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Property profile & analytics
OFF-MARKET
Land

0 Fm 463 Devine, TX 78016

37.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 37.25 ac (1,622,610 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
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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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