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Property profile & analytics
OFF-MARKET
Land

0 Fm 430 Rd Premont, TX 78375

3.86 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Lot 3.86 ac (168,142 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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