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716 Fay Ave, Devine, TX, 78016

0beds
0baths
0sqft
$345,000
--price/sqft
$2,244/moest. monthly cost
$89,760/yrincome needed

About This Home

Rare opportunity to own approximately 17 acres in the heart of Devine with the flexibility to fit a variety of lifestyles and investment goals. Currently under agricultural valuation, this property features three separate access points, city utilities available nearby, and offers the option to purchase the entire property or one of three proposed, unplatted tracts. Whether you're dreaming of building a custom house, barndominium, horse property, small ranch, or simply investing in land with future potential, this property offers endless possibilities. Enjoy the convenience of being just minutes from IH-35 while still experiencing the space and privacy of country living. Existing agricultural valuation is in place, and buyers should complete their own due diligence regarding subdivision, zoning, floodplain, utility availability, and any potential rollback taxes. With flexibility, location, and value, opportunities like this don't come along often.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

6/10
Devine Middle SchoolGrades 6-80.5 mi
5/10
Devine High SchoolGrades 9-120.5 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: R7039
  • Other equipment: Small Tanks

Features

  • Fencing: Fenced
  • Waterfront features: Wet Weather Creek
  • Topography of land: Level,Sloping

Lot

  • Lot size: 17 Acres
  • Features: Fire Hydrant w/in 500',Cleared,Ag Exempt,Agricultural

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
Hail
Heat Wave
Tornado
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,744$20,928
Home Insurance *$259$3,108
Property Taxes $3$36
Electricity $238$2,859
Total$2,244$26,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,937/yr
40% on housing$67,320/yr
45% on housing$59,840/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 78016$167
Medina County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 78016$136
Medina County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-19Price change$345,000
2026-03-27Price change$380,000
2025-10-28Price change$465,000
2025-04-24Listed for sale$476,000

For Sale by Agent

AgentKari Menchaca
BrokerageGalm Real Estate, LLC

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