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Days166Days on Market
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$330,000

1233 N Ocean Drive, Port Lavaca, TX, 77979

$355,000 ARVInfo
On MarketInfo
CommercialInfo
Beds4 Beds
Baths4 Bath
Baths2,628 Sq Ft
price_per_sqft$125.57 / sqft
Year BuiltBuilt in 1971

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 4Bathrooms Half 4
FlooringConcrete, Carpet Free

Exterior

Exterior FeaturesLighting
Lot Size11,400 sqft

Building Information

Year Built1971

Land Information

APN10920
Lot Number10-12
Land UseCommercial
Legal DescriptionMALLORYS SECOND ADDITION, BLOCK 4, LOT 10,11,12
Census Tract000401
Assessed Land Value$57,000
Assessed Improvement Value$58,980
Assessment Year2025

About this property

**SELLER IS OFFERING OWNER FINANCE WITH ACCEPTABLE DOWN PAYMENT** Wake up to bay views and coastal breezes at this rare waterfront opportunity. Situated right on the bay, this charming 4-unit boutique style hotel offers the perfect blend of relaxation and income potential. Currently operating as a successful short-term rental, the property comes fully furnished, allowing for a seamless transition for its next owner. Guests and owners alike will appreciate the fishing pier within walking distance and the public boat ramp just minutes away, making this an ideal destination for anglers, boaters, and weekend getaways. Whether you’re looking to expand your investment portfolio, operate a turnkey short-term rental, or own a slice of waterfront paradise, this property delivers both lifestyle and return. A rare bayfront gem with proven income and endless possibilities.

Investor Tools

$0Estimated Mortgage Balance
$376,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$355,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

Interested in this property?

Amber Zarosky

Jacob Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,623
$115,980
2025
$57,000
$58,980
$115,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,623
$115,980

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$376,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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: Port Lavaca

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1233 N Ocean Drive | Property Details | No Agent List