ActiveMLS# 4738823
$625,000
6.44 Acres · Farm/Ranch · $97,050/acre
269 CR 305 Bayshore Rd
Palacios, TX 77465 (Matagorda County)

About this property

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.

Property details

Property TypeFarm/Ranch
Acreage6.44 acres
StatusActive
Days on Market76 days
ListedJuly 7, 2026
CountyMatagorda
ZIP Code77465
Price per Acre$97,050/acre
SubdivisionBay Front Sub
FencingNone
ViewPasture, Water
MLS Number4738823
Listed ByCapitol Ranch Real Estate

Location

Area & Lifestyle

About the Area

269 CR 305 Bayshore Rd is located in Palacios, Texas, in Matagorda County.

Palacios had an estimated population of 4,394 as of 2023. The 77465 zip code has a median household income of $69,500, a median home value of $170,600, and a median age of 43. The average household size is 2.54 people.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Capitol Ranch Real Estate.

T
X
R
L
Barron Johnson
Broker Associate · Spyglass Realty