1327 N Ocean DR, Port Lavaca, TX 77979
1327 N Ocean DR, Port Lavaca, TX 77979
1327 N Ocean DR, Port Lavaca, TX 77979
22
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$299,000
Est. payment /mo
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21,760 SqFt
New

1327 N Ocean DR Port Lavaca, TX 77979

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,760 sqft

Price per Sqft $13

MLS Listing ID 611745

Construction Status Resale

HOA Y/N No

Year Built 2017

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Commercial

Property Description

Income-producing RV park in Magnolia Beach, a bay community of Port Lavaca, TX. The RV park is just a short walk to the Magnolia Beach Public Park which has a public beach, fishing pier and boat ramp. The property offers stunning waterviews of Matagorda Bay and benefits from strong demand drivers including coastal workforce and recreational use. Situated on 0.50 acres, the property features 9 established RV pads with 6 currently occupied. Rents average $400/month per pad, with one pad leased at a reduced rate in exchange for on-site assistance. All tenants are on month-to-month agreements, providing flexibility for rent increases and operational improvements.

FEMA Zone VE, on-site septic system serves existing pads, each unit has a Utility Hook up with 50 Amp and Water Spigot. Each pad is individually metered for electricity, with tenants reimbursing usage. Owner currently covers water, septic, trash, and WiFi. The property has a split-access configuration: Pads 6–9 have direct access from 24th Street, while Pads 1–5 are accessed via a recorded ingress/egress easement through the adjacent property (Bayshore Motel) connecting to Promenade. Easement is subject to terms and conditions of record. Offered at $299,000 (~$33K per pad). Estimated cap rate ~5.9% based on average NOI. Seller financing available: 20% down, 8% interest, 15–20 year amortization with 5-year balloon (terms subject to approval). Buyer to verify all information.

Location

State TX

County Calhoun

Zoning CL

Direction East

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Parking Space(s)

Community Features Other, See Remarks

Utilities Available Electricity Available

Amenities Available Other, See Remarks

Water Access Desc Private,See Remarks

View Other

Roof Type Other,See Remarks

Present Use Recreational

Accessibility None

Building

Faces East

Entry Level Other

Foundation Other, See Remarks

Sewer Not Connected (at lot), Aerobic Septic, Public Sewer

Water Private, See Remarks

Level or Stories Other

Construction Status Resale

Others

Tax ID 87552


Central Texas MLS (CTXMLS)
Listed by Rosangely Hernandez • All City Real Estate

NEARBY SCHOOL & BUSINESS

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Collab RT Realty

Collab RT Realty

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1327 N Ocean DR