8809 Fm 791 Falls City, TX 78113
This exceptional 41.76-acre commercial land parcel in Falls City, Texas, presents a unique investment opportunity. Located at 8809 FM 791, Karnes County, TX 78113, the property includes two vacant rental houses and two equipment sheds. While currently lacking permitted zoning, the expansive acreage offers significant potential for various commercial developments. The property boasts all mineral rights, and an existing oil lease assignment to Matador Oil Co. is in place. Note that the buyer is responsible for connecting to the Evergreen Water District; however, a 3-inch water line is conveniently located across FM 791, requiring only a bore and meter installation. Estimated connection costs range from $8,000 to $18,000, encompassing the meter fee, connection fees, and the cost of boring. A combination lock on the front gate is currently controlled by Matador Oil Co. This property offers a compelling blend of existing structures and undeveloped land, making it ideal for a variety of commercial ventures. The latitude and longitude coordinates are 28.8986178, -98.1128124 respectively. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.