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$475,000

1016 E Fm 517, Dickinson, TX, 77539

On MarketInfo

About this property

Rare waterfront development opportunity in the heart of Dickinson, TX! Positioned on highly visible FM 517 and directly adjacent to Paul Hopkins Park, 1016 E FM 517 offers a unique blend of history, location, and upside. Zoned GR–General Residential, this bayou-front property presents exceptional potential for luxury homes, townhomes, boutique residential, short-term rental concepts, or a strategic long-term hold. Enjoy direct waterfront appeal, park-side views, and frontage along one of Dickinson’s main corridors with quick access to I-45, Houston, Clear Lake/NASA, and Galveston. Waterfront tracts with visibility, character, and development flexibility are becoming increasingly scarce in this growing coastal corridor. Whether you're a developer, investor, or visionary builder, this is an opportunity to secure a one-of-a-kind asset in the path of continued growth. Don’t chase the market… own where it’s headed.

Investor Tools

$0Estimated Mortgage Balance
$475,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Jeffrey George

Keller Williams Realty Clear Lake / NASA

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Financing Details

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

City: Dickinson

1016 E Fm 517 | Property Details | No Agent List