ActiveResidential · sale

730 COUNTY ROAD 664

Devine, TX 78016

$740,000

  • 5,391 sq ft
  • 2 acres

Listed by TX SOLD, LLC · MLS #2009835

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PROPERTY QUESTIONS & SHOWINGS

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730 COUNTY ROAD 664, Devine, TX 78016 · MLS #2009835

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A FEW THINGS TO NOTICE

What stands out.

Property size

2 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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COMMERCIAL & RESIDENTIAL OPPORTUNITY ON 2 UNRESTRICTED ACRES! **OPEN HOUSE SEPTEMBER 19th 3pm - 6pm. This unique multi-use property offers incredible flexibility for entrepreneurs, investors, multigenerational families, or anyone looking for a live/work setup in a peaceful residential setting. TWO HOMES ON ONE PROPERTY! Home #1 offers approximately 1,800 sq. ft. with 3 bedrooms and 2 full bathrooms, granite countertops, plus refrigerator and stove to convey. Home #2 has been completely updated and offers approximately 3,592 sq. ft. with 7 bedrooms and 4 full bathrooms, a spacious kitchen, large living area, expansive dining space, office, and oversized laundry room. This home is equipped with a hardwired fire alarm system with a central control panel and building-wide audible alarms. The larger home was previously licensed as an assisted living facility and offers a unique opportunity for a buyer interested in pursuing licensing and reopening the facility. The layout may also lend itself to other business or residential uses, including a group home, daycare, professional offices, wellness services, short-term rentals, or multigenerational living. Buyer to independently verify licensing, permitting, zoning/use requirements, and financing eligibility. Each home has its own electric meter, with municipal water plus a water well serving the property. Additional improvements include a two-story barn-style building with a garage, finished lower level, and unfinished upstairs-providing even more room to customize. A double-bay metal building with electricity and a commercial sink provides excellent space for a workshop, projects, equipment, RV or boat storage, recreational toys, or a side business. Located along a scenic county road and surrounded by mature oak, pecan, peach, and pear trees, the property combines peaceful country living with NO CITY TAXES and exceptional versatility. Live in one home and operate your business from the other, create a private multigenerational family compound, or explore its income-producing potential. TWO HOMES. MULTIPLE BUILDINGS. 2 UNRESTRICTED ACRES. RESIDENTIAL + BUSINESS POTENTIAL-all in one unique property!

Upcoming open houses

–11:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

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730 COUNTY ROAD 664, Devine, TX 78016

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THE DETAILS

The details, all in one place.

Property type
Multi-Family (2-8 Units)
Category
Residential
Cooling
Three+ Central
Exterior
Cement Fiber, Rock/Stone Veneer
Accessibility
2+ Access Exits, 36 inch or more wide halls, Grab Bars in Bathroom(s), No Carpet, No Steps Down, Level Lot, Level Drive, No Stairs, First Floor Bath, First Floor Bedroom, Disabled Parking, Stall Shower, Vehicle Transfer Area, Wheelchair Accessible, Wheelchair Adaptable, Wheelchair Height Mailbox
Subdivision
NA
Zoning
COMMERCIAL
Parcel
24687
Elementary school
Devine
Middle school
Devine
High school
Devine
Annual property tax
$8,891.21

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,499.73
Estimated monthly rent$3,083.33
Cap rate2.68%

Annual operating income: $19,846.76

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #2009835 · San Antonio Board of Realtors

Listing brokerage: TX SOLD, LLC
Listing agent: Melissa Rodriguez

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.