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Property profile & analytics
OFF-MARKET
Mixed-use properties

1513 Old Hwy Castroville, TX 78009

3.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.652-acre property, located within Castroville, Texas city limits, presents a unique investment opportunity. Boasting 260 feet of frontage on Old Hwy 90, this mixed-use land offers unparalleled versatility. The property includes city utilities (water, electric, and sewer) and is situated conveniently adjacent to Alsace Urgent Care and the Hillside Hotel, ensuring high visibility and accessibility. While an uninhabitable older home is present, the primary value lies in the expansive land itself, ideal for various commercial ventures. The property's unrestricted nature allows for subdivision or development of commercial properties, or even residential housing. Imagine a thriving restaurant with ample parking, a modern food truck park with entertainment space, or any number of other exciting possibilities. The land is partially cleared, with a mulched path, showcasing its potential. The asking price is $440,000, and the APN is 12967. This 100% ownership opportunity is being sold under distressed sale conditions. Don't miss this chance to acquire a prime piece of Texas real estate with significant development potential.

Property profile
Verified
Property type Mixed-use properties
Lot 3.65 ac (159,081 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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