12505 W FM 476

Somerset, TX 78069
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2 Bedroom(s)
1 Full & 1 Half Bath(s)
1,064 Sqft. ($2,585/Sqft.)
128.00 Lot Acres
Country Homes/Acreage

Audio narrative

Description

Smoot Ranch Development offers a unique opportunity for developers with approximately 128 acres of land in Somerset, Texas. This expansive property, featuring a mix of residential development potential and agricultural space with an Ag Exemption, presents endless possibilities. The main parcel spans about 120 acres, ideal for single-family development, with an additional 8-acre portion that includes an old house. The sale includes livestock, equipment, and trailers, making it a turnkey investment. Located at 12505 FM 476, this property is conveniently close to amenities and has excellent growth potential. With a thriving population nearby and impressive demographics, including high average household income and property values, Smoot Ranch is an exceptional prospect for investors and developers alike. Don't miss out on this remarkable opportunity to own a piece of Texas real estate with vast potential.

MLS#
SABORTX-1781377
List Price
$2,750,000 ($2,585/Sqft.)
Listing Status
For Sale
Address
12505 W FM 476
City
State
TX
Zip Code
Legal Description
ABS A01064 J B TONG SV-2,8.295 ACRES
Property Type
Country Homes/Acreage
Bedroom
2 Bedroom(s)
Bath
1 Full & 1 Half Bath(s)
Building Size
1,064 Sqft/Appraisal District
Lot Size
128.00 Lot Acres/Appraisal District

Lot information

Lot Size
128.00 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

San Antonio Board of Realtors®
Source last updated Jun 26, 2024 at 01:37 PM
Listing last updated Jun 17, 2024 at 10:11 AM
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12505 W FM 476, Somerset, TX 78069. View photos, map, tax, nearby homes for sale, home values, school info...

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