Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    112 -- Star Pt Cir Blanco, TX 78606

    Sponsored
    For Sale
    $269,000

    Rural Subdivision Lots/Tracts - Rural Subdivision,Single Family Residential,Gated Subdivision

    Type:Single Family Residence
    Lot size:
    7.66 Acres
    Days on Market:
    77
    Last Refresh:
    Jan 19 at 4:06 pm

    Property Features for 112 -- Star Pt Cir

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R-1
    Exterior features
    None
    Lot size
    7.66 Acres

    Taxes and HOA fees

    Expense value
    600
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tricia Keith

    Keller Williams Realty - Austin (512) 448-4111

    Listing agent Tricia Keith (512) 448-4111

    Listing date Nov 4, 2025

    MLS# 99085 Listing URL

    Copyright © 2026 Central Hill Country 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.

    Learn more

    Overview

    Hill Country Acreage in Blanco

    This 7.66-acre lot is located along the hillside of one of the highest ridge-lines in Majestic Hills Ranch, exceeding 1,700ft in elevation. The property captures views of the surrounding Hill Country and is set at the end of a quiet cul-de-sac, offering privacy. Paved access and underground utilities are already in place. Majestic Hills Ranch is a certified Dark Sky community with a scenic park featuring a spring-fed swimming hole, private pond, and access to Blasingame Creek. Residents have access to a sports court, shaded picnic areas, and the Homestead House. The roads are ATV-friendly. Majestic Hills Ranch is a wildlife-exempt community, home to free-roaming oryx, white-tail deer, Rio Grande turkeys, and blackbuck. The property is located less than 10 minutes from downtown Blanco and the 290 Wine Trail, and 45 minutes from Austin or San Antonio. The property is intended for single family residential use.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Blanco
    County
    Blanco
    State
    Texas
    Longitude
    -98.493293304048
    Latitude
    30.056464971232

    Nearby Similar for Sale

    • $3,399,000
      15.00 Acres

      Blanco Estate: Commercial Potential

      15-acre estate with homes, lake, and commercial amenities.
      101 -- Rolling Hl Rd, Blanco, TX 78606
      View Details
    • $3,399,000
      15.00 Acres

      Luxury Estate with Commercial Potential

      15-acre estate with lake, multiple residences, and commercial amenities.
      101 -- Rolling Hl Rd, Blanco, TX 78606
      View Details
    • $1,950,000
      26.36 Acres

      Luxurious Ranch Living in Blanco, TX

      26-acre ranch featuring a modern home and guest apartment.
      147 -- Gray Wolf, Blanco, TX 78606
      View Details
    • $3,399,000
      15.00 Acres

      Blanco Estate with Lake and Cabins

      15-acre estate with lake, two homes, cabins, and commercial building.
      101 Rolling Hills Rd, Blanco, TX 78606
      View Details
    • $550,000
      0.13 Acres

      Blanco, TX Commercial Opportunity

      Freestanding building with drive-thru lanes near Hwy 281.
      401 Main St, Blanco, TX 78606
      View Details
    • $2,499,995
      51.64 Acres

      Texas Hill Country Ranch Retreat

      51-acre ranch with custom home, guest accommodations, and recreational amenities.
      270 N Rnch Rd, Blanco, TX 78606
      View Details
    • $3,850,000
      3,655 SF

      92-Acre Blanco Ranch with Lakes

      Private, refined ranch with lakes, pastures, and multiple residences.
      3758 N Us Highway 281, Blanco, TX 78606
      View Details
    • $699,000
      Pending

      Blanco Farm with Hollywood History

      Unique 10-acre Blanco property with historical significance.
      404 Red Bud Trl, Blanco, TX 78606
      View Details
    • $699,000
      2,330 SF

      Texas Hill Country Farmhouse

      Charming rock home on 10+ acres near Blanco, Texas.
      5776 Fm 165, Blanco, TX 78606
      View Details
    • $1,895,000
      1,100 SF

      Blanco, Texas Barndominium on Acreage

      Newly constructed barndominium on 13.59 acres with shop and views.
      780 Skyline Dr, Blanco, TX 78606
      View Details
    • $1,400,000
      4,400 SF

      Blanco Commercial Property on Highway

      7.763-acre commercial tract with highway frontage in Blanco, Texas.
      1698 S Us 281 Hwy, Blanco, TX 78606
      View Details
    • $1,150,000
      20.80 Acres

      20.8 Acres in Gated Community

      Secluded Hill Country property with views and usable land.
      12 Lewdele Ln, Blanco, TX 78671
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 7.66-acre lot in Majestic Hills Ranch, Blanco, TX.
    Where is this residential land & home lot located?
    The property is located at 112 -- Star Pt Cir Blanco, TX.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: - 7.66-acre lot with **wide, open Hill Country views** from a high elevation (over 1,700ft).; - Located in Majestic Hills Ranch, a certified Dark Sky community with amenities like a spring-fed swimming hole, private pond, sports court, and Homestead House.; - **Privacy and quiet setting** at the end of a cul-de-sac with paved access and underground utilities in place.
    (830) 330-0015
    Request Owner's contact information
    112 -- Star Pt Cir Blanco, TX 78606
    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.
    112 -- Star Pt Cir
    Blanco, TX 78606
    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
    112 -- Star Pt Cir Blanco, TX 78606
    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

    We can help!
    Listing Contact
    Tricia Keith
    Real Estate License ID: 0760881
    (830) 330-0015
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.