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    Mixed-use properties

    11344 Tx-359, Mathis, TX 78368

    106.13 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 106.13-acre property, located at 11344 TX-359 in Mathis, Texas, presents a unique investment opportunity. Situated in San Patricio County, near Highway 359, this expansive tract is currently utilized as a cattle ranch, but its strategic location and zoning make it ideal for diverse development projects. The property's potential extends to residential development, capitalizing on the anticipated growth in the Mathis and San Patricio County areas. The land is fully fenced, including interior fencing for efficient livestock management. Adding to its versatility, the property includes guest quarters conveniently attached to a three-car garage, providing comfortable living accommodations. Two water wells are also situated on the property, ensuring a reliable water source. This substantial acreage offers a rare chance to acquire a large parcel of land with existing infrastructure and significant future development potential in a rapidly expanding region of Texas. The asking price for this mixed-use property is $1,600,000. The property's zip code is 78368.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 106.13 ac (4,623,023 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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