Positioned in the heart of the rapidly expanding Bolivar Peninsula, this 123.038-acre tract with ±1,100 feet of frontage offers exceptional upside for commercial or residential development.
The area is undergoing transformative growth:
• 1,000-ft T-shaped fishing pier & public park at Roll Over Pass (completion expected July 2026)
• 110-acre Peninsula Beach Resort in Crystal Beach featuring retail, hospitality, luxury condos, rental cottages & private airport
• Nearly $100M Camp Margaritaville expansion tripling resort capacity
• $110M Entergy Texas infrastructure upgrade enhancing grid reliability
• Strong demand for luxury beach homes & short-term rentals on oversized lots
With expanding tourism, infrastructure investment, and luxury residential growth, this property presents a strategic land acquisition opportunity in a high-demand coastal corridor.
Ideal for mixed-use development, resort concepts, residential subdivision, or long-term land hold.
Lot/land
$2,450,000
1575 Highway 87, Gilchrist, TX 77617
--beds
0baths
123.04Acres
Unimproved Land
Built in ----
123.04 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High-demand coastal corridor
- 190 days
- 47
- 3
Zillow last checked:
Listing updated:
Listed by:
Polin Bud TREC #0804173 832-899-5470,
Bian Realty
Source: HAR,MLS#: 58036651
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Bay, Beach, Canal, Water
- Has water view: Yes
- Water view: Bay,Canal,Water
- Waterfront features: Bay Front, Canal Front, Pond
Lot
- Size: 123.04 Acres
- Features: Split Possible, Other, Waterfront, 50 or more Acres
Details
- Parcel number: 006400580000001
Utilities & green energy
- Utilities for property: Gas Availability Unknown, Cable Unknown, Electric Availability Unknown, Water Not Available
Community & HOA
Community
- Subdivision: E Franks Sur
Location
- Region: Gilchrist
Financial & listing details
- Tax assessed value: $90,430
- Annual tax amount: $1,115
- Date on market: 2/23/2026
- Listing terms: Affordable Housing Program (subject to conditions),Cash,Conventional,Investor,Other,Texas Veterans Land Board,USDA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Listed for sale | $2,450,000+96% |
Source:  HAR #58036651 Report a problem | ||
| 7/28/2022 | Listing removed | -- |
Source: HAR #3514585 Report a problem | ||
| 5/5/2022 | Pending sale | $1,250,000 |
Source: HAR #3514585 Report a problem | ||
| 5/5/2022 | Listed for sale | $1,250,000 |
Source: HAR #3514585 Report a problem | ||
| 5/5/2022 | Pending sale | $1,250,000 |
Source: HAR #3514585 Report a problem | ||
| 1/11/2022 | Listed for sale | $1,250,000 |
Source: HAR #3514585 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,115 +13.7% | $72,288 +20% |
| 2024 | $981 +21.5% | $60,240 +20% |
| 2023 | $807 -3.7% | $50,200 |
| 2022 | $838 +7.4% | $50,200 |
| 2021 | $780 -4.8% | $50,200 |
| 2020 | $820 -15.6% | $50,200 |
| 2019 | $972 +1.6% | $50,200 |
| 2018 | $957 | $50,200 |
| 2017 | $957 -2.3% | $50,200 |
| 2016 | $979 +1.5% | $50,200 |
| 2015 | $965 -3.9% | $50,200 |
| 2014 | $1,004 | $50,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 77617
Nearby schools
Schools provided by the listing agent
- Elementary: High Island School
- Middle: High Island School
- High: High Island School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
