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By
Rick @
Monday, March 19, 2007 3:16 PM | |
Do they have water and electric up there yet? I have not seen any news about that. |
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By
mikead @
Tuesday, March 20, 2007 9:24 AM | |
The major property owners of the land tracks on the North end of South Padre Island have agreed to extend utilities to track 14. |
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By
Rick @
Tuesday, March 20, 2007 10:07 AM | |
Are they annexed into SPI for water? It seems like this would make news at a local if not state level. Yet there is no mention on this in print anywhere. Seems highly speculative at best. If I'm missing something please let me know. I'm bullish on SPI. |
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By
mikead @
Monday, March 26, 2007 3:18 PM | |
There are plans underway to supply the future water needs of the Island through a process called desalination. We will be releasing a news article later this week that discusses some of the details. |
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By
Jim Kirksey @
Wednesday, April 11, 2007 6:21 PM |
It is our understanding the utilities have been approved by Lunga Madre Water District for
extension to the North.
We appreciate your comprehensive site since our family owns property to the North and we are interested in all development events and news in that direction.
Thanks Jim Kirksey |
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ByKen T. @
Thursday, April 26, 2007 7:21 AM |
We too are excited about this development as we own a lot on tract 17.
See ya on the Beach! |
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By
rick @
Thursday, May 10, 2007 8:56 AM | |
Any updates on this? I have not seen any prices listed. And oddly enough, the Las Olas project on tract 3 has just vanished into thin air. Can't even find it on Google anymore. I'm guessing the utilities got denied. |
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ByMichael Stuart @
Thursday, May 10, 2007 3:37 PM |
Prices are on the site here now, press the tell me more link above. Also checkout new site at
www.wilddunestexas.com |
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By
Ken @
Friday, May 11, 2007 8:00 AM |
Los Olas is completely reserved, so they pulled the ads.
Got your appraisal yet? How bout a 1011% increase! Guess they read the deed.... |
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By
rick @
Friday, May 11, 2007 12:12 PM | |
Don't get me wrong, I'm a land owner along the road. I am just skeptical/realistic about the utilities coming up our way. Until it has the government stamp--a nearly impossible task-- no sand will turn and all of this is fantasy island. I think we're a generation away. 25 years at least. |
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By
David @
Thursday, June 07, 2007 4:20 PM | |
What Track # is Los Olas?
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ByKen T. @
Friday, June 08, 2007 6:55 AM | |
Los Olas is the north 1/2 of Tract 1 and part of tract 2, I think. Or maybe 2. Cibola is 3, I think. Can't find the emails from the realtor. None the less they are part of the group seeking annexation into the LMWD all the way up to tract 14, or so I'm told :)
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By
mikead @
Friday, June 08, 2007 3:48 PM | |
Las Olas is Tract 2. Cibola is Tract 3. They are part of the group seeking annexation all the way to Tr 14 (into the water district). Mary Phillip Broker |
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By
Ben @
Tuesday, June 19, 2007 12:41 PM | |
Have the utilities been approved yet(for tracts 1-14)...and if so, when do you think they will be in? Does anyone have a ballpark price estimate per acre for one of the tracts with utilities? Thanks. |
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By
rick @
Tuesday, June 19, 2007 1:14 PM | |
That is a great question. There are listings right now that have acreage at 2M+, right on the beach side of tract 2. Some are 190K per acre. Until a developer comes in and turns some actual sand and purchases an available tract on the open market, who knows. For comparables, I don't see why tracts 1-14 (once utilities are in) would not be at least 500K per acre. That is still 25-50% less than similar beach/bay property in Port Aransas, Mustang Island, Galveston, etc. Landowners are in the catbird seat. The growth is coming North. If you have the staying power, it could be worth millions. Us islanders have learned to be patient with regards to the North Side :) |
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