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    • Brokers

    Kelly Brooks, Waco, TX

    License ID: 0689528
    Years of Experience
    3
    Association
    Waco Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (254) 651-9267
    Office Address:
    1229 N. Valley Mills Dr., Waco, TX

    Property Types

    • Land
    • Residential

    Performance

    Listings
    71
    Total transactions
    1
    Total transactions amount
    $316k
    Price range
    $185k - 5M
    Average price
    $316k

    Listings

    For Sale (71)

    View map
    • $178,000
      10.00 Acres

      Mount Calm Ranchette Development Land

      Turn-key lot with utilities for affordable country living near Waco.
      10 Lcr 131, Mount Calm, TX 76673
      View Details
    • $1,558,900
      131.00 Acres

      Texas Ranch with Private Lake

      131-acre ranch featuring a 9-acre private lake.
      131 Tower Dr, Moody, TX 76557
      View Details
    • $441,600
      32.00 Acres

      32 Acres in Moody, Texas

      32-acre mixed-use land with panoramic views and development potential.
      32 Ac. Alexander Rd, Moody, TX 76557
      View Details
    • $120,000
      6.00 Acres

      Mount Calm Ranchette Development Land

      Turn-key 6-acre lot with utilities near Waco, Groesbeck, Mexia.
      6 Lcr 131, Mount Calm, TX 76673
      View Details
    • $120,000
      6.00 Acres

      6 Acres in Mount Calm

      Turn-key lot with utilities for affordable country living near Waco.
      6 Fm 339, Mount Calm, TX 76673
      View Details
    • $323,190
      17.10 Acres

      Unrestricted Land in Hubbard, Texas

      Unrestricted 17.1-acre land with highway frontage, suitable for mixed-use development.
      163 Hcr 3326, Hubbard, TX 76648
      View Details
    • $110,000
      6.00 Acres

      Mount Calm Ranchette Development Land

      Turn-key lot with utilities in Limestone County.
      2 Fm 339, Mount Calm, TX 76673
      View Details
    • $180,000
      10.00 Acres

      Land in Mount Calm, TX

      Ranchette development opportunity with utilities in Mount Calm, Texas.
      7 Fm 339, Mount Calm, TX 76673
      View Details
    • $180,000
      10.00 Acres

      Mount Calm Ranchette Development Land

      Turn-key lot with utilities in a growing area.
      8 Fm 339, Mount Calm, TX 76673
      View Details
    • $2,520,000
      58.84 Acres

      Riverfront Land with Brazos Access

      58.84 acres with Brazos River frontage and direct access.
      59 Acs. Grv Crk And Logue Ln, Waco, TX 76708
      View Details
    • $925,000
      102.01 Acres

      102 Acre Ranch in Axtell ISD

      102 acre ranch in Axtell ISD, minutes from Waco.
      1324 Lcr 120, Mount Calm, TX 76673
      View Details
    • $498,680
      28.00 Acres

      Scenic Acres in Axtell ISD

      28 acres near Waco, ideal for a dream home.
      980 N League Ranch Rd, Waco, TX 76705
      View Details
    • $577,800
      32.07 Acres

      Riverfront Acreage Near Valley Mills

      32+ acres with North Bosque River and highway frontage.
      32 Tx-6, Valley Mills, TX 76689
      View Details
    • $730,170
      66.50 Acres

      66.5 Acres in Moody, TX

      Residential, recreational, agricultural ranch with panoramic views in Central Texas.
      66.5 Ac. Alexander Rd, Moody, TX 76557
      View Details
    • $175,000
      10.01 Acres

      Residential Land Near Waco

      10.01 acres near Waco, McGregor, Temple-Belton and I-35.
      8070 N Lone Star Pkwy, McGregor, TX 76657
      View Details
    • $202,000
      10.00 Acres

      Gatesville, TX Treed Land

      Gorgeous, restricted 10+ acre treed lot near Gatesville, Temple, Moody.
      9 County Road 356, Gatesville, TX 76528
      View Details
    • $325,000
      10.00 Acres

      Axtell, TX Residential Land

      10 acres of prime residential land near Waco.
      1879 Longhorn Pkwy, Axtell, TX 76624
      View Details
    • $202,000
      10.00 Acres

      Treed Land in Sunset Ranch

      10+ acre treed lot near Gatesville, Temple and Moody.
      9 Cr 356 Rd, Gatesville, TX 76528
      View Details
    • $520,000
      35.00 Acres

      35 Acres of Improved Land

      35 acres of agricultural land for sale in Mount Calm.
      106 & Fm 339 Rd N, Mount Calm, TX 76673
      View Details
    • $481,800
      36.50 Acres

      36.5 Acres in Moody, TX

      Residential, recreational, and agricultural land with panoramic views.
      36.5 Ac. Alexander Rd, Moody, TX 76557
      View Details
    • $3,920,000
      112.00 Acres

      Woodway Land with Lake Views

      Sprawling 112-acre wooded tract with lake views and access.
      112 Ac. Tbd Poage Dr. & Hbr Dr, Woodway, TX 76712
      View Details
    • $202,000
      10.00 Acres

      Treed Land in Sunset Ranch

      Gorgeous, restricted 10+ acre lot near Gatesville, Temple and Moody.
      10-12 County Road 356, Gatesville, TX 76528
      View Details
    • $1,558,900
      131.00 Acres

      131-Acre Lakeside Ranch Retreat

      131-acre ranch featuring a 9-acre lake near Waco, TX.
      11 Tower Dr, Moody, TX 76557
      View Details
    • $325,000
      10.00 Acres

      Residential Land in Axtell, TX

      10 acres of prime land ready for your dream home.
      1879 Longhorn Pkwy, Axtell, TX 76624
      View Details
    • $3,740,000
      324.00 Acres

      High-Fence Hunting Retreat Near Hamilton

      324+ acre hunting retreat with diverse terrain and modern amenities.
      1782 Fm 218, Hamilton, TX 76531
      View Details
    • $252,000
      16.74 Acres

      Gatesville Land with Seller Financing

      16.74 acre homesite lot with mature oaks and ravine.
      4 County Road 265, Gatesville, TX 76528
      View Details
    • $244,200
      13.20 Acres

      13.2 Acre Ranchette Development Land

      Unimproved 13.2 acre tract ideal for building your dream home.
      00 Winchester Dr, Moody, TX 76557
      View Details
    • $253,450
      13.70 Acres

      13.7 Acres of Unimproved Land

      Ranchette development land with picturesque views and quiet rural living.
      22 Remington Cir, Moody, TX 76557
      View Details
    • $1,100,000
      50.00 Acres

      50 AC Riverfront Land Opportunity

      50 acres of riverfront property in the McGregor-Crawford area.
      50 Ac. Tbd Anderson Ln, McGregor, TX 76657
      View Details
    • $145,000
      10.01 Acres

      Riesel, TX Residential Land

      10+ acre residential land with views near Riesel, TX.
      10+/- Ac. Cr 151 Rd, Riesel, TX 76682
      View Details
    • $720,000
      18.00 Acres

      Riverfront Land in McGregor, Texas

      18-acre riverfront property with building potential in McGregor-Crawford area.
      18 Ac. Tbd Anderson Ln, McGregor, TX 76657
      View Details
    • $730,170
      66.50 Acres

      Acreage with Panoramic Central Texas Views

      66.5 acres of mixed-use land with homesite potential.
      66.5 Ac. Alexander Rd, Moody, TX 76557
      View Details
    • $246,050
      13.30 Acres

      13.3 Acres of Unimproved Land

      Ranchette development with picturesque views and quiet rural living.
      23 Remington Cir, Moody, TX 76557
      View Details
    • $1,148,000
      111.00 Acres

      Mixed-Use Land Near Crawford

      111+ acres ideal for hunting, ranching, and building a home.
      13755 N Lone Star Pkwy, Valley Mills, TX 76689
      View Details
    • $720,000
      18.00 Acres

      Riverfront Land in McGregor, TX

      18-acre riverfront property with building potential in McGregor, Texas.
      18 Ac. Tbd Anderson Ln, McGregor, TX 76657
      View Details
    • $325,000
      10.00 Acres

      Residential Land in Axtell, TX

      10 acres of prime residential land near Waco.
      1879 Longhorn Pkwy, Axtell, TX 76624
      View Details
    • $175,000
      10.01 Acres

      Residential Land Near Lone Star

      10.01 acres of prime residential land near Waco.
      8070 N Lone Star Pkwy, Moody, TX 76657
      View Details
    • $1,148,000
      111.00 Acres

      Mixed-Use Land Near Crawford

      111+/- acres ideal for hunting, ranching, and building.
      111 N Lone Star Pkwy, Valley Mills, TX 76689
      View Details
    • $1,230,656
      113.00 Acres

      113 Acres in Moody, TX

      113-acre ranch with panoramic views and versatile land use.
      112+/- Ac. Tbd Alexander Rd, Moody, TX 76557
      View Details
    • $202,000
      10.00 Acres

      Improved Land in Gatesville, TX

      10+ acre treed lot near Hwy 36, I-35, and Lake Belton.
      11 Cr 356 Rd, Gatesville, TX 76528
      View Details
    • $205,350
      11.10 Acres

      Texas Land Parcel For Sale

      11.1 acre tract ideal for building a dream home.
      07 Tower Dr, Moody, TX 76557
      View Details
    • $110,000
      6.00 Acres

      Land in Mount Calm, Texas

      Ranchette development land with utilities near Waco, Groesbeck, Mexia.
      3 Fm 339, Mount Calm, TX 76673
      View Details
    • $189,000
      5.83 Acres

      Eddy, TX Land Opportunity

      5.8 acre tract ready for your dream home.
      5.83 Ac. Tbd Hodge Rd, Eddy, TX 76524
      View Details
    • New
      $56,980
      1.17 Acres

      Tranquil 1.17-Acre Country Lot

      1.17-acre country lot near I-35 and Hwy 31.
      000 Mockingbird Dr, Mount Calm, TX 76673
      View Details
    • $1,100,000
      50.00 Acres

      50 AC Riverfront Land Opportunity

      50 acres of riverfront property in McGregor-Crawford area.
      50 Ac. Tbd Anderson Ln, McGregor, TX 76657
      View Details
    • $498,680
      28.00 Acres

      Scenic Acres in Axtell ISD

      28 acres in Axtell ISD, perfect for your dream home.
      980 N League Ranch Rd, Waco, TX 76705
      View Details
    • $208,000
      9.00 Acres

      Gorgeous Land Tracts in Gatesville, TX

      9-acre lots with utilities ready for your dream home.
      7 County Road 356, Gatesville, TX 76528
      View Details
    • $253,450
      13.70 Acres

      Picturesque Land in Moody, Texas

      Ranchette development with acreage, views, and rural living.
      22 Remington Cir, Moody, TX 76557
      View Details
    • $202,000
      10.00 Acres

      Improved Land in Gatesville, TX

      10+ acre treed lot with utilities near Hwy 36.
      12 Cr 356 Rd, Gatesville, TX 76528
      View Details
    • $394,000
      24.00 Acres

      24 Acres Recreational/Agricultural Land

      24 acres near Valley Mills with live water and highway frontage.
      24+/- Ac. Tbd Hwy 6, Valley Mills, TX 76689
      View Details
    • $602,000
      23.00 Acres

      23-Acre Land Tract in McGregor

      Exceptional land tract with creek frontage and utilities available.
      1 Tbd 23+/- Ac. New Windsor Pkwy, McGregor, TX 76657
      View Details
    • $1,048,390
      88.00 Acres

      88 Acres with Panoramic Views

      88-acre tract with panoramic views, ideal homesite, and convenient location.
      13 Tower Dr, Moody, TX 76557
      View Details
    • $206,000
      9.00 Acres

      Improved Land in Gatesville, TX

      9-acre lots with utilities near Hwy 36, I-35, and Lake Belton.
      7 Cr 356 Rd, Gatesville, TX 76528
      View Details
    • $552,000
      29.57 Acres

      Ranch with Arena and Barn

      29.57 acre ranch featuring arena, barn, and tanks.
      8932 Fm 339, Mount Calm, TX 76673
      View Details
    • $354,620
      23.80 Acres

      23.8 AC Ranchette Development Land

      Picturesque views and quiet rural living in Moody, Texas.
      18 Winchester Dr, Moody, TX 76557
      View Details
    • $178,000
      10.00 Acres

      Mount Calm Land with Utilities

      10-acre lot with utilities ready for development near Waco.
      7 Fm-339, Mount Calm, TX 76673
      View Details
    • $680,000
      26.00 Acres

      26 Acres in McGregor, Texas

      Land with creek frontage, utilities, and development potential.
      2 Tbd 26+/- Ac. New Windsor Pkwy, McGregor, TX 76657
      View Details
    • $420,000
      14.60 Acres

      Commercial Acreage on Bustling Highway

      14 acres of commercial land on State Hwy 6.
      14+/- Commercial Hwy 6 Hwy, Reagan, TX 76680
      View Details
    • $510,570
      46.50 Acres

      46.5 Acres in Moody, TX

      Mixed-use property with potential for residential, agricultural, and recreational use.
      46.5 Ac. Alexander Rd, Moody, TX 76557
      View Details
    • $120,000
      6.00 Acres

      Mount Calm Ranchette Development Land

      6-acre lot with utilities ready for development near Waco.
      6 Fm 339, Mount Calm, TX 76673
      View Details
    • $1,230,656
      46.50 Acres

      Texas Ranch with Panoramic Views

      113-acre ranch featuring farmland, tanks, and recreational potential.
      113 Ac. Alexander Rd, Moody, TX 76557
      View Details
    • $244,200
      13.20 Acres

      Picturesque Acreage in Moody, Texas

      13.2 acre ranchette development perfect for rural living.
      19 Winchester Dr, Moody, TX 76557
      View Details
    • $510,570
      46.50 Acres

      46.5 Acres of Versatile Land

      46.5 acres in Moody, TX, ideal for residential or recreational.
      46.5 Ac. Alexander Rd, Moody, TX 76557
      View Details
    • $520,000
      1,780 SF

      15.8 Acre Homestead on Deer Creek

      15.8 acre homestead with creek frontage near Eddy, Texas.
      2973 Eddy Gatesville Pkwy, Eddy, TX 76524
      View Details
    • $110,000
      6.00 Acres

      Mount Calm Ranchette Land

      Turn-key lot with utilities for affordable country living.
      1 Fm 339, Mount Calm, TX 76673
      View Details
    • $205,350
      11.10 Acres

      Picturesque Land in Moody, Texas

      11.1 acre ranchette development with views and rural living.
      6 Tower Dr, Moody, TX 76557
      View Details
    • $354,620
      23.80 Acres

      23.8 AC Ranchette Development Land

      Unimproved land with picturesque views and quiet rural living.
      00 Winchester Dr, Moody, TX 76557
      View Details
    • $246,050
      13.30 Acres

      Picturesque Land in Moody, Texas

      Large acreage properties with picturesque views and quiet rural living.
      23 Remington Cir, Moody, TX 76557
      View Details
    • $2,520,000
      58.84 Acres

      Brazos Riverfront Land Opportunity

      58.84 acres of riverfront land with direct Brazos River access.
      59 Ac. Grv Crk Dr. Logue Ln, Waco, TX 76708
      View Details
    • $175,000
      10.01 Acres

      Residential Land Near Lone Star Parkway

      10.01 acres of restricted residential land near Waco, Texas.
      8070 N Lone Star Pkwy, Moody, TX 76657
      View Details
    • $1,048,390

      88 Acres with Panoramic Views

      88 acres with panoramic views, ready for your dream build.
      88 Tower Dr, Moody, TX 76557
      View Details

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    Kelly Brooks, Waco, 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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    Kelly Brooks, Waco, TX
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