ActiveResidential · sale

0 Fm-2200

Devine, TX 78016

$900,000

  • 4 beds
  • 4 baths
  • 3,522 sq ft
  • 38.55 acres
  • Built 1974

Listed by San Antonio Elite Realty · MLS #594797

A REAL PERSON, READY TO HELP

Interested in this property?

Connect with a local ERA professional for answers, a private showing, or help thinking through an offer.

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

0 Fm-2200, Devine, TX 78016 · MLS #594797

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1974.

Garage parking

3 garage spaces listed.

Property size

38.55 acres listed.

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

THE PROPERTY

Get to know the property.

YOUR CHANCE TO OWN YOUR OWN PARADISE AWAY FROM THE HUSTLE AND BUSTLE OF LIFE BUT CLOSE ENOUGH TO EVERYTHING IF NEEDED. 39.55 ACRES, AG EXEMPT, 3522 SQUARE FEET HOME, POOL, FENCED AND CROSS FENCED AND READY FOR YOU AND YOUR FOUR-LEGGED ANIMALS. NO FENCE BETWEEN THE PROPERTY AND THE ONE TO THE LEFT TO ALLOW FOR ANIMALS TO ROAM ON 90 ACRES AND TO KEEP THE AG EXEMPTION. DEER, TURKEY, BOAR ROAMING THE LAND AND MORE SO A HUNTER'S PARADISE. THE FRONT FIELD WAS A COSTAL GRASS FIELD BUT HAS BEEN ABANDONED FOR YEARS BUT COULD COME BACK WITH A LITTLE WORK. THERE IS ANOTHER FIELD AT THE BACK OF THE PROPERTY. SANDY SOIL WITH VERY FEW ROCKS SO GREAT FOR HORSES. THE HOME HAS NOT BEEN LIVED IN FOR SEVERAL YEARS AND NEEDS WORK BUT THE SELLER HAD REPAIRED THE ROOF, UPDATED AC UNITS, REMOVED THE OLD CARPET SO NOW THERE ARE CONCRETE FLOOR TO EITHER STAIN OR ADD FLOOR COVERING. HUGE ROOMS, LARGE LIVING AREA WITH FIREPLACE, BIG MASTER, LARGE SECONDARY BEDROOMS, LOTS OF STORAGE, 3 CAR GARAGE AND MUCH MORE. HONESTLY THE HOME NEEDS UPDATING BUT THE BONES ARE GOOD AND THE SELLER IS WILLING TO REDUCE THE PRICE 75K OR GIVE THE ALLOWANCE TO DO FLOORING, PAINT, SEPTIC UPGRADE AND REFINISH POOL. 40 X 20 9-FOOT-DEEP POOL. THE POOL IS GOOD AND HOLDS WATER BUT COULD USE PAINING AND NEW PUMP. THIS PROPERTY USED TO BE THE SHOWPLACE OF THE COUNTY AND CAN BE AGAIN. ALL IT NEEDS IS A NEW OWNER TO LOVE IT AS MUCH AS THE FORMER OWNERS DID. 5 MINUTES TO DEVINE, 25 MINUTES TO DOWNTOWN SAN ANTONIO, KELLY FIELD AND MUCH MORE.

THE NEIGHBORHOOD

Explore the location.

0 Fm-2200, Devine, TX 78016

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1974
Full baths
3
Half baths
1
Garage spaces
3
Cooling
CentralAir,TwoUnits
Heating
Central,Electric
Appliances
Other,SeeRemarks
Flooring
Concrete
Utilities
ElectricityAvailable
Exterior
PrivateYard
Fencing
CrossFenced,Full,Gate,RanchFence
Pool
Yes
Pool features
InGround,Private
Spa
No
Parcel
513856

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
Estimated monthly rent$3,750.00
Cap rate

Annual operating income:

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

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

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.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services

More in Devine.

Listing information

MLS #594797 · Central Texas MLS

Listing brokerage: San Antonio Elite Realty
Listing agent: Jeff Smith

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