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12505 Fm 476 Somerset, TX 78069

OFF-MARKET Land Google Maps
128 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US82-2302649

Property summary

AI-generated overview

This exceptional 128-acre commercial land parcel in Somerset, Atascosa County, Texas, presents a remarkable investment opportunity. Located at 12505 FM 476, zip code 78069, the property is zoned OCL and offers significant potential for residential development. The main 120-acre tract is ideally suited for single-family homes, while an additional 8-acre portion includes an existing house, currently used for storage. The sale includes a diverse range of livestock: six Braford cows, three Gelbvieh cows, five Brahman cows, three Brahman heifers, and two Brahman bulls, all currently calving or expected to calve through 2024. Also included are two Duroc sows and a Duroc boar, along with chickens and their housing. A substantial amount of farm equipment is part of the sale, including a 2018 Case 75C tractor with loader attachment, various implements (tiller, disc, brush hog, sprayer, grapple, harrow, box blade), and three trailers (a 14' flatbed, an 18' flatbed, and a custom-built horse trailer). A 20' shipping container is also included for feed storage. Two active Benton City Water Supply Co. meters serve the property. The asking price for this turnkey investment is $2,490,000. This property offers immediate income potential from livestock and equipment, alongside substantial long-term growth prospects due to its prime location and favorable demographics. The existing water well and the Ag Exemption add further value.

Property profile

Verified
Property type Land
Lot 128 ac (5,575,680 SF)
UPID US82-2302649

Cap rate & NOI

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

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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