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    Hill Country Land with Pond
    $289,000
    6.21 Acres

    Hill Country Land with Pond

    6.21 acre corner lot with pond and long-range views.

    189 Fallen Acorn Dr, Blanco, TX 78606
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    Hill Country Homesite Opportunity
    $445,000
    5.08 Acres

    Hill Country Homesite Opportunity

    5.08 acre homesite with amenities near Johnson City, TX.

    1495 Walnut Spg Rd, Johnson City, TX 78636
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    Fredericksburg Acreage with Building Potential
    $119,000
    5.19 Acres

    Fredericksburg Acreage with Building Potential

    5.19 acres in gated community near Fredericksburg, Texas.

    Longview Dr, Fredericksburg, TX 78624
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    Historic Cabin in Prime Location
    $2,095,000
    0.11 Acres

    Historic Cabin in Prime Location

    Unique short-term rental property near Main Street in Fredericksburg, TX.

    104 E Austin St, Fredericksburg, TX 78624
    View details
    Harper, TX Land Opportunity
    $260,736
    9.31 Acres

    Harper, TX Land Opportunity

    9.312 acre lot with amenities near Harper, Kerrville, Fredericksburg.

    Stock Pond Dr, Harper, TX 78624
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    Remodeled Commercial Property on Highway
    $375,000
    3,450 SF

    Remodeled Commercial Property on Highway

    Versatile commercial building in downtown Harper with excellent visibility.

    23654 Us Highway 290 W, Harper, TX 78631
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    Texas Hill Country Land
    $359,000
    10.09 Acres

    Texas Hill Country Land

    10.09 acres in Kerrville, Texas, perfect for building.

    Mayers Rdg Dr, Kerrville, TX 78028
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    Fredericksburg, TX Land Parcel
    $179,000
    3.97 Acres

    Fredericksburg, TX Land Parcel

    3.968 acre lot in Indian Hills community, Fredericksburg, TX.

    Badger Rdg Rd, Fredericksburg, TX 78624
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    Harper, TX Land Opportunity
    $259,000
    5.10 Acres

    Harper, TX Land Opportunity

    5.10 acre lot in Maverick Subdivision, ready for building.

    Stock Pond Dr, Harper, TX 78631
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    Harper, TX Land Opportunity
    $259,000
    5.10 Acres

    Harper, TX Land Opportunity

    5.10+/- acre lot in Maverick Subdivision with amenities.

    Stock Pond Dr, Harper, TX 78624
    View details
    RV Unit in Arch Ray Resort
    $116,000
    0.09 Acres

    RV Unit in Arch Ray Resort

    Premium RV unit near downtown Fredericksburg with resort-style amenities.

    4584 E Us Highway 290, Fredericksburg, TX 78624
    View details
    Harper, TX Land Opportunity
    $260,736
    9.31 Acres

    Harper, TX Land Opportunity

    9.312 acre lot with amenities near Harper, Kerrville, Fredericksburg.

    Stock Pond Dr, Harper, TX 78631
    View details
    Fredericksburg Land in Gated Community
    $245,000
    10.12 Acres

    Fredericksburg Land in Gated Community

    10-acre tract in gated community near Fredericksburg, Texas.

    Reeh Rd, Fredericksburg, TX 78624
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    Texas Hill Country Land
    $359,000
    10.09 Acres

    Texas Hill Country Land

    10.09 acre lot in Kerrville, Texas, perfect for building.

    Mayers Rdg Dr, Kerrville, TX 78028
    View details
    Remodeled Commercial Property in Harper,TX
    $375,000
    3,450 SF

    Remodeled Commercial Property in Harper,TX

    Remodeled commercial property in downtown Harper, excellent visibility and versatility.

    23654 W Us Highway 290, Harper, TX 78631
    View details
    Historic Harper Office Building
    $249,900
    3,450 SF

    Historic Harper Office Building

    Prime location, endless potential, 3450 sq ft.

    23654 Hwy, Harper, TX 78631
    View details
    10 Acres in Gated Community
    $245,000

    10 Acres in Gated Community

    10-acre tract in gated community between Harper and Fredericksburg.

    42 Reeh Rd, Fredericksburg, TX 78631
    View details
    Land on Highway 290
    $116,000

    Land on Highway 290

    Land available east of Fredericksburg, near Arch Ray.

    4584 E Us Highway 290, Fredericksburg, TX 78624
    View details
    Live Water Ranch on Cherokee Creek
    $5,490,000

    Live Water Ranch on Cherokee Creek

    488-acre ranch featuring 3,775 feet of Cherokee Creek frontage.

    10250 E Fm 501, San Saba, TX 76877
    View details

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    Fredericksburg Realty, LLC
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Fredericksburg Realty, LLC
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