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Property profile & analytics
OFF-MARKET
Land

795 Co Rd Bay City, TX 77432

240 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 240-acre property in Matagorda County, Texas, presents a unique investment opportunity combining commercial, ranch, and residential potential. Located at 795 Co Rd 421, Danevang, TX 77432, near Bay City, this expansive land parcel offers significant versatility. Currently, 160 acres are available for immediate purchase, with an additional 80 acres available under a two-year lease-to-own agreement at $8,000 annually. The property boasts ample water facilities throughout the pastureland, ensuring sufficient resources for livestock or other agricultural uses. No ponds are present, but water drainage systems are in place. The land is free of easements and lacks any existing electric, gas, or oil lines. Included in the sale is a Ford F350 Super Duty truck. The seller is highly motivated and open to negotiations. The property's history includes agricultural operations, with equipment potentially available for purchase separately. This equipment includes a 2018 John Deere 6130D tractor, a Hay Baylor Mega roll D659, a Frontier 6-wheel rake, a 2005 Kubota M125XDTC tractor, an antique Ford tractor, a batwing shredder, a pothole digger, a six-way leveler, a four-ton cattle food grinder/mixer, butcher shop accessories, a 220/120 electric converter, a freezer, and an ice dispenser. The seller previously operated a livestock and butchering business on the property, generating approximately $200,000 in annual income (excluding labor costs). Future development opportunities exist, with approved USDA grants totaling $25,000 for a new green pipe house and an additional $60,000 for other improvements. Annual NRCS and USDA grants of $12,000 are also available. Serious inquiries are encouraged

Property profile
Verified
Property type Land
Lot 240 ac (10,454,400 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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