1013 Park Prairie Road, Fayetteville, TX 78940
Residential (farm-ranch),Farm,Standard Frame - Fayetteville, TX
- Added:
- May 7, 2026
- Days on Market:
- 37
- Last Refresh:
- Jun 12 at 8:06 pm
Property Features for 1013 Park Prairie Road
General Information
- Property type
- Farm
- Property subtype
- Farm
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
- Parking features
- Carport, Garage
- Exterior features
- Barn(s), Barns, Additional_house, Additional House, Well
- Standard status
- Active
- APN
- R22746
- Size
- 2,106 SF
- Lot size
- 1.28 Acres
Utilities
- Heating system
- Central
Building Details
- Year built
- 1920
- Year renovated
- 1920
- Floors in Building
- 2
- Roof type
- Metal
- Architectural style
- Ranch
- Additional Structures
- Barn(s)
Listing agent Lisa Mayer License #370366 (979) 249-5732
Listing office ROUND TOP REAL ESTATE 101 Main St., ROUND TOP, TX (979) 249-5732
Listing date May 7, 2026
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
- Prime location close to Lake Fayette, downtown Fayetteville, and Round Top.
- Income potential with storage/boat units and three detached cabins.
- Historic charm: Beautifully preserved 1920s residence with original oak flooring and soaring ceilings.
- Spacious living: Approximately 2,106 sq ft with 3 bedrooms and 3 baths.
- 1.28 acres suitable for residential, recreational, or commercial use.
- Convenient access: Approximately 90 minutes from Houston.
Overview
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $252.7k | $120.00 |
| − Vacancy | −$93.5k | −$44.40 |
| EGI | $159.2k | $75.60 |
| − OpEx | −$83.6k | −$39.69 |
| NOI | $75.6k | $35.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Fayette
- State
- Texas
- Longitude
- -96.751283
- Latitude
- 29.946566
