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General Description
minimizeThis is an opportunity to own roughly 2 acres on the corner of State Hwy 87 and 4th street with 300' of frontage along both roadways. There are 23 (12' X 29') boat or other storage stalls and some are rented by contractors for storage or workspace. There is also a building that is currently leased and used as an 'Escape room" and that tenant pays utilities for that building. There is plenty of room for additional structures or business opportunities. This property currently grosses over $40,000 yearly with room for improvement. Information provided is deemed reliable, but is not guaranteed and should be independently verified.
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $814,500 | 67.93% | $814,500 | 67.93% |
| 2022 | $-- | $485,010 | -0.23% | $485,010 | -0.23% |
| 2021 | $-- | $486,140 | 51.54% | $486,140 | 51.54% |
| 2020 | $-- | $320,810 | 29.75% | $320,810 | 29.75% |
| 2019 | $-- | $247,260 | 0.00% | $247,260 | 0.00% |
| 2018 | $-- | $247,260 | $247,260 |
2023 Galveston County Appraisal District Tax Value
| Market Land Value: | $45,000 |
| Market Improvement Value: | $769,500 |
| Total Market Value: | $814,500 |
2023 Tax Rates
| GALVESTON COUNTY: | 0.3676 % |
| GALVASTON COLLEGE: | 0.1320 % |
| COUNTY ROAD/FLOOD: | 0.0084 % |
| GALVASTON ISD: | 1.0350 % |
| EMERGENCY SERVICES DIST NO 2: | 0.0683 % |
| Total Tax Rate: | 1.6113 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,432 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 1,094 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good |
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Property Map
minimize4298 Hwy 87 Port Bolivar TX 77650 was recently sold. It is a 2.07 Acre(s) Lot, in Van Nostrand.
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