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269 County Road 305 Bayshore Dr, Palacios, TX, 77465

--beds
--baths
--sqft
$625,000
--price/sqft
$4,798/moest. monthly cost
$191,920/yrincome needed

About This Home

Unrestricted bayfront acreage is a rare find on the Texas coast, and this one sits right on Bayshore Drive in Palacios with direct frontage on Tres Palacios Bay. 6.44 +/- acres of open coastal ground, water and electricity at the road, an ag exemption keeping taxes low, and a front-row seat to a town on the verge of real momentum. Whether you're looking to build a bay house, hold a waterfront investment, or both, this tract checks the boxes. Land & Wildlife: The property lays out as open coastal pasture, currently under agricultural use. It's a blank slate with no structures to work around and plenty of room for a homesite, guest quarters, or whatever the next owner has in mind. Palacios sits on the Great Texas Coastal Birding Trail, and the bay out front holds redfish, speckled trout, and flounder, with waterfowl working the shoreline through the winter. Surface Water: Direct frontage on Tres Palacios Bay, with Matagorda Bay and the Gulf beyond. Improvements: The land is raw and unimproved, giving a buyer full control over placement and design. Access is easy off paved Bayshore Drive. Utilities: City water and co-op electric service are available at the road. A septic system will be needed. Tax Status: The property currently carries an agricultural exemption, keeping annual taxes minimal. Local Area: Palacios, known as the City by the Sea, is a working bayfront town with an active shrimping fleet, fresh seafood, and a growing reputation among anglers and birders. The town is drawing serious new investment, including a reported $22 million boutique hotel and restaurant development downtown with plans for a public bayfront boardwalk, plus a new reinvestment zone supporting future development. Bay City is about 30 minutes away, Victoria roughly an hour, and Houston about two hours northeast. Bayfront tracts of this size, unimproved and ag exempt, don't come available often in Palacios. This is a chance to get in on the front end.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
Central Elementary SchoolGrades PK-52.6 mi
4/10
Palacios High SchoolGrades 6-122.5 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: 83821 (83821)
  • Special condition: Standard

Features

  • Fencing: None
  • Has view: Yes
  • View description: Pasture,Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: See Remarks
  • Waterbody name: Gulf of Mexico (America)

Lot

  • Lot size: 6.44 Acres
  • Features: Agricultural,Level,Open Lot,Pie Shaped Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Cold Wave
Heat Wave
Lightning
Drought
Tornado
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$765$9,180
Property Taxes $635$7,620
Electricity $238$2,859
Total$4,798$57,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$164,502/yr
40% on housing$143,940/yr
45% on housing$127,946/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
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Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 1.9%
1.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 11.0%
11.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 77465$117
Matagorda County$196

vs Homes Sold Last Month

Median $/sqft

ZIP 77465$167
Matagorda County$153

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-07Listed for sale$625,000

For Sale by Agent

AgentHudson Loyd Loyd
BrokerageCapitol Ranch Real Estate

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