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587 N Ocean Dr, Port Lavaca, TX, 77979

$319,000

Home List Price

$3,788*

Closing Credit

0 Baths
5,726 SqFt
$56/SqFt
House

Location

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587 N Ocean Dr, Port Lavaca$319,000

Buyer Closing Credits

$3,788*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1979
HeatingNone
CoolingNone
FireplaceNone
ViewWater
MLS #557413
Lot Size0.54 Acres
StatusActive

About 587 N Ocean Dr

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.

Property Details

Property Features

Property Information:

  • Architectural Style: None
  • Year Built: 1979
  • Living Area: 5,726 SqFt

Listing Office:

  • Office Name: Russell Cain Real Estate
  • Office Phone: (361) 552-6313
  • Listing Agent: James D Oliver

Interior Features

Interior Information:

  • Appliances: Other
  • Interior: Other, See Remarks
  • Fireplace: None

Exterior Features

Exterior Information:

  • View: Water
  • Exterior: None

Lot Features

Lot Information:

  • Lot Size: 0.54 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,000
  • Price Per SqFt: $56/SqFt

Tax Information:

  • Annual Amount: $3,231
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Port Lavaca, TX.

Med. Sold Price

$325K

Med. Price/SqFt

$190

Avg. Days On Market

45

# of Sold Homes

2

587 N Ocean Dr vs Port Lavaca

41 DAYS ON ROCKET

-4 Days

$319,000

-$6K Less

$56/SqFt

-$135 Less

KEY TAKEAWAY

This property is $6K less than the Median Sold Price and $135/SqFt less than other homes in Port Lavaca, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CentralTexas
  • MLS Number: #557413

Listing Office:

  • Office Name: Russell Cain Real Estate
  • Office Phone: (361) 552-6313
  • Listing Agent: James D Oliver

IDXData provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 12/22/2024, 7:16:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,231$190,570
2019 - $183,470
2018$3,412$190,170
2017$4,155$231,520

History based on county public records data.

Payment Calculator

$1,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,023

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1056753
6
/10
  • Jackson/Roosevelt Complex

  • 1512 Jackson St

  • 6.48 miles

  • Public District Grades PK-5

school-card-donut-1056754
7
/10
  • Harrison/Jefferson/Madison Complex

  • 605 N Commerce St

  • 7.27 miles

  • Public District Grades PK-5

school-card-donut-1056755
9
/10
  • Port O Connor Elementary School

  • 508 W Monroe Ave

  • 10.52 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,038. Residents of Port Lavaca, TX typically earn between $35k-100k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 587 N Ocean Dr

What is the listing price of this property?

The listing price of 587 N Ocean Dr property is $319,000.

What type of property is this?

The property 587 N Ocean Dr is a house located in Port Lavaca, Texas, 77979.

Is this property for sale now?

Active Listing: 587 N Ocean Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,231 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 587 N Ocean Dr is 5,726 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 587 N Ocean Dr is 1979.

Rocket HomesTexasCalhoun CountyPort Lavaca77979587 N Ocean Dr

This home is located at 587 N Ocean Dr in Port Lavaca, TX and zip code 77979. This 5,726 square foot home, which was built in 1979, sits on a 0.54 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $319,000.

Over 0 listings were sold over their listed price in November 2024 in Port Lavaca, TX. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Port Lavaca, TX increased by 39.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $325,000, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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