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$275,000

268 Powderhorn Lane, Port Lavaca, TX, 77979

On MarketInfo
Beds— Beds
Baths— Bath
Baths281 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size3.86 acres

Land Information

APN69159
Lot Number2-14
Land UseResidential
Legal DescriptionBAYSIDE BEACH UNIT #2, BLOCK 14, LOT 2 - 14 & 16 - 30
Census Tract000401
Assessed Land Value$77,590
Assessed Improvement Value$5,210
Assessment Year2025

About this property

Discover the potential of this 3.85 acre coastal property, ideally suited for development as an RV park with approximately 52 planned sites. This tract is already positioned for success with valuable improvements in place, including a water well, underground electric, and three convenient entry points for easy access and traffic flow. Engineering plans are available to help move your vision from concept to completion. Enjoy beautiful water views and take advantage of the prime location near Magnolia Beach, known for its public boat ramp, fishing piers, and relaxed coastal setting. This area is a haven for outdoor enthusiasts, offering excellent coastal fishing, boating, and abundant wildlife watching opportunities. Whether you are an investor or developer, this property presents a rare chance to bring a coastal RV destination to life. Note: owner financing is available with a 20% down payment and a 5% APR for 10 years.

Investor Tools

$42,990Estimated Mortgage Balance
$302,010Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

James Oliver

Russell Cain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,159
$82,800
2025
$77,590
$5,210
$82,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,159
$82,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank In Port Lavaca
Commercial
$48,000
No
First
Dec 18, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,990
$302,010
87%
12%
$288/mo

City: Port Lavaca