Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Unrestricted Land in Fischer, Texas Title is generated by Realmo AI

    11030-11060 Fm 32, Fischer, TX 78623

    View on Map
    Claim this Listing
    For Sale
    $399,000

    LAND - Fischer, TX

    Lot size:
    4.16 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    92
    Last Refresh:
    May 23 at 8:06 am

    Property Features for 11030-11060 Fm 32

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RESIDENTIAL
    Standard status
    Active
    Lot size
    4.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5284

    We can help!

    Listing Contact
    Shane Neal

    Listing agent Shane Neal

    Listing office eXp Realty 17806 W IH 10 Ste 300, Austin, TX

    Listing date Feb 20, 2026

    MLS# 1940102 Listing URL

    Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Unrestricted 4‑acre property offering limitless potential.
    • Thoughtfully terraced land with expansive views and high usability.
    • Comprised of two separate 2‑acre tracts, providing flexibility.
    • Highway 32 frontage offers convenient access while maintaining privacy.
    • Ideal for a custom home, multiple residences, or income‑producing short‑term rentals.
    • Option to purchase with neighboring 4‑acre property featuring a farmhouse and outbuildings.

    Overview

    This property features 4 unrestricted acres in Fischer, Texas. The terraced land offers expansive views and is suitable for a custom home, multiple residences, or investment. The property has frontage along Highway 32. The land consists of two separate 2-acre tracts, allowing flexibility for additional homesites, guest quarters, or short-term rental development. The acreage may be purchased together with the neighboring 4-acre property featuring a farmhouse and outbuildings. The property is located in Central Texas. The lot size is 4.157 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Gym & Fitness Center Department Store Grocery & Convenience Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fischer
    County
    Comal
    State
    Texas
    Longitude
    -98.24263
    Latitude
    29.971781

    Nearby Similar for Sale

    • $799,000

      Unrestricted Land Near Canyon Lake

      13.48 acres with home, barn, and commercial potential.
      250 Mail Route, Fischer, TX 78623
      View Details
    • $65,000

      Texas Hill Country Land

      0.65-acre lot in Rancho Del Lago community.
      1040 Pinon, Fischer, TX 78623
      View Details
    • $99,900

      Residential Land in Stallion Springs

      0.96 acre homesite with utilities in place, Fischer, TX.
      1865 STALLION SPRINGS DR, Fischer, TX 78623
      View Details
    • $129,000

      Hill Country Homesite Opportunity

      1.42-acre homesite in gated community with panoramic views.
      1074 Madrone Road, Fischer, TX 78623
      View Details
    • $82,500

      Texas Hill Country Homesite

      1.13-acre homesite in gated community near Canyon Lake.
      806 Rutherford lot: 182, Fischer, TX 78623
      View Details
    • $80,000

      Residential Lot in Fischer, TX

      Residential lot in Rancho del Lago community, Fischer, TX.
      1465 Ironwood Rd, Fischer, TX 78623
      View Details
    • $128,000

      Land with Canyon Lake Views

      1.275 acre lot with lake views near Canyon Lake.
      TBD LOT 1 Soaring Eagle, Fischer, TX 78623
      View Details
    • $94,000

      Land in Stallion Springs, Fischer

      Land in Hill Country near FM 32 and Canyon Lake.
      2066 Stallion Springs Drive lot: 254, Fischer, TX 78623
      View Details
    • $109,900

      Residential Land in Gated Subdivision

      A little over an acre ready for your dream home.
      1319 DAVID CROCKETT, Fischer, TX 78623
      View Details
    • $100,000

      One-Acre Lot in Gated Community

      One-acre lot in Fischer, TX, ready to build on.
      125 Patriotic, Fischer, TX 78623
      View Details
    • $92,000

      Texas Hill Country Homesite

      Build-ready homesite with utilities and potential lake views.
      286 Flanders lot: 237, Fischer, TX 78623
      View Details
    • $130,000

      Land with Hill Country Views

      1.23 acres in Fischer, TX, ideal for building a home.
      TBD LOT 3 Royal Eagle, Fischer, TX 78623
      View Details

    FAQs

    What type of property is this?
    Land - 4 unrestricted acres in Fischer, TX with Hill Country charm.
    Where is this land located?
    The property is located at 11030-11060 Fm 32 Fischer, TX.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Unrestricted 4‑acre property offering limitless potential.; Thoughtfully terraced land with expansive views and high usability.; Comprised of two separate 2‑acre tracts, providing flexibility.
    (888) 519-7431
    We can help!
    Listing Contact
    Shane Neal
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11030-11060 Fm 32, Fischer, TX 78623
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!