11344 Tx-359, Mathis, TX 78368
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.
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
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Property description
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No recorded transactions found for this property.
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Risks
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