$7,931,250 • 805 acres
The Turtle Bay Ranches are located just outside of Palacios, TX. Divided into three sections: Turtle Bay Ranch, the Beachside Lakes and the Peninsula, the property has great potential to be developed for residential and recreational uses. Combined these parcels represent the rare prospect to have waterfront lots, ranch estates, lakefront lots, combined freshwater lakes totaling over 59 acres and a private peninsula with superb bay fishing and duck hunting just 100 miles from the center of Houston.
With a combined 26,993 ft. of waterfront frontage on Turtle Bay and Tres Palacios Bay and 59 acres of fresh water lakes these 805 acres present a unique investment and recreation opportunity.
The natural amenities of the Tres Palacios, Turtle, and Matagorda Bays, surrounding wetlands and Tres Palacios River lend themselves to outdoor recreation such as kayaking, sailing and sport fishing with Turtle Bay Ranches sitting at its heart.
Abundant marsh lands along the coastline and peninsula and the vast lake system attract migratory ducks who flock to this coastal region due to its prime location in the Central Flyway Zone. The Palacios area is also known among birders for its wide diversity of bird life.
The shrimping industry is a major economic driver with Palacios being known as the “Shrimp Capital of Texas”. Other areas of the economy are also expanding and diversifying with $3 billion of permitting and construction having taken place in Matagorda County within the last decade.
Turtle Bay Ranch
Turtle Bay Ranch consists of 474 acres along Turtle Bay with 6,062 ft. of bay frontage. Road frontage is excellent with 4688 ft along SH-35, Business. There is also an almost 5-acre freshwater lake perfect for freshwater fishing and duck hunting. Wade fishing and duck hunting is excellent along Turtle Bay.
The Beachside Lakes property is 223 acres with 3 separate lakes comprising of a total of 54 acres of freshwater. A system of lakes like these is unheard of in this area and represent an enormous investment ready to be capitalized on.
The Peninsula property comprises of 97 acres stretching almost 1.8-miles out separating Turtle and Tres Palacios Bays. Bulkheading to protect the peninsula has been completed along with a small bridge over one of the wetlands and n all-weather road provides access to the point. Again, these improvements represent significant investments already in-place.
Surface Sale Only
Property currently does not have an Ag Exemption. Estimated 2019 taxes for the entire property are $85,875.
Surface Use Agreement in place with no more well sites allowed. Currently there are two.
Easement required for use of the Peninsula
Portions are located within the FEMA Flood Zone
The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.
Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate or Oklahoma real estate should investigate any concerns regarding a specific real property to their satisfaction.
When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.