865 Heyland Rd

Seadrift, TX

$8,732,250
3
2
2160
N/A

Details

STATUS:Active
YEAR BUILT:1947
TYPE:farm/ranch
PARKING:
TOTAL STORIES:
MLS:1626049
COUNTY:Calhoun
PRICE PER SQFT4042.7

PROPERTY DESCRIPTION

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.

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School Information

HIGH SCHOOL
MIDDLE SCHOOL
GRADE SCHOOL
not applicable
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Property History

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Location

Direction: GPS Coordinates: 28.445300, -96.751200. From San Antonio: Take I-37 to US-181 S. Take US-181 to TX-185. Continue on TX-185. Turn Right onto Louie Walker Rd. Turn Left onto Heyland Rd.

Courtesy of My Castle Realty Inc.

This real estate information comes in part from the Internet Data Exchange/Broker Reciprocity Program .

Information is deemed reliable but is not guaranteed.

© 2022 San Antonio Board of Realtors. All rights reserved.

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