795 Co Rd, Bay City, TX 77432
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
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.