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Investment Highlights

  • Adjacent to recently built schools
  • Utilities available, lowest rate impact fees, drainage outfall channel adjacent
  • Development plan created w/ 2 points of ingress/egress

Executive Summary

Incredible opportunity to purchase 32+ acres in Texas City adjacent to Simms Elementary School (opened fall 2021) and right around the corner from Giles Middle School (opened fall 2022)! Approved subdivision plan for 99 lots but could be modified to fit your use. City utilities adjacent to the property on multiple sides, outfall channel runs along westerly boundary, 2 points of ingress & egress approved for Memorial Drive & Woodrow St, and no offsite improvements necessary to develop the property. Approx. 4.5 acres along Memorial Drive is within the limits of Galveston County MUD 66. Buy now to develop soon or acquire for long term investment. Zone 1 impact fees ($2,435) vs. the bulk of Texas City in Zone 2 ($6,675). 8 total separate parcels per GCAD.

Property Facts

Price $4,065,041 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Hold For Development
  • Hold For Investment
  • Single Family Development
  • Single Family Residence
Total Lot Size 32.27 AC
Zoning Residential - Zoned residential - possibility of rezoning would need to be presented to City Staff.

1 Lot Available

Lot

Price $4,065,041 CAD
Price Per AC $125,969.66 CAD
Lot Size 32.27 AC

32+ acres adjacent to Simms Elem (open 2021) & Giles Middle School (open 2022)! Approved subdivision plan for 99 lots, Tx City utilities available, outfall channel along westerly boundary, no offsite improvements necessary, and 2 points of access!

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
0189-0019-0001-000
Land Assessment
$379,082 CAD
Improvements Assessment
$0 CAD
Total Assessment
$379,082 CAD
  • Listing ID: 40556113

  • Date on Market: 2026-05-16

  • Last Updated:

  • Address: 0 Memorial Drive, Texas City, TX 77591

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