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$4,320,000

21741 E Interstate 10, Luling, TX, 78648

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,622 Sq Ft
price_per_sqft$2,663.38 / sqft
Year BuiltBuilt in 1975

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringBamboo, Tile, Wood

Exterior

Lot Size71.54 acres

Building Information

Year Built1975
Garage Spaces3

Land Information

APN10993
Land UseAgriculture / Farming
Legal Description523 JERRY BARBEE
Census Tract000100
Assessed Land Value$8,460
Assessed Improvement Value$33,620
Assessment Year2025

About this property

This 72-acre property, currently zoned for agriculture, pasture, and timberland, offers significant commercial potential due to its strategic location off the I-10 frontage road and CR 278 in Gonzales county. Located just 2.6 miles from the new Buc-ee's at 10070 I-10, Luling, TX 78648, this land is poised for future development. Gonzales County Water Corp has water line running along the property line. The Texas Department of Transportation (TXDOT) is expanding the I-10 corridor, with project completion anticipated by the end of 2025, further enhancing the value and accessibility of this prime property. Low tax rate of 1.47%. AG exemption. Ideal for investors and developers looking to capitalize on the growth in the area.

Investor Tools

$0Estimated Mortgage Balance
$1,240,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$25,920 /month
Positive
Cash Flow Estimate:
$8,640 /month

Interested in this property?

Rachel Beavers

Spyglass Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$589
$42,080
2025
$8,460
$33,620
$628,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$589
$42,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$988,000
100%
0%
$0/mo

City: Luling