Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    179 PR 6624 Devine, TX 78016

    View on Map
    For Sale
    $375,000

    LAND - Devine, TX

    Property size:
    1,680 SF
    Lot size:
    16.95 Acres
    Added:
    Mar 21, 2026
    Days on Market:
    12
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for 179 PR 6624

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R
    Standard status
    Active
    Size
    1,680 SF
    Lot size
    16.95 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    6333

    We can help!

    Listing Contact
    Misty Thompson

    Listing agent Misty Thompson

    Listing office KW Thompson Houston Real Estate 703 W Hondo Ave, San Antonio, TX

    Listing date Mar 21, 2026

    MLS# 1918433

    Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    16+ Acres in Devine, TX

    This expansive property, spanning over 16 acres, is located just outside the heart of Devine, Texas. The land is fully fenced and includes cattle pens, two water wells, a water meter, and three mobile home pads. The property also features a 1,680 square foot home. This property offers a blend of country tranquility and city accessibility and presents opportunities for ranching or simply enjoying wide-open space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Devine
    County
    Medina
    State
    Texas
    Longitude
    -98.9599
    Latitude
    29.1707

    Nearby Similar for Sale

    • $119,900
      1,369 SF

      Devine, TX Duplex Investment

      Income-producing duplex in Devine, TX, move-in ready and vacant.
      897 Zig Zag, Devine, TX 78016
      View Details
    • $25,000

      Residential Land in Devine, TX

      Spacious lot ready for a dream home near city amenities.
      Renfro, Devine, TX 78016
      View Details
    • $162,800

      Expansive Land in Devine, TX

      8+ acres of unrestricted, fenced land in Devine ISD.
      County Road 664, Devine, TX 78016
      View Details
    • $30,000

      Residential Lot in Devine, TX

      Spacious residential lot in Devine, Texas, for building a home.
      704 Curtis, Devine, TX 78016
      View Details
    • $149,500

      5 Acres Near Devine, TX

      5+ acres of land near Devine, Texas, with minimal restrictions.
      County Road 671, Devine, TX 78016
      View Details
    • $125,000

      3+ Acre Lot in Devine

      Expansive, level lot perfect for building your dream property.
      CR 7714, Lot 3, Devine, TX 78106
      View Details
    • $47,500

      Residential Lot in Devine, TX

      Cleared lot ready for custom home in Devine, Texas.
      WASHINGTON, Devine, TX 78016
      View Details
    • $30,000

      Residential Corner Lot in Devine

      Corner lot in Devine, Texas, ideal for building a home.
      Curtis, Devine, TX 78016
      View Details
    • $85,000

      Residential Lot in Devine, TX

      Spacious lot ready for a custom home in Devine.
      402 W Dilley, Devine, TX 78016
      View Details
    • $77,500

      3 Acre Lot in Devine

      Expansive 3 acre lot, ideal for building your dream home.
      FM 1343 Lot 1, Devine, TX 78016
      View Details
    • $199,000
      479,160 SF

      11 Acres in Devine, TX

      Unrestricted 11-acre property perfect for building or investment.
      1083 County Road 6610, Devine, TX 78016
      View Details
    • $95,000

      Unrestricted Land in Devine, TX

      Two acres of unrestricted land ready for your vision.
      949 CR 777 LOT 5, Devine, TX 78016
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Expansive 16+ acre land with multiple improvements near Devine.
    Where is this agricultural land / farmland located?
    The property is located at 179 PR 6624 Devine, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 16+ Acres of Land; Two Water Wells and a Water Meter; Three Mobile Home Pads
    (210) 696-9996
    We can help!
    Listing Contact
    Misty Thompson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!