Investor R.B. Willoughby Jr. intends to use his new buy tocontinue growing feed corn, but it could be a good location fordevelopment as Castroville grows, Bob Trevino, the Grubb &Ellis Co. broker in San Antonio, tells Trevinonegotiated the sale for the Van de Walle family. Willoughby, alicensed broker, represented himself.

The land is situated between the Castroville city limits and theairport. "It's a prime property for development and annexation,"Trevino says. The property also has water rights to wells on theEdwards Aquifer, a key element to development, he adds. The askingprice was $3,400 per acre. Castroville, about 22 miles west of SanAntonio on Texas 90, is a growing bedroom community for SanAntonio.

The Van de Walles, known for a brand of salsa they sold aboutfour years ago, had been a large agricultural owner in San Antonio.It disposed of a large piece of property near Kelly Air Force baseafter a lawsuit and sold about 300 acres in Hondo, west ofCastroville. The last parcel to be sold is 18 acres at 5310 OldHighway 290 West in San Antonio.

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