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4206 Bluewater Highway
Freeport, TX 77541
Asking Price
$4.50M
Asset Type
Residential Land
Class
Class B
What's Special
Rare Beachfront Development Opportunity | 10 Acres in Freeport, TX <h3>Property Highlights</h3><ul><li><strong>Massive Footprint:</strong> 10 contiguous acres of prime Texas coastline.</li><li><strong>Ready to Build:</strong> Already subdivided into 9 lots, each exceeding 1 acre.</li><li><strong>Unobstructed Views:</strong> Direct beachfront frontage with permanent Gulf of Mexico views.</li><li><strong>Versatile Potential:</strong> Ideal for a luxury residential subdivision, investment hold, or a flagship coastal retreat.</li><li><strong>Location, Location
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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537
