865 Heyland RD

Seadrift, TX, 77983

$8,732,250

$4,042 per ft²
$8,732,250
$4,042 per ft²
Active
Active
 - For Sale
beds
3 Beds
baths
2 Baths
carpenters-square
2,160 ft²
property_type
Residential
calendar
Built 1947
Developers and Investors: The time is right to build the Next Destination Resort on the Texas Coast on Guadalupe Bay. This Master planned canal-front 582-acre waterfront residential development parcel in Seadrift, Calhoun County, is the ideal size, in the right place and at a fraction of the cost of other waterfront locations in Texas. Seadrift is approximately 150 miles from Houston, Austin & San Antonio, one hour from Corpus Christi and 30 miles to Rockport. Fully entitled since 2008 but development was halted due to the Financial Crisis. With 4,650 ft. of waterfront on Victoria Barge Canal and San Antonio Bay and 3,500 ft. on State Hwy 185, the site is easily accessible from major highways. With elevations of 12 to 14 feet Mean Sea Level (MSL) put houses on slabs – no need for piers. Either cut canals per the engineering drawings and/or install a Crystal Lagoon to attract families and provide the amenity voted most attractive for Residents & Visitors. A Municipal Utility District (MUD) has been formed that is authorized to issue up to $84 million in bonds to defray cost of development. A waterfront 3 bedroom, 2 bath, 2,160 sq. ft. two story house, two barns, cattle pens and fencing throughout and ag exemption with low property taxes. This property offers some of the best fishing the Texas Coast has to offer. Timing is perfect for both investors and developers. Sell or Develop this property and be primed for lot sales when the Federal Reserve eases interest rates and the U.S. recession comes to an end by Q3 of 2023. 100% minerals owned – will negotiate to sell separately.
MLS® ID:
2687044
Listed:
7/25/22
Updated:
9/27/22
Sotheby's International Realty
Dicker Morin Group

Interior Features

Kitchen Appliances
None
Total Bedrooms
3
Full Bathrooms
2
Interior Features
Built-in Features
Floor Description
See Remarks
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Electric

Exterior/Building Features

Lot Size
582.15 acres lot
Exterior Features
See Remarks, See Remarks, Barn(s), Residence, Shed(s)
Lot Details
Agricultural, Views
Roof
Composition
Sewer
Public Sewer

School Information

School District
Calhoun County Isd
High School
Calhoun
Middle/Jr High
Travis (Calhoun ISD)
Elementary School
Harrison Jefferson Madison Elementary

Other Property Details

Area Name
Out of Area
HOA Amenities
None
Garage
No
Parking
Additional Parking
View
Y
County
Calhoun
Utilities
Underground Utilities
Water Source
Municipal Utility District (MUD)
Pool
No

Courtesy of My Castle Realty

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Dicker Morin Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2022 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 8:01 PM UTC, 9/27/22

 

Sotheby's International Realty
Dicker Morin Group
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