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3590 County Road 4713 LaCoste, TX 78039

  • Specialty properties
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Specialty properties

Property Details for 3590 County Road 4713

Year built
2020
Property type
Specialty properties
Property subtype
Mixed-use properties

Description

This exceptional 14-acre property in LaCoste, Texas, presents a compelling investment opportunity. The land encompasses 48 residential lots, all fully serviced with water, sewer, and electricity. Ten existing single-family rental homes are currently built, leased, and generating income. This value-add investment offers immediate cash flow from the existing ten units, while providing 38 shovel-ready lots for future development. The potential for building and selling homes, or continuing the successful rental model, is significant. Located in a rapidly growing area just outside San Antonio, this property benefits from convenient access to major roadways. It's approximately 10 miles from Highway 1604 in San Antonio and 6 miles from Castroville. The property consists of 48 single-story buildings, all constructed in 2020. The asking price is $4,500,000. This mixed-use, multifamily property is categorized as a single-family rental portfolio and presents an unparalleled chance to capitalize on the thriving Texas real estate market. The property's location offers a blend of suburban tranquility and easy access to the amenities and employment opportunities of San Antonio. The existing infrastructure and ready-to-build lots minimize development hurdles, allowing for a swift return on investment. This is a rare opportunity to acquire a substantial land holding with immediate income and significant future potential. The property is zoned for residential use. Broker co-op is available.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

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Location Insight

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City
LaCoste
County
Medina
State
Texas
Longitude
-98.8197
Latitude
29.3177
More about this property
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