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1575 Highway 87

Gilchrist, TX 77617
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Acres123.04

Acres(Lot)

Positioned in the heart of the rapidly expanding Bolivar Peninsula, this 123.038-acre tract with ±1,100 feet of frontage offers exceptional upside for commercial or residential development. The area is undergoing transformative growth: • 1,000-ft T-shaped fishing pier & public park at Roll Over Pass (completion expected July 2026) • 110-acre Peninsula Beach Resort in Crystal Beach featuring retail, hospitality, luxury condos, rental cottages & private airport • Nearly $100M Camp Margaritaville expansion tripling resort capacity • $110M Entergy Texas infrastructure upgrade enhancing grid reliability • Strong demand for luxury beach homes & short-term rentals on oversized lots With expanding tourism, infrastructure investment, and luxury residential growth, this property presents a st rategic land acquisition opportunity in a high-demand coastal corridor. Ideal for mixed-use development, resort concepts, residential subdivision, or long-term land hold.

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Detail Ic Property Details

Property Type : Land

Price : $2,450,000

AD Id : 75573584

MLS Id : 58036651

Lot Size : 123.04 Acres(Lot)

County : Galveston

Subdivision: E Franks Sur

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Feature Features

  • Heating & Cooling

    Water front: 1

  • Lot Information

    Main Square Feet: 123.038 Acres Lot Size Acres: 123.038 Lot Size Square Feet: 5359535.28 Lot Description: Other, Waterfront

    Property Information

    Subdivision: E Franks Sur Source Property Type: Land

  • Listing Price Information

    Listing Price: $2450000 Cash, Conventional, USDA Loan

  • Tax Information

    Parcel Number: 006400580000001 Tax Year: 2025 Annual Tax: $1115 Tax Legal Desc: ABST 64 E FRANKS SUR TR 58-0-1 ACRES 123.038

  • School Information

    Elementary School: High Island School
    Junior High School: High Island School
    Senior High School: High Island School
  • Utility Information

    Water Not Available
  • Location Information

    Direction: From the ferry landing, drive approximately 19.6 miles. The property is on your left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2237 Highway 87, Gilchrist, TX, 77617 $650,000 -- -- -- 6.52 Acres(Lot)
0000 21 Faggards Slip R.., Gilchrist, TX, 77617 $40,000 -- -- -- 0.06 Acre(Lot)
1309 Tracy's Way, Gilchrist, TX, 77617 $75,999 -- -- -- 0.12 Acre(Lot)
1308 Tracy's Way, Gilchrist, TX, 77617 $74,370 -- -- -- 0.11 Acre(Lot)
1328 Tracy's Way, Gilchrist, TX, 77617 $74,999 -- -- -- 0.11 Acre(Lot)
0-3 Highway 87, Gilchrist, TX, 77617 $799,000 -- -- -- 2.22 Acres(Lot)
1312 Tracy's Way, Gilchrist, TX, 77617 $74,999 -- -- -- 0.11 Acre(Lot)
1329 Tracy's Way, Gilchrist, TX, 77617 $75,999 -- -- -- 0.12 Acre(Lot)
000 N/a, Gilchrist, TX, 77617 $150,000 -- -- -- 125 Acres(Lot)
322 Seagrass, Gilchrist, TX, 77617 $249,000 -- -- -- 0.15 Acre(Lot)

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 06/10/2026 @ 11:04

MLS: 58036651 LISTED BY: Polin Bud, Bian Realty 972-267-4400 SOURCE: Houston Association of REALTORS

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