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    65 Acres Fronting Interstate 10 Title is generated by Realmo AI

    TBD Interstate 10 Frontage Road, Schulenburg, TX 78956

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    Claim this Listing
    For Sale
    $1,900,000

    Acreage,Land - Schulenburg, TX

    Type:Farm
    Lot size:
    65.05 Acres
    Added:
    Apr 10, 2025
    Days on Market:
    420
    Last Refresh:
    Jun 3 at 4:06 pm

    Property Features for TBD Interstate 10 Frontage Road

    General Information

    Property type
    Land
    Property subtype
    Farm
    Parking features
    Carport
    Vegetation
    Partially Wooded, Wooded
    Exterior features
    Barn(s), Barns, Partially Wooded, Improved Pasture
    Standard status
    Active
    APN
    N/A
    Lot size
    65.05 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Claudine Brunkenhoefer

    Listing agent Claudine Brunkenhoefer License #598556

    Listing office Texas Ranch Realty P.O. Box 326, Schulenburg, TX

    Listing date Apr 10, 2025

    MLS# 151224 Listing URL

    Copyright © 2026 South Central Texas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 65.05 acres with Interstate 10 frontage and easy access, ideal for development
    • Suitable for diverse uses: retail, wholesale, housing, RV park, mobile home park, or farm/ranch
    • Schulenburg city water runs along the South boundary and a city pump station is nearby
    • Utilities available and road frontage on two sides
    • Ag Exemption in place
    • Includes a barn, pasture, fencing, and a large pond

    Overview

    This 65.05-acre property fronts Interstate 10 on the edge of the Schulenburg city limits, next to Hwy 77, offering easy access and development potential. Schulenburg city water runs along the South boundary of the property, and the city of Schulenburg also maintains a pump station at the corner of Hertel Road and Interstate 10. The land is suitable for various uses, including retail, wholesale, single housing, RV parks, mobile home parks, or farm and ranching. Improvements include a barn, pasture, and fencing. The property has an Ag Exemption. There are elevation changes and a nice large pond. Road frontage is available on two sides. The flood zone is approximately at the branch. The highest and best use for the property includes investment, commercial ventures, RV parks, apartments, and homes. Minerals are not included; surface control only. The school district is Schulenburg ISD. A reasonable current survey is available. Utilities are available. The property consists of two legal descriptions: ABS A004 ANDERSON E LG, 52.42 acres, no buildings or mobile homes; and ABS A120 ALMANSUR I LG, 12.63 acres, no buildings or mobile homes. CAD Property IDs are 41293 and 42907.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Schulenburg
    County
    Fayette
    State
    Texas
    Longitude
    -96.910591
    Latitude
    29.693382

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    FAQs

    What type of property is this?
    Commercial land - 65.05 acres ready for development with easy access.
    Where is this commercial land located?
    The property is located at TBD Interstate 10 Frontage Road Schulenburg, TX.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 65.05 acres with Interstate 10 frontage and easy access, ideal for development; Suitable for diverse uses: retail, wholesale, housing, RV park, mobile home park, or farm/ranch; Schulenburg city water runs along the South boundary and a city pump station is nearby
    (979) 561-6565
    We can help!
    Listing Contact
    Claudine Brunkenhoefer
    Real Estate License ID: 598556
    Learn More
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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.

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