Old Gulf Road
Matagorda, TX 77457

This is a once in a lifetime opportunity for a serious developer to purchase a rare tract of Intracoastal Waterway property with immediate access to East Matagorda Bay.  This property boasts 55.10 acres with 1,468.33 feet of prime Intracoastal Waterway frontage just east of the bustling Coastal Resort town of Matagorda, Texas.  Current owners have done all of the engineering to include wetlands mitigation, construction estimates, layout of 130 lots with 90% of the lots being waterfront.  Estimated value of this subdivision once developed will range from $18.6 million to $24 million once all lots have been sold to the public.

This property is a must see and will provide the right developer with the most premier piece of Intracoastal property that will come available in this generation.