Coastal dreams start and end here! This stunning WATERFRONT home on approximately one acre offers breathtaking views of the bay and the ultimate coastal lifestyle. Enjoy your own 150-foot T-head pier, complete with electricity and green fishing lights that bring the water to life after sunset. A bulkhead and jet ski float lift add to the convenience, while a cozy fire pit invites you to unwind by the water’s edge on cool evenings. Step inside this coastal-inspired 3-bedroom, 2-bath home, where natural light floods every space. The kitchen offers panoramic 180-degree water views, framed by impact-resistant windows that maximize both beauty and durability. Downstairs, a storage and tackle room is perfectly designed for all your fishing gear, and there’s ample space for both a bay boat and an offshore boat and more. Take a leisurely stroll to the Waypoint Landing community pier, or launch your boat just minutes away at Jensen Point Boat Ramp or the Palacios Harbor. Plus, no city taxes! Located along the shores of Matagorda Bay, this home is just a 20-minute boat ride to Port O’Connor, giving you easy access to world-class fishing and coastal adventures. The charming town of Palacios, TX—known as the "City by the Sea"—welcomes you home to waterfront living at its finest!
Active
Price cut: $22.1K (3/20)
$474,900
299 Bay Dr, Palacios, TX 77465
3beds
1,295sqft
Est.:
Single Family Residence
Built in 2019
0.99 Acres Lot
$-- Zestimate®
$367/sqft
$25/mo HOA
What's special
Stunning waterfront homeJet ski float liftApproximately one acreStorage and tackle roomImpact-resistant windows
- 35 days |
- 923 |
- 36 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sarah Rowlands (361)648-8131,
Coldwell Banker D'Ann Harper
Source: Central Texas MLS,MLS#: 607034
Originating MLS: Victoria Area Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air, 1 Unit
Appliances
- Included: Dishwasher, Electric Range, Water Heater, Some Electric Appliances, Microwave, Range
- Laundry: Inside, Upper Level
Features
- All Bedrooms Up, Ceiling Fan(s), Storage, Shower Only, Separate Shower, Upper Level Primary, Walk-In Closet(s), Breakfast Bar
- Flooring: Vinyl, Wood
- Windows: Storm Window(s)
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,295 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: RV Access/Parking
- Carport spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Fire Pit, Porch
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Water Access, Other
- Body of water: Water Access,Water View,Waterfront
Lot
- Size: 0.99 Acres
Details
- Parcel number: 118379
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,See Remarks,Stilt,Traditional
- Property subtype: Single Family Residence
Materials
- Vertical Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 2019
Utilities & green energy
- Sewer: Not Connected (at lot), Public Sewer
- Water: Public
Community & HOA
Community
- Features: Fishing, Pier
- Security: Security System Owned
- Subdivision: Waypoint Landing
HOA
- Has HOA: Yes
- HOA fee: $295 annually
Location
- Region: Palacios
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $438,670
- Annual tax amount: $6,020
- Date on market: 3/11/2026
- Cumulative days on market: 395 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Price change | $474,900-4.4%$367/sqft |
Source: | ||
| 3/11/2026 | Listed for sale | $497,000$384/sqft |
Source: | ||
| 3/1/2026 | Listing removed | $497,000$384/sqft |
Source: | ||
| 1/30/2026 | Price change | $497,000-0.4%$384/sqft |
Source: | ||
| 11/21/2025 | Price change | $499,000-10.7%$385/sqft |
Source: | ||
| 10/27/2025 | Price change | $559,000-4.4%$432/sqft |
Source: | ||
| 9/2/2025 | Listed for sale | $584,900+0.2%$452/sqft |
Source: | ||
| 9/1/2025 | Listing removed | $583,900$451/sqft |
Source: | ||
| 7/2/2025 | Price change | $583,900-0.2%$451/sqft |
Source: | ||
| 5/19/2025 | Listed for sale | $584,900-4%$452/sqft |
Source: | ||
| 5/17/2025 | Listing removed | $609,000$470/sqft |
Source: | ||
| 5/7/2025 | Price change | $609,000-4.1%$470/sqft |
Source: | ||
| 4/22/2025 | Price change | $634,900-2.3%$490/sqft |
Source: | ||
| 2/19/2025 | Listed for sale | $649,900+94%$502/sqft |
Source: | ||
| 4/30/2021 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/15/2021 | Pending sale | $335,000$259/sqft |
Source: Matagorda County BOR #775617 Report a problem | ||
| 3/2/2021 | Listed for sale | $335,000$259/sqft |
Source: Texas Coastal Properties #775617 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,020 +18.9% | $387,672 +20% |
| 2024 | $5,063 -9.2% | $323,060 -3.6% |
| 2023 | $5,576 -10.6% | $335,140 +8.5% |
| 2022 | $6,240 +4.6% | $308,980 -0.4% |
| 2021 | $5,967 +242.4% | $310,180 +244.6% |
| 2020 | $1,742 +128.4% | $90,000 |
| 2019 | $763 | $90,000 -37.4% |
| 2018 | -- | $143,750 |
| 2017 | -- | $143,750 +19.8% |
| 2016 | -- | $120,000 +20.1% |
| 2015 | -- | $99,900 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,825/mo
Principal & interest
$2305
Property taxes
$495
HOA Fees
$25
More affordability tools
Climate risks
Neighborhood: 77465
Nearby schools
GreatSchools rating
- 5/10Central Elementary SchoolGrades: PK-2Distance: 2.7 mi
- NAPalacios Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Palacios High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Palacios ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Matagorda County
- Palacios
- 77465
- 299 Bay Dr






