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    00 Us Hwy Encino, TX 78353

    For Sale
    $429,000

    16 Acres, 3 Wells, Highway Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 16.33-acre property in Encino, Texas, presents a unique investment opportunity. Located directly off US Highway 281, this expansive land offers significant potential for various uses, combining residential and agricultural possibilities. The property boasts three existing water wells, providing a reliable water source for future development or farming activities. Electricity is readily available, simplifying the process of connecting utilities. Included on the property is a former gas station building, which sustained significant fire damage and is currently non-functional. Buyers should be aware of the extensive fire damage and the need for demolition or extensive renovation. The property's highway frontage provides excellent visibility and accessibility, making it ideal for a variety of commercial or residential ventures. The zoning and permitted uses should be verified with the relevant Brooks County authorities. This substantial acreage offers a rare chance to acquire a large parcel of land in a desirable Texas location with existing infrastructure. The combination of land size, water resources, and highway access makes this property a compelling investment opportunity. Serious inquiries only. The property is sold as-is.

    Property Features for 00 Us Hwy

    General Information

    Property type
    Farms
    Lot Size
    711,335 SF

    HighLights

    • $429,000 asking price.
    • 16.33‑acre land parcel.
    • Located in Encino, TX, on US Highway 281.
    • Property includes three water wells and potential for electricity.
    • Includes a fire‑damaged, non‑functional gas station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Encino
    County
    Brooks
    State
    Texas
    Longitude
    -98.1775638
    Latitude
    26.8895624

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    FAQs

    What type of property is this?
    Farm - 16 Acres, 3 Wells, Highway Frontage
    Where is this farm located?
    The property is located at 00 Us Hwy Encino, TX.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: $429,000 asking price.; 16.33-acre land parcel.; Located in Encino, TX, on US Highway 281.
    Request Owner's contact information
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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
    00 Us Hwy Encino, TX 78353
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