804 Co Rd Devine, TX 78016
This exceptional 36± acre mixed-use property in Devine, Texas, offers a unique blend of residential and commercial potential. Located just 30 miles southwest of San Antonio, this expansive estate boasts two well-appointed homes ideal for multigenerational living or rental income. The property features an inground pool with a wrap-around deck and a charming outhouse, creating a perfect setting for relaxation and entertainment. A substantial 5,000 square foot hay barn provides ample storage, while over 6,000 square feet of enclosed/covered space offers additional storage and parking. Adding to the property's charm are a 250 square foot treehouse and a 330 square foot sunroom. Water resources are plentiful, including three water wells, a canal irrigation system, district water access, a half-acre stock pond, and an 11,000-gallon cistern. A 31-foot windmill adds a picturesque touch and contributes to sustainable water pumping. Three electrical meters allow for efficient energy management. The property also features over 50 majestic century oaks and nearly all 36± acres are designated as improved irrigated pasture, perfect for agricultural pursuits. The property is zoned OCL and includes ten buildings, built in 1987 and 1997, with a total square footage ranging from 500 to 15,000. This owner-user redevelopment opportunity is priced at $1,299,000. The property's multi-tenancy potential and diverse amenities make it an attractive investment.
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.
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Risks
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