0 Las Palomas Dr La Vernia, TX 78121
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.
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
Similar Nearby for Sale
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.