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$1,300,000

NAL Estimated Property Value

HWY 100 HWY 100, PORT ISABEL, TX, 78578

Off MarketInfo

About this property

LOCATION, LOCATION, LOCATION - 2.1 acres, 91476 Square Feet with 260+ feet of water frontage on the Laguna Madre and 300+ feet of HWY 100 frontage. No matter what you build, you will have beautiful views of the Laguna Madre and South Padre Island. Located with 300 feet of frontage on HWY 100 which gives you direct access to all area major highways and cities. Lot is in the process of being divided into 3 individual lots, or can be sold as 1. Located just a short distance to Walmart, HEB, Pizza Shops, restaurants and less than 5 miles to South Padre Island and all it has to offer (beautiful beaches, restaurants, entertainment, etc). Property is zoned residential, but potentially can be subdivided into 3 to 4 lots, or rezoned for multifamily, townhomes and even commercial use with proper authorization from the Port Isabel Zoning Department. AIREAL PHOTOS COMING SOON!

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Property Icon
$1,300,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,300,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

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Financing Details

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

City: PORT ISABEL

HWY 100 HWY 100 | Property Details | No Agent List