$319,000

587 N Ocean Dr Port Lavaca, TX 77979

Estimated payment $1,994/month

Total Views 21,080
-- Bed
-- Bath
5,726 Sq Ft
$56 Price per Sq Ft

Highlights

  • No HOA
  • Views
  • No Heating

About This Home

Welcome to Magnolia Beach. This beach is world-famous for free camping or boondocking along Lavaca Bay and is frequented by thousands of visitors throughout the year. This location offers unlimited potential for investors, builders, or entrepreneurs. This building was once the site of the "Crows Nest," a happening restaurant and bar to locals and campers. The county property type is listed as commercial and residential lots. The current building has fallen into ruin and is in dire need of repair or teardown. Someone once said location is everything, and this location is breathtaking. Don't miss this opportunity to own a fantastic property with unlimited possibilities on the beach.

Listing Agent

James Oliver

Russell Cain Real Estate Brokerage Phone: 361-552-6313 License #0812532 Listed on: 09/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,071

Year Built

  • Built in 1979

Lot Details

  • 0.54 Acre Lot

Home Design

  • 5,726 Sq Ft Home
  • Slab Foundation

Utilities

  • No Cooling
  • No Heating
  • Above Ground Utilities

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 1 / 7
  • Assessor Parcel Number 39206
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Mallorys First Add Subdivision

Amenities

  • Public Restrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,071

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Architectural Style: None
  • Directions: From Port Lavaca, Tx. Go to State Highway 238. Continue for approximately 2.5 miles. TX-238 will turn in to TX-316. Continue on TX-316 for approximately 5.6 miles. Turn left onto Margie Tewmey Rd. Continue to Vivian Stevens St. Take a right, drive forward to Wedig St., then turn left and follow to Ocean Dr. proceed to 587 N. Ocean Drive. This will be a large build on the left. See yard signs.
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.5417
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Subdivision Name: Mallorys First Add
  • Water Body Name: Water View
  • Year Built: 1979
  • Attribution Contact: 361-552-6313
  • Special Features: None

Interior Features

  • Appliances: Other, See Remarks
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: None, Other, See Remarks
  • Living Area: 5726.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Other, See Remarks
  • Disclosures: Flood Plain Disclosure
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Slab
  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Other, See Remarks
  • View: Water
  • View: Yes
  • Waterfront: No

Utilities

  • Green Building Features: Public Restrooms
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Laundry Features: None
  • Sewer: Not Connected (at lot), Public Sewer
  • Utilities: Above Ground Utilities, Electricity Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities, Other, See Remarks

Schools

  • Junior High Dist: Calhoun County ISD

Lot Info

  • Parcel #: 39206
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3071.0
  • Tax Block: 7
  • Tax Lot: 1
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,134 $226,410 $198,000 $28,410
2023 $3,071 $225,330 $198,000 $27,330
2022 $2,748 $175,940 $154,680 $21,260
2021 $2,816 $159,900 $139,840 $20,060
2020 $3,292 $190,570 $139,840 $50,730
2019 $3,292 $183,470 $131,650 $51,820
2018 $3,413 $190,170 $131,650 $58,520
2017 $4,155 $231,520 $131,650 $99,870
2016 $3,731 $207,900 $106,650 $101,250
2015 -- $209,280 $106,650 $102,630
2014 -- $256,700 $106,650 $150,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 For Sale $319,000 -- $56 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $160,000 Commercial
Source: Public Records

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Source: Central Texas MLS (CTXMLS)

MLS Number: 557413

Central Texas MLS (CTXMLS)

APN: 39206