82.465 Acres

Vacant Land for Sale
Catylist Listing ID: 30152400
Property Subtypes: Agricultural, Industrial, Mobile Home Park, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 82.47 Acres
Sale Price: $20,000 Per Acre
Total Price: $1,649,400
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/16/2019

Overview / Comments

The property is fenced and cross fenced into 5 pastures. There are 2 portable hay barns, one barn for goats and kids, 2 water wells (one in front of the old house, the other about 30 yards northwest of the house in an adjoining pasture). There is an abandoned oil well that is cemented at the water level waiting to be shot and a pump put on it; there are six (6) producing wells. Owner currently has 10% royalties (70% to the oil producers and 20% to descendants of former investors). There is coastal Bermuda grass in 3 fields (10,10 and 30 acres). This site is excellent for sub-dividing for individual businesses due to the enormous amount of frontage and the shallow depths off Hwy 16.

Seller reserves mineral rights.

Additional Details

Nearest MSA: San Antonio-New Braunfels
County: Bexar
Tax ID/APN: 183948
Zoning: OCL
Property Visibility: Excellent
Highway Access: Loop 1604 and State Highway 16
Site Description: *Capacity and locations of water and electricity should be verified.
Lot Frontage: ± 4,500 feet on State Hwy 16
Available Utilities: Electric, Water
Water Service: Well

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,846 16,163
Median Age: 32.48 32.3
Households: 1,769 4,830
The information presented herein is provided as is, without warranty of any kind. Neither South Texas Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.