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    For Sale (61)

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    Scenic Land in Terlingua, TX
    $175,000
    5.42 Acres

    Scenic Land in Terlingua, TX

    5.42 acres with mountain views, power, and water access.

    23031 Fm 170, Terlingua, TX 79852
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    Land For Sale, Van Horn
    $72,000
    80.00 Acres

    Land For Sale, Van Horn

    80 acre land parcel available in Van Horn, TX.

    Van Horn, TX 78212
    View details
    Alpine Office Building For Sale
    $385,000
    2,612 SF

    Alpine Office Building For Sale

    Investment opportunity with long-term tenant in prime Alpine location.

    205 N Cockrell St, Alpine, TX 79830
    View details
    Sierra La Rana Land Parcel
    $113,000
    22.48 Acres

    Sierra La Rana Land Parcel

    22.48-acre horse-friendly lot near Alpine, TX.

    12 Sierra Ln Rana, Alpine, TX 79830
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    Land in Sunny Glen Estates
    $100,000
    5.00 Acres

    Land in Sunny Glen Estates

    Land opportunity in Sunny Glen Estates, Alpine, Texas.

    Wagon Rd, Alpine, TX 79830
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    Sierra La Rana Land Parcel
    $74,000
    12.38 Acres

    Sierra La Rana Land Parcel

    Horse-friendly 12.38-acre lot near Alpine, Texas.

    91 Sierra Ln Rana, Alpine, TX 79830
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    Waterfront Lot in Kingsland Cove
    $200,000
    0.37 Acres

    Waterfront Lot in Kingsland Cove

    Tree-covered waterfront lot with access to Lake LBJ.

    County Road 132A, Kingsland, TX 78639
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    Expansive Land in Pecos, TX
    $1,836,000
    680.00 Acres

    Expansive Land in Pecos, TX

    680 acres of undeveloped land near Pecos, Texas.

    County Rd, Pecos, TX 79772
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    Residential Lot with Golf Views
    $109,000
    2.47 Acres

    Residential Lot with Golf Views

    2.47-acre residential lot overlooking Blackjack Crossing golf course.

    Comanche Mesa Dr, Lajitas, TX 79852
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    Canadian, TX Land For Sale
    $75,000
    15.49 Acres

    Canadian, TX Land For Sale

    15.49 acre tract near Canadian with rolling terrain.

    Us Highway 83, Canadian, TX 79014
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    Canadian, TX Land Opportunity
    $75,000
    15.47 Acres

    Canadian, TX Land Opportunity

    Approximately 15-acre tract with rolling terrain and beautiful views.

    Us Highway 83, Canadian, TX 79014
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    Canadian, TX Land For Sale
    $75,000
    15.47 Acres

    Canadian, TX Land For Sale

    15-acre tract near Canadian, TX, ideal for custom homesite.

    Us Highway 83, Canadian, TX 79014
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    Marfa Land with Concrete Barn
    $239,000
    0.30 Acres

    Marfa Land with Concrete Barn

    0.3 acre lot with barn in Buena Vista subdivision.

    1011 N Novez St, Marfa, TX 79483
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    Land in Established Alpine Neighborhood
    $35,000
    0.98 Acres

    Land in Established Alpine Neighborhood

    Four lots available in quiet Alpine neighborhood, ideal for development.

    W Brown St, Alpine, TX 79830
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    163-Acre Ranch with Multiple Ponds
    $1,825,000
    163.00 Acres

    163-Acre Ranch with Multiple Ponds

    Ranch featuring hay meadows, grassland, ponds, and abundant wildlife.

    3732 Us Highway 84, Palestine, TX 75801
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    Unique Terlingua Property with 727
    $2,100,000
    80.00 Acres

    Unique Terlingua Property with 727

    80 acres with Boeing 727 short-term rental near Big Bend.

    700 Gate 9 Rd, Terlingua, TX 79852
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    20 Acres Near Big Bend
    Contact for pricing
    20.00 Acres

    20 Acres Near Big Bend

    20 acres near Big Bend National Park and Terlingua Ghost Town.

    4893 Star Gazer Rd, Terlingua, TX 79852
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    22.63 Acres on Highway 90
    $1,100,000
    22.63 Acres

    22.63 Acres on Highway 90

    22.63 acres of commercial land in Marathon, Texas.

    Us Highway 90 E, Marathon, TX 79842
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    20.69 Acres in Sierra La Rana
    $83,000
    20.69 Acres

    20.69 Acres in Sierra La Rana

    Horse-friendly land near Alpine, TX with utilities and internet.

    2 Sierra Ln Rana, Alpine, TX 79830
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    Sierra La Rana Land Parcel
    $122,000
    24.53 Acres

    Sierra La Rana Land Parcel

    24.53-acre lot near Alpine, TX with modern amenities.

    4 Sierra Ln Rana, Alpine, TX 79830
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    Horse-Friendly Land Parcel in Alpine
    $226,000
    55.63 Acres

    Horse-Friendly Land Parcel in Alpine

    55.63-acre lot with well, views, near Alpine, Texas.

    7 Sierra Ln Rana, Alpine, TX 79830
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    Sierra La Rana Land Parcel
    $145,000
    24.24 Acres

    Sierra La Rana Land Parcel

    24.24-acre horse-friendly lot near Alpine, TX.

    9 Sierra Ln Rana, Alpine, TX 79830
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    Sierra La Rana Land
    $148,000
    24.70 Acres

    Sierra La Rana Land

    24.71 acre tract in Sierra La Rana community.

    11 Sierra Ln Rana, Alpine, TX 79830
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    Sierra La Rana Land Parcel
    $125,000
    25.11 Acres

    Sierra La Rana Land Parcel

    25.11-acre horse-friendly lot near Alpine, Texas.

    13 Sierra Ln Rana, Alpine, TX 79830
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    Sierra La Rana Land Parcel
    $155,000
    25.86 Acres

    Sierra La Rana Land Parcel

    25.86-acre horse-friendly lot with elevated views near Alpine, TX.

    20 Sierra Ln Rana, Alpine, TX 79830
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    Horse-Friendly Land in Alpine, TX
    $68,000
    11.30 Acres

    Horse-Friendly Land in Alpine, TX

    11.3-acre lot in scenic Sierra La Rana community.

    34 Sierra Ln Rana, Alpine, TX 79830
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    Horse-Friendly Land with Exceptional Views
    $204,000
    40.83 Acres

    Horse-Friendly Land with Exceptional Views

    40.83-acre parcel near Alpine, TX, with utilities and covenants.

    39 Sierra Ln Rana, Alpine, TX 79830
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    Sierra La Rana Land Parcel
    $360,000
    40.08 Acres

    Sierra La Rana Land Parcel

    40.08-acre lot with mountain views near Alpine, Texas.

    56 Sierra Ln Rana, Alpine, TX 79830
    View details
    32.71 Acres in Sierra La Rana
    $196,000
    32.71 Acres

    32.71 Acres in Sierra La Rana

    Scenic 32.71-acre lot with mountain views near Alpine, TX.

    94 Sierra Ln Rana, Alpine, TX 79830
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    Horse-Friendly Land Parcel in Alpine
    $55,000
    13.35 Acres

    Horse-Friendly Land Parcel in Alpine

    13.35-acre lot near Alpine, TX, ideal for horses.

    85 Sierra Ln Rana, Alpine, TX 79830
    View details
    27+ Acre Lot with Views
    $247,000
    27.46 Acres

    27+ Acre Lot with Views

    Scenic 27.456-acre lot near Alpine, TX with mountain views.

    111 Sierra Ln Rana, Alpine, TX 79830
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    Horse-Friendly Land Near Alpine, TX
    $67,000
    11.18 Acres

    Horse-Friendly Land Near Alpine, TX

    11.18-acre lot in Sierra La Rana, near Alpine, Texas.

    15R Sierra Ln Rana, Alpine, TX 79830
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    Sierra La Rana Land Parcel
    $75,000
    12.44 Acres

    Sierra La Rana Land Parcel

    Horse-friendly 12.44-acre parcel in scenic community near Alpine, TX.

    24R Sierra Ln Rana, Alpine, TX 79830
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    Sierra La Rana Land Parcel
    $259,000
    25.92 Acres

    Sierra La Rana Land Parcel

    25.92-acre lot with mountain views near Alpine, Texas.

    57R Sierra Ln Rana, Alpine, TX 79830
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    Spacious Ranchito Near Alpine, TX
    $92,750
    13.25 Acres

    Spacious Ranchito Near Alpine, TX

    13.25-acre corner tract with utilities and scenic views.

    26 Sendero Horse Thief Rd, Alpine, TX 79830
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    Versatile Ranch Near Houston
    $2,999,999
    4,308 SF

    Versatile Ranch Near Houston

    60-acre ranch with home, horse facilities, and stocked lake.

    1725 Stokes Rd, New Ulm, TX 78950
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    Sierra La Rana Land Parcel
    $203,000
    33.81 Acres

    Sierra La Rana Land Parcel

    Horse-friendly 25.11-acre parcel near Alpine, TX.

    32 Sierra Ln Rana, Alpine, TX 79830
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    640 Acres in Alpine, TX
    $960,000
    640.00 Acres

    640 Acres in Alpine, TX

    Historic 640-acre tract near Big Bend National Park.

    Tony Hess Rd, Alpine, TX 79830
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    92 Acres Development Opportunity
    $995,000
    92.00 Acres

    92 Acres Development Opportunity

    92-acre parcel suitable for commercial, residential, or ranch development.

    Hwy 90 Hwy 90 W, Alpine, TX 79830
    View details
    Canadian, TX Land Opportunity
    $75,000
    15.47 Acres

    Canadian, TX Land Opportunity

    15-acre tract near Canadian, TX, ideal for custom homesite.

    Us Highway 83, Canadian, TX 79014
    View details
    Canadian, TX Land For Sale
    $75,000
    15.47 Acres

    Canadian, TX Land For Sale

    15-acre tract near Canadian, TX, ideal for custom homesite.

    Us Highway 83, Canadian, TX 79014
    View details
    Land Near Canadian Golf Course
    $375,000
    77.36 Acres

    Land Near Canadian Golf Course

    Approximately 77-acre tract near town with rolling terrain and views.

    Us Highway 83, Canadian, TX 79014
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    160 Acres Near Big Bend
    $105,000
    160.00 Acres

    160 Acres Near Big Bend

    160-acre tract near Big Bend with access to Alpine.

    Esperanza Rd, Alpine, TX 79830
    View details
    38 Acres in Van Horn
    Contact for pricing
    38.06 Acres

    38 Acres in Van Horn

    38 acres of land perfect for off-grid living.

    Grn Riv Rd, Van Horn, TX 79855
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    Highway Frontage Property in Marfa
    $1,500,000
    6,920 SF

    Highway Frontage Property in Marfa

    Versatile property with highway frontage, multiple buildings, and unique features.

    1498 Hwy 90 E, Marfa, TX 79843
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    Two-Acre Tract Near Alpine, TX
    $87,000
    2.00 Acres

    Two-Acre Tract Near Alpine, TX

    Two-acre tract near Alpine, TX, with development potential.

    Tract114 Hwy 90, Alpine, TX 79830
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    Residential Land in Alpine, TX
    Contact for pricing
    0.33 Acres

    Residential Land in Alpine, TX

    0.33 acre lot suitable for residential development and investment.

    15Th St, Alpine, TX 79830
    View details
    Multifamily Property Near Sul Ross
    $1,250,000
    1,064 SF

    Multifamily Property Near Sul Ross

    Five-unit multifamily property near Sul Ross State University.

    601-609 E Avenue A, Alpine, TX 79830
    View details
    Terlingua Land with Mountain Views
    $399,900
    10.00 Acres

    Terlingua Land with Mountain Views

    10 acres near Big Bend, ideal for rental investment.

    Fm 170, Terlingua, TX 79852
    View details
    West Texas RV Ready Land
    $225,000
    11.12 Acres

    West Texas RV Ready Land

    11.12 acres with RV hookups near Big Bend.

    261 Terlingua Ranch Rd, Alpine, TX 79830
    View details
    Commercial Land Near Sul Ross
    $1,200,000
    6.00 Acres

    Commercial Land Near Sul Ross

    6 acres of commercial land near Sul Ross State University.

    1602 Old Marathon Rd, Alpine, TX 79854
    View details
    Lake Travis Waterfront Land Opportunity
    $448,000
    2.36 Acres

    Lake Travis Waterfront Land Opportunity

    2.36 acres with 175 feet of private Lake Travis waterfront.

    Marble Falls, TX 78654
    View details
    Residential Land in Quiet Neighborhood
    $69,999
    0.44 Acres

    Residential Land in Quiet Neighborhood

    Double lot suitable for building a new home.

    lot 5&6 7Th St, Alpine, TX 79830
    View details
    41 Acres on Highway 118
    $149,500
    41.00 Acres

    41 Acres on Highway 118

    Undeveloped land with highway frontage near Alpine, Texas.

    51675 118 S, Alpine, TX 79830
    View details
    40 Acres in Corazon Valley
    Contact for pricing
    40.00 Acres

    40 Acres in Corazon Valley

    40 acres in Terlingua Ranch Subdivision with incredible views.

    1010 Point- A-View Rd, Terlingua, TX 79852
    View details
    Tyler, TX Land Opportunity
    $1,100,000
    101.00 Acres

    Tyler, TX Land Opportunity

    101 acres of land in a growing East Texas market.

    1609 C R 246 S, Tyler, TX 75705
    View details
    High-Fenced Ranch Retreat Opportunity
    $7,500,000
    6,000 SF

    High-Fenced Ranch Retreat Opportunity

    185-acre ranch near Texas A&M, suitable for various ventures.

    20650 Fm 2154 Rd, College Station, TX 77845
    View details
    Texas Ranch: 368 Acres near Austin
    $5,255,704
    368.00 Acres

    Texas Ranch: 368 Acres near Austin

    Prime Texas Ranchland - Hunting & Ranching

    0 County Road 223, Kempner, TX 76539
    View details
    Highway Frontage Commercial Property
    $1,500,000
    6,920 SF

    Highway Frontage Commercial Property

    Commercial property with highway frontage, multiple buildings, and unique features.

    1498 Hwy 90 E, Marfa, TX 79843
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    Historic Canadian Commercial Building
    $270,000

    Historic Canadian Commercial Building

    Prime Location, Multi-Use Potential, High Returns

    200 3Rd St, Canadian, TX 79014
    View details
    West Texas Land with Views
    $175,000

    West Texas Land with Views

    5.42 acres near Big Bend National Park.

    23031 Fm 170, Terlingua, TX 79852
    View details

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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
    Legacy Broker Group
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