0 Fm 463 Devine, TX 78016
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.