6750 Three Mile Rd Flatonia, TX 78941
For Sale
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This exceptional 155.95-acre property in Flatonia, Texas, presents a unique investment opportunity. Located at 6750 Three Mile Road, this well-maintained ranch boasts a charming 3-bedroom, 2-bathroom home offering 1,422 square feet of comfortable living space. A substantial 1,500 square foot workshop with an attached 3-car carport provides ample space for various uses. The property features lush pastures, robust fencing, and no water gaps, making it ideal for livestock. Two 1+-acre ponds stocked with bass and bluegill offer recreational opportunities. A 17' x 74' framed barn and a secure gated entry with a cattle guard enhance functionality. Utilities include a water line from Fayette Water Supply Corporation, a water well near the home, Fayette Electric Co-Op electricity, internet access, and an on-site septic system. The property also benefits from over 3,300 feet of paved road frontage, an ag exemption, and cross-fencing. Multiple prime building sites and the possibility of subdividing the acreage into smaller parcels add significant value. The property's location, just 8.6 miles north of Flatonia and a short drive from I-10, provides easy access to Houston, Austin, and San Antonio. This versatile property is perfect for agricultural use, recreational activities (including hunting deer, hogs, dove, and turkey), and future development. The asking price is $2,600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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