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$160,000

3912 Mlk Jr Drive, Port Arthur, TX, 77642

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Baths0 Bath

About this property

PLEASURE ISLAND | 5 ACRES | COMMERCIAL GENERAL ZONING World-class fishing meets commercial-scale opportunity. This 5±acre tract on Pleasure Island sits in one of the most active recreational fishing corridors in Southeast Texas — Sabine Lake, the Intracoastal, and the Gulf are practically at your doorstep. Zoned Commercial General by the City of Port Arthur, this parcel is approved by right for restaurants, retail, lodging, professional offices, event venues, dry boat storage, marina services, convenience stores, and more. Think: waterfront restaurant, fishing lodge, bait and tackle outfitter, RV park (SUP), or a service hub for the boating community. Residential development would require rezoning through the City. Buyers to verify all zoning and permitted uses independently. 5.0 Acres | ~230' Frontage |Port Arthur, TX 77640

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Kirby Smith

Kirby Smith Realty Group

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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: Port Arthur

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3912 Mlk Jr Drive | Property Details | No Agent List