0 Fm 430 Rd Premont, TX 78375
This exceptional 3.86-acre property in Premont, Texas, presents a unique opportunity for commercial or residential development. Located near Premont schools, this land offers convenient access via Elaine Street and South Cora Street. The zoning allows for the possibility of two separate homesteads, providing flexibility for various projects. Furthermore, the property boasts potential frontage to a future Premont Lake & park development, a multi-million dollar project currently under consideration by the City of Premont (contact the city for details). While situated in a flood zone, the property's lush landscape is attractive to wildlife, with abundant birds and ducks observed nearby. The land is suitable for grazing animals. The asking price is $24,700, but owner financing is available at $27,700 with a $5,000 down payment, no prepayment penalty, and no credit checks required. The city may assist future buyers with utility connections for residential development. Mobile homes may be permitted
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
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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.