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$1,199,000

00 Bay Street, Aransas Pass, TX, 78336

On MarketInfo

About this property

Waterfront Opportunity on Redfish Bay – 1.75 Acres | No HOA Rare opportunity to own 1.75 acres of prime waterfront land on the seawall of Redfish Bay in Aransas Pass. This offering includes two adjacent lots being sold together, creating an exceptional canvas for development or a private coastal retreat. Located in the desirable Pelican Cove area, yet part of the original Aransas Pass Townsite, this property comes with no HOA restrictions—a rare find for waterfront property. Zoned for multifamily/apartments, the possibilities are wide open for developers and investors looking to capitalize on the growing coastal market. Alternatively, the property also presents an incredible opportunity to create a one-of-a-kind residential estate with expansive bay views and direct waterfront access. Whether you’re envisioning an income-producing project or building your dream home on the water, this property offers flexibility, location, and unmatched potential.

Investor Tools

$0Estimated Mortgage Balance
$1,199,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,194 /month
Positive
Cash Flow Estimate:
$2,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Aransas Pass

00 Bay Street | Property Details | No Agent List