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1601 1st Street

Palacios, TX 77465
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Bed 2

Bed

Bath 2

Bath

Acres3.08

Acres(Lot)

An incredible opportunity awaits at 1601 1st Street in Palacios, TX, featuring a manufactured home and a restaurant on approximately 3 acres, offered at $600,000. The manufactured home provides versatility for owner-occupancy, rental income, or staff housing, adding an extra revenue stream to this prime investment. Situated across from Palacios Community Medical Center, the restaurant space is ready for a new concept or continued use, making it ideal for an owner-operator or investor. The expansive acreage offers potential for future development, expansion, or alternative business opportunities. A current tenant operates on a month-to-month lease, allowing flexibility for the new owner to continue leasing or take over the space. With a strategic location and multiple income possibilities, this property is a rare find in a growing area. Don’t miss out on this unique investment—contact us today for more details or to schedule a tour!

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Detail Ic Property Details

Property Type : Residential

Price : $600,000

AD Id : 63691447

MLS Id : 82687292

Beds : 2

Lot Size : 3.08 Acres

Year Built : --

County : Matagorda

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 2
  • Roofing Information

    Other
  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric

  • Building Information

    Construction Materials: Other Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 3.079 Acres Lot Size Acres: 3.079 Lot Size Square Feet: 134121.24 Lot Description: Corner Lot

  • Listing Price Information

    Listing Price: $600000

  • Tax Information

    Parcel Number: 016209020017A0 Tax Legal Desc: L GOODWIN TX RICE DEV S/D AB 162 PART LOT 17 .48 AC SE 1/4 S

  • Parking Information

    Additional Parking

  • School Information

    Elementary School: Central Elementary School (Palacios)
    Junior High School: East Side Intermediate
    Senior High School: Palacios Junior Senior High School
  • Location Information

    Direction: Take US 59 to El Campo. Take Highway 71 South to Highway 35. Take Highway 35 South to 1st Street in Palacios. Property is on your right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
106 Avalon, Palacios, TX, 77465 $110,000 2 1 592 592 SqFt
334 Old River Road, Palacios, TX, 77465 $215,000 2 2 1,268 1,268 SqFt
483 Riverside Drive, Palacios, TX, 77465 $399,000 3 2 1,881 1,881 SqFt
160 Tupelo, Palacios, TX, 77465 $89,900 2 1 756 756 SqFt
1236 Riverside Drive, Palacios, TX, 77465 $259,000 2 3 374 374 SqFt
1236 Riverside Drive, Palacios, TX, 77465 $259,000 2 3 374 374 SqFt
3809 Fm 2853, Palacios, TX, 77465 $350,000 3 2 1,783 1,783 SqFt
1809 E Bayshore Drive D.., Palacios, TX, 77465 $399,999 2 2 2,565 2,565 SqFt
2203 E Bayshore Drive, Palacios, TX, 77465 $465,000 4 4 2,594 2,594 SqFt
404 E Elizabeth Avenue, Palacios, TX, 77465 $219,900 3 2 1,520 1,520 SqFt

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 06/08/2026 @ 16:47

MLS: 82687292 LISTED BY: Quenton Rockwell, Coldwell Banker Realty - Greater Northwest 281-304-5900 SOURCE: Houston Association of REALTORS

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