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    Enrique Lopez, Lago Vista, TX

    License ID: 407784
    Years of Experience
    30
    Languages
    English, Spanish
    Association
    Austin Board Of Realtors

    Contact details

    Phone:
    (512) 775-0762
    Office Address:
    1918 American Dr, Lago Vista, Texas, 78645

    Performance

    Listings
    11
    Total transactions
    63
    Total transactions amount
    $12M
    Price range
    $40k - 2M
    Average price
    $190k

    Listings

    For Sale (10)

    View map
    • $395,000

      Commercial Land Near Elementary School

      Commercial land for sale near an elementary school.
      20205-20207 Dawn Dr, Leander, TX 78645
      View Details
    • $400,000

      Land with TXDOT Curb Cut

      Commercial land for sale with permitted TXDOT curb cut.
      18576 Fm 1431 Hwy, Lago Vista, TX 78645
      View Details
    • $74,995

      Oversized Flat Cleared Land Lot

      Oversized flat cleared land lot with utilities available.
      7702 Dakota Cir, Leander, TX 78645
      View Details
    • $74,995

      Oversized Cleared Lot Available

      Oversized flat cleared lot with utilities in street.
      21801 Mcallister Cir, Lago Vista, TX 78645
      View Details
    • $74,995

      Oversized Flat Cleared Land Lot

      Cleared land lot with utilities available and owner financing.
      21609 Patton Dr, Lago Vista, TX 78645
      View Details
    • $74,995

      Oversized Flat Cleared Land Lot

      Oversized flat cleared land lot with utilities in street.
      2007 Coolidge Ln, Lago Vista, TX 78645
      View Details
    • $74,995

      Oversized Flat Cleared Land Lot

      Oversized flat cleared lot with utilities. Owner financing available.
      4208 Rockwood Dr, Lago Vista, TX 78645
      View Details
    • $74,995

      Oversized Flat Cleared Land Lot

      Oversized flat cleared land lot with utilities in street.
      21304 Bronco Cv, Lago Vista, TX 78645
      View Details
    • $74,995

      Oversized Flat Cleared Land Lot

      Oversized flat cleared land lot with utilities in street.
      21709 Oregon Ln, Lago Vista, TX 78645
      View Details
    • $2,000,000

      Waterfront Land with Cove Access

      Land with underwater lots, suitable for dock or boat slip.
      18201 Marshall Point Dr, Leander, TX 78645
      View Details

    For Lease (1)

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    • $550 /Mo

      Versatile Office Space Available

      Shared and private office spaces with comprehensive amenities for rent.
      1918 American Dr, Leander, TX 78645
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

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    Enrique Lopez, Lago Vista, TX
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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.

    Alternative use

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

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    Enrique Lopez, Lago Vista, TX
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