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    7979 Goyo Garcia Rd Raymondville, TX 78580

    Sponsored
    For Sale
    $980,000

    38 Acres, Income Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire the El Terco Shrimp Farm, a 38.79-acre property in Raymondville, Texas (78580), encompassing a thriving shrimp farming operation with significant recreational potential. This unique property features three 7-acre ponds, each averaging 6 feet deep, totaling 21 acres of water suitable for shrimp or fish cultivation. Each pond is equipped with six wooden docks, a water valve, a cement floodgate, aerators (eight 2 hp, four 10 hp, and one large hp), and twelve food sampling trays. The property boasts two 1000-foot deep wells with 40 hp water pump engines and 6-inch submersible pumps, ensuring independent water supply. A backup diesel generator provides power for all three ponds (198 hp total), and motion sensors enhance security. Improvements include a ranch house with two bedrooms and two bathrooms, covered parking, and a large 50ft x 60ft storage building (13-15ft high). A substantial list of equipment is included. The property's versatility allows for continued shrimp farming, or transformation into a private recreational haven for fishing, duck hunting, or other outdoor pursuits. All dimensions are estimates; buyers should verify before submitting an offer. The property is sold as-is, and buyers are responsible for investigating any concerns. Asking price: $980,000.

    Property Features for 7979 Goyo Garcia Rd

    General Information

    Property type
    Farms
    Lot Size
    1,689,692 SF

    HighLights

    • $980,000 asking price for 38.79 acres of land in Willacy County, Texas.
    • The property includes a fully operational shrimp farm with three 7‑acre ponds, totaling 21 acres of water.
    • Extensive infrastructure includes multiple aerators, docks, floodgates, two 1000‑foot deep wells with pumps, and a backup diesel generator.
    • Improvements also include a ranch house (2 bed/2 bath), covered parking, and a large storage building (50' x 60').
    • Significant equipment included; contact listing agent for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raymondville
    County
    Willacy
    State
    Texas
    Longitude
    -97.8814261
    Latitude
    26.4643224

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    FAQs

    What type of property is this?
    Farm - 38 Acres, Income Potential
    Where is this farm located?
    The property is located at 7979 Goyo Garcia Rd Raymondville, TX.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: $980,000 asking price for 38.79 acres of land in Willacy County, Texas.; The property includes a fully operational shrimp farm with three 7-acre ponds, totaling 21 acres of water.; Extensive infrastructure includes multiple aerators, docks, floodgates, two 1000-foot deep wells with pumps, and a backup diesel generator.
    Request Owner's contact information
    7979 Goyo Garcia Rd Raymondville, TX 78580
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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
    7979 Goyo Garcia Rd Raymondville, TX 78580
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