$1,214,600
SOLD AUG 12, 2022
Last list price

999 S State Highway 359 Mathis, TX 78368

100 Acres
$12,146 Price per Acre
4,356,000 Sq Ft Lot

Recently Sold

71 Days on Market

About This Lot

As of August 2022

Great investment opportunity for growing San Patricio County! 121.46 acres of prime property sits on HWY 359. (two sections 100 acre + 21.24 acres)Easy access to Corpus Christi, San Antonio, Alice as the property sits in in close proximity to multiple major corridors (I37, 77, 359, 666) in the South Texas major energy hub. The property has an average of 10,000 vehicles pass by on a daily basis. Property can be zoned residential or commercial depending on buyers needs. Potential for residential housing development that could boast .5 to 1 acre lots and attract those that do not want to deal with the hustle and bustle of a larger city. Portion of acreage has electricity and water. Don't pass this up as everyone knows how fast the area is growing. Environmental study and housing study are already complete.

Last Agent to Sell the Property

Frank Holdiness

eXp Realty LLC License #0664561 Listed on: 05/01/2022

eXp Realty LLC

Last Buyer's Agent

Frank Holdiness

eXp Realty LLC License #0664561 Listed on: 05/01/2022

eXp Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,452

Lot Details

  • 100 Acre Lot
  • Lot Dimensions are 1595x3218

Schools

  • Mathis Elementary And Middle School
  • Mathis High School

Community Details

  • Delgado Sur Sumner Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,452

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size: 1595x3218
  • Subdivision Name: Delgado - Sur Sumner
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Other

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Schools

  • Elementary School: Mathis
  • Junior High Dist: Mathis ISD
  • High School: Mathis
  • Middle Or Junior School: Mathis

Lot Info

  • Lot Size Sq Ft: 4356000.0

Tax Info

  • Tax Block: 000
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2018
Sold by
Wright Milus Polk and Wright Christine Phillips
Bought by
Mathis Economic Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$153,236
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$688,607
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Texas National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $3,036,500 0.0% --
01/08/2024 01/08/24 For Sale $3,036,500 +150.0% --
08/12/2022 08/12/22 Sold -- -- --
07/12/2022 07/12/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $1,214,600 -- --
Source: South Texas MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,452 $500,000 $500,000 $0
2022 $6,889 $366,667 $366,667 $0
2021 $7,053 $366,667 $366,667 $0
2020 $5,109 $250,000 $250,000 $0
2019 $5,039 $250,000 $250,000 $0
2017 $4,961 $250,000 $250,000 $0
2016 $644 $378,693 $0 $0
2015 $176 $33,562 $385,000 $0
2013 $176 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Texas MLS

MLS Number: 399086

South Texas MLS

APN: 51716