389 Acres Hondo, TX 78861
- Land
- 389.00 lot acres
Current Use by Public Records
- Land
Property Details for 389 Acres
- Lot size
- 389.00 lot acres
- Property type
- Land
Description
This exceptional 389-acre commercial property in Medina County, Texas, presents a unique investment opportunity. Located near Hondo, TX, zip code 78861, the land boasts significant features including a water well and electricity, ensuring convenient utility access. A wet weather creek and a stock tank, currently stocked with catfish, provide ample water resources. The property offers county road frontage on two sides, enhancing accessibility. Diverse elevation changes add to the land's character and appeal. The property also includes a starter herd of cattle. Abundant wildlife, including turkey, deer, and quail, makes this land ideal for hunting and ranching pursuits. Adding to its investment potential, the seller retains a portion of the mineral rights, which generated $40,000 in income during 2023. The seller will consider conveying these mineral rights with a suitable offer. This is a remarkable opportunity to own a substantial piece of the Texas Hill Country. The asking price for this expansive property is $2,431,250.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hondo
- County
- Medina
- State
- Texas
- Longitude
- -99.1286
- Latitude
- 29.2252
