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CR 2004
Taft, TX 78390
Land For Sale
·
177.00 AC


INVESTMENT HIGHLIGHTS
- Ideal for subdivision development.
- Full utilities available through City of Portland.
- Entire site located outside the 100-year flood plain.
- Located in highly desirable City of Portland.
- One-half mile of frontage along County Rd 2004.
- Located 1/4 mile from the new Fox Landing Subdivision by Fox Home Builders. Home values between $300-$370K.
EXECUTIVE SUMMARY
This opportunity offers ±177 acres in Portland, Texas, on the north side of Corpus Christi Bay. The site is south of County Road 2004, within the incorporated boundaries of the City of Portland.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 177.00 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 177.00 AC |
1 LOT AVAILABLE
Lot 1
| Price | $7,080,000 | Lot Size | 177.00 AC |
| Price Per AC | $40,000.00 |
| Price | $7,080,000 |
| Price Per AC | $40,000.00 |
| Lot Size | 177.00 AC |
Residential development opportunity.
DESCRIPTION
Prime land development opportunity in the path of growth. The site has seven pipeline easements that bisect the property (three natural gas, two crude oil, two highly volatile liquid). The site also has six drill sites on the property (three plugged gas wells, two dry holes, one plugged oil well).
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $80,920 | Total Assessment | $80,920 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$80,920
Improvements Assessment
$0
Total Assessment
$80,920
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