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$425,000

279 Private Road 640 Driftwood Road, Matagorda, TX, 77457

On MarketInfo
Baths0 Bath

About this property

Embrace the ultimate coastal lifestyle with this rare opportunity to own a premier outside corner lot in one of Matagorda's most sought-after gated subdivisions. Perfectly situated to capture refreshing sea breezes and unobstructed views of the Gulf of America, this property is the ideal canvas for your dream beach house or vacation retreat. As an outside corner lot, this homesite offers enhanced privacy and architectural flexibility, allowing for a design that maximizes the stunning views from every angle. Located just steps away from the pristine sands of Matagorda Beach, you'll enjoy immediate access to world-class fishing, shelling, and sunrise walks along the shore. The security of a gated community ensures peace of mind, while the proximity to the Colorado River and local marinas makes this a true haven for outdoor enthusiasts.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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James Davant

Matagorda Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$300/month
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: Matagorda

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279 Private Road 640 Driftwood Road | Property Details | No Agent List