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Property profile & analytics
OFF-MARKET
Land

0 Las Palomas Dr La Vernia, TX 78121

57.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 57.9-acre property in La Vernia, Texas, presents a remarkable opportunity for commercial and residential development. Located on Las Palomas Dr, Wilson County, zip code 78121 (coordinates 29.34938, -98.02038), this unzoned land offers complete freedom from restrictive covenants and HOA fees. All essential utilities are readily accessible: South Central Water provides sewer service, SS Water Supply offers water, GVEC supplies electricity and fiber optic capabilities. A short line extension may be required for some utilities, per provider specifications. An ALTA survey is available for review. The property's potential is significant, with a feasible density of 3 or more lots per acre, as confirmed by the sewer provider. This prime location offers investors and developers a unique chance to create a thriving community. The property is offered at $1,200,000 and is being sold by the owner, BBT SERIES XVI LLC. The APN is 0171-00000-00104.

Property profile
Verified
Property type Land
Lot 57.9 ac (2,522,124 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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