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$12,900,000

NAL Estimated Property Value

0000 Moore (aka FM 893) Avenue, Portland, TX, 78374

Off MarketInfo
Baths0 Bath

About this property

153.4158+/- waterfront acres of land provides elevations ranging from 42' above sea level with a gentle slope to sea level along the beautiful Nueces Bay estuary. Perfectly situated to become Portland's finest neighborhood, the site is close to award winning Gregory-Portland ISD Schools(WC Andrews Elementary, new Early Childhood Center, Intermediate & High School). Portland's home to the largest TX Target opening in 2024, Raisin Cane's, Yo Philly's, B&B Movie Theater, The Texan #13, Chic fil a, Freddie's, Olive Garden, Chris Andrews Boat Launch, sports & entertainment venues! Showcased from the $1.2B largest US cable stanchion bridge, the 153.4158+/- acre site enjoys views of Nueces Bay, Sunset Lake & Corpus Christi Bay. Located within proximity of water, sewer & electrical. Includes 19+/- acres of accretion land. Adjacent 188+/- acres to the east is sold separately (STMLS . 1 of the largest available TX waterfront properties offers exponential growth in fast-growing Portland!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$77,400 /month
Positive
Cash Flow Estimate:
$25,800 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Portland

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0000 Moore (aka FM 893) Avenue | Property Details | No Agent List