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    3315 Fm 523 Oyster Creek, TX 77541

    For Sale
    $1,290,000

    9-Acre Texas Commercial Property

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Oyster Creek, Texas property presents a unique investment opportunity encompassing nearly 9 acres and six versatile buildings. The property includes a 3,000 sq ft residence with a commercial kitchen, a remodeled 2,524 sq ft residence, a 2,812 sq ft residence divided into five living suites, and a 2,798 sq ft residence with six bedrooms and four bathrooms. Also included is a unique schoolhouse structure with classrooms and storage, and a 1,530 sq ft barn/warehouse. Amenities include a covered basketball court, fencing, a horse paddock, and backup generators in multiple buildings. Many buildings feature ceramic tile flooring, eight-foot ceilings, central heating and cooling, and fire sprinklers. The property's diverse structures and expansive land offer significant potential for various uses, including a youth camp, church retreat, short-term housing, or other community-focused initiatives. The asking price is $1,290,000. This is a rare opportunity to acquire a substantial property with immense development potential in a desirable Texas location. The property is located at 3315 FM 523, Oyster Creek, TX 77541.

    Property Features for 3315 Fm 523

    General Information

    Property type
    Mixed-use properties
    Lot Size
    386,813 SF

    HighLights

    • 9‑acre Oyster Creek, TX property with six buildings totaling over 12,000 sq ft.
    • Includes a 3,000 sq ft residence with commercial kitchen and three additional residences totaling over 8,000 sq ft.
    • Also features a schoolhouse and a 1,530 sq ft barn/warehouse.
    • Amenities include a covered basketball court, fencing, horse paddock, and backup generators.
    • $1,290,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oyster Creek
    County
    48039
    State
    Texas
    Longitude
    -95.3285534
    Latitude
    29.0050767

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    FAQs

    What type of property is this?
    Mixed-use property - 9-Acre Texas Commercial Property
    Where is this mixed-use property located?
    The property is located at 3315 Fm 523 Oyster Creek, TX.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: 9-acre Oyster Creek, TX property with six buildings totaling over 12,000 sq ft.; Includes a 3,000 sq ft residence with commercial kitchen and three additional residences totaling over 8,000 sq ft.; Also features a schoolhouse and a 1,530 sq ft barn/warehouse.
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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
    3315 Fm 523 Oyster Creek, TX 77541
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