Homes for Sale/Matagorda County/Palacios/Waypoint Landing
Active MLS #51742822 · 133 days on market

742 Bay Drive

Palacios, TX 77465
Subdivision  ·  Waypoint Landing
List Price
$899,900
$262/SF
Beds
3
Baths
4
Sq Ft
3,440
Built
2015
Lot
1.00 ac
Garage
1-car
County
Matagorda
Tax Rate
1.03%

Schools

§ 03
District
Elementary CENTRAL ELEMENTARY SCHOOL (PALACIOS) N/R
Middle EAST SIDE INTERMEDIATE N/R
High PALACIOS JUNIOR SENIOR H S CCMR 92% · Grad 94% B
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

This Custom 3 bed 3 1/2 bath Coastal escape could be your private Oasis! Comes fully furnished. Beautiful granite countertops, newly added wood flooring w/all new wood decking & moisture barrier underneath to prevent rotting added in 2025. Accessory building contains a fully equipped gym with high end equipment, storage unit w/roll up door, workshop & a huge bar style game room at the back with shuffle board, pool table & furnished for entertaining. Relax or entertain with your resort style pool complete with five waterfalls, LED lighting for night time & hot tub. The outdoor kitchen offers great entertaining by the pool or relax by the gas firepit to chat with friends. Under the main home you have a garage for the tallest RV/boat or vehicle. Also has outdoor bathroom & shower as well. Behind the home is an air conditioned dog kennel area w/fenced dog run. Also has an outdoor mosquito control system and more. Brand new A/C units inside & out installed April 2026 w/10 year warranty.

Features

§ 02

Interior

  • Balcony
  • Granite Counters
  • High Ceilings
  • Window Treatments
  • Ceiling Fans
  • Dishwasher
  • Disposal
  • Gas Oven
  • Gas Range
  • Microwave
  • Dryer
  • Refrigerator
  • Water Softener Owned
  • Tankless Water Heater
  • Washer
  • Wood
  • Heat: Central
  • Heat: Electric

Exterior & lot

  • Covered Patio
  • Deck
  • Fence
  • Hot Tub Spa
  • Sprinkler Irrigation
  • Outdoor Kitchen
  • Patio
  • Private Yard
  • Storage
  • Subdivision
  • Views
  • Backs To Greenbelt Park
  • Partial
  • Covered
  • Mosquito System
  • Roof: Metal
  • Foundation: Slab
  • Additional Parking

Community

  • Boat Ramp
  • Smoke Detectors
  • Bay
  • Water
  • Style: Traditional

Property Details

§ 03 · Full MLS record

Property

Property Type Residential
Property Sub Type Detached
Architectural Style Traditional
Year Built 2015
Year Built Source PublicRecords
New Construction No

Building

Stories 1
Levels One
Living Area 3,440 sq ft
Living Area Source Builder
Building Area Total 3,440 sq ft
Foundation Slab
Construction Aluminum Siding, Cement Siding, Wood Siding
Roof Metal

Rooms & Baths

Bedrooms 3
Bedrooms Possible 3
Bathrooms (total) 4
Bathrooms Full 3
Bathrooms Half 1
Rooms Total 4
Fireplace Features Outside

Interior

Interior Features Balcony, Granite Counters, High Ceilings, Window Treatments, Ceiling Fans
Flooring Wood
Appliances Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Dryer, Refrigerator, Water Softener Owned, Tankless Water Heater, Washer
Laundry Washer Hookup, Electric Dryer Hookup
Windows Storm Windows, Window Coverings
Security Smoke Detectors
Indoor Air Quality Ventilation

Exterior

Exterior Features Covered Patio, Deck, Fence, Hot Tub Spa, Sprinkler Irrigation, Outdoor Kitchen, Patio, Private Yard, Storage
Patio / Porch Covered, Deck, Mosquito System, Patio
Fencing Partial
Pool Private Yes
Pool Features In Ground
View Yes
View Type Bay, Water

Parking & Garage

Garage Spaces 1
Attached Garage Yes
Parking Features Additional Parking, Attached, Boat, Garage, Garage Door Opener, Rv Access Parking

Lot

Lot Size (acres) 1.0000
Lot Size Source Appraiser
Lot Features Subdivision, Views, Backs To Greenbelt Park

Location

County Matagorda
MLS Area Major 54
Subdivision Waypoint Landing
Road Surface Asphalt
Postal Code 77465

Utilities

Heating Central, Electric
Cooling Central Air, Electric, Attic Fan
Water Source Public
Sewer Aerobic Septic
Energy Efficient Radiant Attic Barrier, Water Heater

HOA / Association

HOA Yes
HOA Fee $295
HOA Fee Frequency Annually
HOA Name Waypoint Landing POA
Fee Includes Recreation Facilities
Amenities Boat Ramp

Taxes, Terms & Disclosures

Tax Annual Amount $9,232
Tax Year 2025
Tax Rate (est.) 1.03%
Parcel # 118430
Legal Description WAYPOINT LANDING, LOT 76, SEC 1, ACRES 1.0
Listing Terms Cash, Conventional, FHA, Usda Loan, Va Loan
Lease Considered No
Disclosures Other, Seller Disclosure

Room Layout

§ 04 · 4 rooms · MLS-supplied

Main level · 4

Primary Bedroom 15x12
Bedroom 12x11
Bedroom 12x11
Game Room 40x31

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
Tax breakdown not availableWe could not resolve the taxing jurisdictions for this listing. We will enrich this when the county tax roll loads.

HOA & Community

§ 05
● HOA details
$295
ANNUALLY
Association nameWaypoint Landing POA Management co. Website Phone Cert on filepending
Fee includes
RecreationFacilities
● Community amenities
No curated amenity map yet for this subdivision.

Broadband & Connectivity

§ 06
Broadband not mappedWe have not yet resolved FCC provider data for this block.

Environmental Risk

§ 08
?
FEMA Zone
Flood zone: not mapped by FEMA for this area
No FEMA digital flood map covers this location, so this property's flood risk has not been established. Verify flood insurance requirements with your lender.
SFHA NOT DETERMINED
🌡 Heat days >95°F
101 days/yr above 95°F
Plus 50 days above 100°F. NOAA station records, 2016-2025 average.
🌵 Drought (current)
No drought (D1 or worse)
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
1 comparable sale nearbyAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Waypoint Landing
TIER: SUBDIVISION
Subdivision name (MLS)Waypoint Landing City · ZIPPalacios · 77465 CountyMatagorda Listings in subdivision115 Active now15 Sold (last 12 mo)2 Curated amenities0
● Year-built distribution
2015s 3

Fire Protection

§ 11
Nearest station
Fire Station
Distance
2.9 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48321730600 · ACS 2023
Median HH income
$75,123
ACS 2023
Median home value
$194,900
Census self-report
Owner-occupied
62%
2,646 housing units
Bachelor's+
22%
Adults 25+
Median age
42.2
Population 5,423
Work from home
of commuters
Commute 45min+
13%
of commuters
Below poverty
13.0%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
742 Bay Drive, Palacios, TX 77465
Matagorda County · 28.71°N, 96.26°W
No curated amenities within 2 mi yet.
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
May 14, 2026 Listed $899,900 Lisa Perez
Dec 31, 2014 Built
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Lisa Perez · Country Pride Real Estate
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Aug 29, 2026.
MLS# 51742822 · LIST DATE: May 14, 2026 · PARCEL: 118430
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 24, 2026, 2:29 AM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity