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Property profile & analytics
OFF-MARKET
Land

7979 Goyo Garcia Rd Raymondville, TX 78580

38.79 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 38.79 ac (1,689,692 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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