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Offered at less than 25% of 2006 Appraisal: Unique opportunity to entitle and develop gulf front property located on Mustang Island in the cities of Corpus Christi and Port Aransas, Texas. Subject property is approximately 397 acres that span eight tracts including 4,050 feet of frontage along the Gulf of Mexico. Approximately 171 acres consist of seven tracts of varying beach frontages with high density zoning and the ability to offer multiple development concepts at varying price points. The largest contiguous tract, perfect for the developments amenities/recreation area and additional residential or resort density, is approx. 226 acres with eastern frontage along Hwy 361 and western frontage along the marshes of Corpus Christi Bay.
Centrally located, there are over 15 million people within driving distance including the cities of San Antonio, Austin, Houston, and Dallas/Fort Worth. Annually, Mustang Island receives over 5 million visitors. Priced at less than $42,000 per acre, this is a once in a lifetime opportunity.
Exclusively Listed for Sale by Bull Realty in conjunction with Harrison-Pearson Assoc., Inc. | Bill Yahn, CCIM | TX RE Broker # 389551
Please contact Rob or John for additional details regarding this property.
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