Homes for Sale/Matagorda County/Palacios/D J Smith Tx Rice Dev Sub
Active MLS #71687537 · 191 days on market

TBD Hwy 35

Palacios, TX 77465
Subdivision  ·  D J Smith Tx Rice Dev Sub
List Price
$1.21M
Baths
0
Lot
115.00 ac
Garage
0-car
County
Matagorda
Tax Rate
0.00%

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

Discover an exceptional coastal opportunity w/ approximately 115+/- acres on Turtle Bay, ideally located directly across from the Turtle Creek Golf Course, a 9-hole golf course, R.B.Trull Municipal Airport & only a 3-min drive to the heart of Palacios. This unique property offers the perfect blend of investment potential, recreation, & natural beauty. With beautiful waterfront views & easy access to town, the property presents an excellent opportunity for a future waterfront subdivision or development. Approx. 65± acres consist of wetlands & marsh, creating incredible wildlife habitat & offering recreational opportunities like no other, including bird watching, fishing, & exploring the coastal ecosystem. The remaining acreage provides pastureland & is currently under ag exemption w/ cattle being run on the property. Whether you're looking for a large coastal investment, development opportunity, or private recreational retreat, this property checks every box. Call today!

Features

§ 02
Features not yet itemizedThis listing has no feature tags from the MLS. We will enrich this from the seller's disclosure when loaded.

Property Details

§ 03 · Full MLS record

Property

Property Type Land
New Construction No

Rooms & Baths

Bathrooms (total) 0
Rooms Total 0

Exterior

Pool Private No

Parking & Garage

Garage Spaces 0

Lot

Lot Size (acres) 115.0000
Additional Parcels Yes
Additional Parcel Info 21932,21934

Location

County Matagorda
MLS Area Major 54
Subdivision D J Smith Tx Rice Dev Sub
Road Surface Asphalt,Gravel
Postal Code 77465

Utilities

Water Source Well

Taxes, Terms & Disclosures

Tax Annual Amount $4
Tax Year 2025
Tax Rate (est.) 0.00%
Parcel # 21931
Legal Description J SMITH TX RICE DEV S/D AB 379 TR 12-C 3.55 AC NE 1/4 SEC 12
Lease Considered No
Disclosures None

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
No HOA on recordIf this is an HOA property, details are not yet loaded. Full cert available on request.

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
7,000 Mbps
Fiber available
Fixed Wireless
T-Mobile
Speeds per provider
Fixed Wireless
Verizon
Speeds per provider
Satellite
HughesNet
Speeds per provider
Satellite
Starlink
Speeds per provider
Satellite
Viasat Inc
Speeds per provider
Unknown
Frontier
Speeds per provider
Unknown
MyJEC.net
Speeds per provider
Unknown
Nextlink
Speeds per provider
+ 1 additional provider(s)

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
No comps within 0.5 mi in the last 90 daysExpand the search radius via the "Full report" CTA.

Subdivision & Master Plan

§ 10
● Master plan
D J Smith Tx Rice Dev Sub
TIER: SUBDIVISION
Subdivision name (MLS)D J Smith Tx Rice Dev Sub City · ZIPPalacios · 77465 CountyMatagorda Listings in subdivision7 Active now1 Sold (last 12 mo)0 Curated amenities0
● Year-built distribution
No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11
Nearest station
Fire Station
Distance
3.0 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
TBD Hwy 35, Palacios, TX 77465
Matagorda County · 28.72°N, 96.26°W
No curated amenities within 2 mi yet.
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Mar 16, 2026 Listed $1.21M Lindsey Lee
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Lindsey Lee · Twin Rivers 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 Jun 5, 2026.
MLS# 71687537 · LIST DATE: Mar 16, 2026 · PARCEL: 21931
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 23, 2026, 10:44 PM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity