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    Fm 463 Devine, TX 78016

    For Sale
    $670,500

    37.25 Acres, Prime Location, $670,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 37.25-acre tract of unimproved land presents a unique investment opportunity in Devine, Texas, conveniently located just outside of San Antonio. Priced at $670,500, or $18,000 per acre, this property offers significant potential for diverse commercial, industrial, or residential development. The land will be surveyed from a larger parcel prior to closing, ensuring a clearly defined and legally sound purchase. The property's location outside the city limits of Devine, within Medina County, provides flexibility for various development plans. While situated near the intersection of FM 463, the property benefits from the proximity of Benton City water lines running along TX-132. Prospective buyers are responsible for verifying water availability and capacity. The seller is open to discussing the possibility of acquiring additional contiguous acreage, should the buyer require a larger land footprint. This versatile property is ideal for investors seeking a substantial land holding with significant development potential in a rapidly growing area of Texas. The property's location offers easy access to San Antonio, combining the advantages of a rural setting with the convenience of proximity to a major metropolitan area.

    Property Features for 0 Fm 463

    General Information

    Property type
    Land
    Lot Size
    1,622,610 SF

    HighLights

    • 37.25‑acre unimproved land tract in Devine, TX, near San Antonio.
    • Priced at $670,500 ($18,000/acre).
    • Suitable for commercial, industrial, or residential development.
    • Land to be surveyed prior to closing.
    • Located in Medina County, outside Devine city limits, near FM 463.
    • Proximity to Benton City water lines along TX‑132 (buyer to verify availability/capacity).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Devine
    County
    Medina
    State
    Texas
    Longitude
    -98.889012085513
    Latitude
    29.151528137317

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    FAQs

    What type of property is this?
    Land - 37.25 Acres, Prime Location, $670,500
    Where is this land located?
    The property is located at Fm 463 Devine, TX.
    What is the asking price?
    The asking price for this property is $670,500.
    What are key features of this property?
    This property features: 37.25-acre unimproved land tract in Devine, TX, near San Antonio.; Priced at $670,500 ($18,000/acre).; Suitable for commercial, industrial, or residential development.
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    Realmo Value Estimation

    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.

    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.

    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
    Fm 463 Devine, TX 78016
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