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$899,500

990 E FM 628, Riviera, TX, 78379

On MarketInfo
Beds11 Beds
Baths10 Bath
Baths6,078 Sq Ft
ApartmentApartment
price_per_sqft$147.99 / sqft
Year BuiltBuilt in 1998

About this property

Positioned along roughly ±200 feet of Baffin Bay in Riviera, this multi-structure property sits right where South Texas workdays and coastal weekends collide. With long- and short-term rentals allowed, the property has seen increased occupancy tied to nearby pipeline, wind energy, and maintenance projects—making it a smart buy for investors who also want a place of their own on the water. The property spans approximately 2.77 acres and includes three rental buildings plus an on-site residence, offering flexibility for owner-operators or hands-off management. In total there are 2 single-story four plex buildings, a 2 bedroom 1 bath house, and an office with an attached 1 bedroom 1 bath house which allows for on-site management. The property is designed to accommodate everything from weekend anglers/hunters to crews working extended contracts in the area. Several units feature kitchens or kitchenettes and easy access for guests coming in after long days in the field—or on the bay. Front and center is what keeps people coming back: direct access to Baffin Bay. A concrete bulkhead protects the shoreline, while a lighted fishing pier with a generous L-head stretches into the water—perfect for multiple lines, night fishing, or cleaning the day’s catch. Guests and owners alike enjoy steady bay breezes, wide-open views, and outdoor gathering areas that turn evenings into fish stories and sunrise coffee rituals. One of the structures closest to the water offers sweeping bay views through oversized windows and an open living concept—ideal as a premium rental, owner’s quarters, or shared gathering space. Whether you’re a sportsman who wants a permanent place near some of the best fishing on the Texas coast, a contractor needing a dedicated place for your crew, or an investor looking for a waterfront opportunity, this Baffin Bay property delivers location, flexibility, and lifestyle—all in one package.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,397 /month
Positive
Cash Flow Estimate:
$1,799 /month

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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: Riviera

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990 E FM 628 | Property Details | No Agent List