow water: Other
    Homestead: No

    Mortgage Calculator

    Mortgage Calculator
    Amount Financed:
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    Brokered by

    My Castle Realty Inc.
    Gary Bisha
    MYCA00
    (713) 683-0054
    (713) 683-0054

    Disclaimer:
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

    Source: SABOR