00 Us Hwy Encino, TX 78353
This exceptional 16.33-acre property in Encino, Texas, presents a unique investment opportunity. Located directly off US Highway 281, this expansive land offers significant potential for various uses, combining residential and agricultural possibilities. The property boasts three existing water wells, providing a reliable water source for future development or farming activities. Electricity is readily available, simplifying the process of connecting utilities. Included on the property is a former gas station building, which sustained significant fire damage and is currently non-functional. Buyers should be aware of the extensive fire damage and the need for demolition or extensive renovation. The property's highway frontage provides excellent visibility and accessibility, making it ideal for a variety of commercial or residential ventures. The zoning and permitted uses should be verified with the relevant Brooks County authorities. This substantial acreage offers a rare chance to acquire a large parcel of land in a desirable Texas location with existing infrastructure. The combination of land size, water resources, and highway access makes this property a compelling investment opportunity. Serious inquiries only. The property is sold as-is.
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
Similar Nearby for Sale
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.