Sign Up Successful!
You now have access to more from Realmo!
    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

    Mariposa Dr, Unit 28 Poteet, TX 78065

    Sponsored
    For Sale
    $75,000

    LAND - Poteet, TX

    Property size:
    34,412 SF
    Lot size:
    0.79 Acres
    Days on Market:
    332
    Last Refresh:
    Feb 5 at 6:06 pm

    Property Features for Mariposa Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Size
    34,412 SF
    Lot size
    0.79 Acres

    We can help!

    Listing Contact
    Ana Banda

    LPT Realty LLC (877) 366-2213

    Listing agent Ana Banda (877) 366-2213

    Listing date Mar 11, 2025

    MLS# 1839215 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Corner Lot in Poteet, Texas

    This 0.79-acre corner lot is located in Poteet, Texas, minutes south of San Antonio, in Oak View Acres. The property, equivalent to 34412 square feet, offers tranquil country living with paved road access and mature oak trees. Electricity and water utilities are available at the street. The property has no HOA and no restrictions, allowing for mobile homes, manufactured homes, or building a dream home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Poteet
    County
    Atascosa
    State
    Texas
    Longitude
    -98.678266
    Latitude
    29.113388

    Nearby Similar for Sale

    • $1,179,000
      2,410 SF

      Poteet Ranch-Style Home on Acreage

      Ranch-style home on 30.84 acres in Poteet, Texas.
      4555 S Ogden Rd, Poteet, TX 78065
      View Details
    • $190,000

      Highway Frontage Mixed-Use Property

      High-visibility corner property with residential homes, development potential.
      17033 State Highway 16, Poteet, TX 78065
      View Details
    • $340,000

      Highway Frontage Warehouse in Poteet

      2208 SF warehouse with highway frontage in Poteet, TX.
      8753 State Highway 16, Poteet, TX 78065
      View Details
    • $749,000

      Mixed-Use Investment Opportunity in Poteet

      Multi-use investment property with restaurant, storage units, apartments, and office.
      8385 Hwy, Poteet, TX 78064
      View Details
    • $385,000

      Poteet Acreage with Development Potential

      14 acres near Poteet, Texas, with development possibilities.
      7527 Hwy N, Poteet, TX 78065
      View Details
    • $1,000,000
      14,132 SF

      Two Stand-Alone Buildings on Corner

      Two stand-alone buildings on a hard corner in Poteet, TX.
      9550 N State Highway 16, Poteet, TX 78065
      View Details
    • $1,174,680

      Poteet Agricultural Land For Sale

      Agricultural property available in Poteet, Texas.
      428 Horton Rd, Poteet, TX 78065
      View Details
    • $495,000

      Log Cabin Property For Sale

      Specialty property for sale in Poteet, Texas.
      315 Log Cabin Way, Poteet, TX 78065
      View Details
    • $250,000

      Specialty Property in Poteet, Texas

      Specialty property available for sale in Poteet, Texas.
      167 Gayle Ln, Poteet, TX 78065
      View Details
    • $100,000

      Avenue F Specialty Property

      Specialty property available for sale in Poteet, Texas.
      749 Avenue F, Poteet, TX 78065
      View Details
    • $510,000

      Poteet Specialty Property For Sale

      Specialty property available for purchase in Poteet, Texas.
      70 Nine Patch Dr, Poteet, TX 78065
      View Details
    • $450,000

      Clear Lake Loop Property

      Property located on Clear Lake Loop, Poteet, TX.
      90 Clear Lake Loop, Poteet, TX 78065
      View Details

    FAQs

    What type of property is this?
    Land - Spacious corner lot with utilities ready in Oak View Acres.
    Where is this land located?
    The property is located at Mariposa Dr, Unit 28 Poteet, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Prime corner lot location in Oak View Acres, Poteet, Texas.; - No HOA or restrictions: mobile homes, manufactured homes, or site-built homes are allowed.; - Utilities available: electricity and water at the street.
    (210) 316-8432
    Request Owner's contact information
    Mariposa Dr, Unit 28 Poteet, TX 78065
    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.
    Mariposa Dr, Unit 28
    Poteet, TX 78065
    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
    Mariposa Dr, Unit 28 Poteet, TX 78065
    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

    We can help!
    Listing Contact
    Ana Banda
    (210) 316-8432
    Learn more
    Google sign-in failed. Please try again or use another login method.