Date
Details
Price
Change
Source
2/23/2026
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$2,450,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
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 strategic land acquisition opportunity in a high-demand coastal corridor. Ideal for mixed-use development, resort concepts, residential subdivision, or long-term land hold.
Full Property Details
Full Property Details for 1575 Hwy 87
General
- Price: $2,450,000
- Taxes: $1,115 (2025)
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 58036651
- Updated: Today (2/23/2026)
- Added to Site: Today
Location
- Area: 33
- County: Galveston
- Subdivision: E FRANKS SUR
- Driving Directions: From the ferry landing, drive approximately 19.6 miles. The property is on your left.
School Information
- Elem School District: 25 - High Island
- Midd School District: 25 - High Island
- High School District: 25 - High Island
- Elementary School: HIGH ISLAND SCHOOL
- Middle School: HIGH ISLAND SCHOOL
- High School: HIGH ISLAND SCHOOL
Utilities
- Water: None
Lot Features
- Property View: Bay, Beach, Canal, Water
- Lot Size (Acres): 123.038
- Lot Size Source: Survey
- Lot Features: Other, Split Possible, Views, Waterfront
- Potential Use: Agricultural, Hunting, Other, Ranch, Recreational, Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayfront, Canal Front, Ocean Access, Pond, Waterfront
Financial Considerations
- Tax Amount: $1,115
- Tax Year: 2025
- Terms: Buyer Assistance Programs, Cash, Conventional, Investor Financing, Other, Texas Vet, USDA Loan
Disclosures and Reports
- Legal Description: ABST 64 E FRANKS SUR TR 58-0-1 ACRES 123.038
- Legal Disclosures: None
- APN: 0064-0058-0000-001
Listed by Bian Realty (972) 267-4400, Polin Bud (832) 899-5470
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1575 Hwy 87 —
Polin Bud
Bian Realty
832-899-5470
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1575 Hwy 87
School District:High Island Independent School District
| Name | Grades | Distance |
|---|---|---|
High Island High School 2113 6th St, Bolivar Peninsula, TX 77623 | PK-12 | 8.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1575 Hwy 87
Tax History
Tax History for 1575 Hwy 87
Year
Property Taxes
Change
Tax Assessment
Change
2024
$981
22%
$72,288
20%
2023
$807
-4%
$60,240
20%
2022
$838
7%
$50,200
—
2021
$780
-5%
$50,200
—
2020
$820
-16%
$50,200
—
2018
$972
6%
$50,200
—
2019
$913
-5%
$50,200
—
2017
$957
-2%
$50,200
—
2016
$979
1%
$50,200
—
2015
$965
-2%
$50,200
—
2013
$984
—
$50,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1575 Hwy 87
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- Single Family
- Active
- Updated 1 hour ago
- 4Beds
- 3Total Baths
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1575 Highway 87, Gilchrist, TX 77617 (MLS# 58036651) is a Lots/Land property with a lot size of 123.038 acres. 1575 Highway 87 is currently listed for $2,450,000 and was received on February 23, 2026. Want to learn more about 1575 Highway 87? Do you have questions about finding other Lots/Land real estate for sale in Gilchrist? You can browse all Gilchrist real estate or contact a Coldwell Banker agent to request more information.