Technical
Financial
Distress signals
Property profile

18824 State Highway 16 Medina, TX 78055

OFF-MARKET
Land
319.7 ac lot
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Property summary

AI-generated overview

Exceptional 319.7-acre ranch in Bandera County, Texas, is offered at $3,890,000. This stunning property boasts approximately 1,500 feet of pristine Medina River frontage, near the confluence of Wallace Creek and the North Prong of the Medina River. Enjoy breathtaking views with a ~460-foot elevation change from the back to the river. Mature cypress trees line the riverbank. The land is enhanced by a water well supplying a mobile home with electricity and a septic system. Various barns and sheds are also present. Fencing and cross-fencing accommodate livestock. Two livestock tanks and multiple additional wet-weather tanks and creeks provide ample water sources. The property is served by Medina Electric Coop. Wildlife is abundant, including whitetail deer, axis deer, quail, turkey, dove, and hogs. Located on State Highway 16 N, with gate access, this property offers immediate enjoyment and significant development potential. This is a rare opportunity to own a substantial piece of Texas Hill Country.

Property profile

Verified
Property type Land
Lot 319.7 ac (13,926,132 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18824 State Highway 16 Medina, TX 78055
Medina metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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