Offered at less than 25% of 2006 Appraisal: Unique opportunity to entitle and develop gulf front property located on Mustang Island in the cities of Corpus Christi and Port Aransas, Texas. Subject property is approximately 397 acres that span eight tracts including 4,050 feet of frontage along the Gulf of Mexico. Approximately 171 acres consist of seven tracts of varying beach frontages with high density zoning and the ability to offer multiple development concepts at varying price points. The largest contiguous tract, perfect for the development