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Property profile & analytics
OFF-MARKET
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
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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