Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120 -- County Rd 306 Lohn, TX 76852

    View on Map
    For Sale
    $782,616

    Ranch Land,Vacant Land, City Lots - Lohn, TX

    Lot size:
    93.00 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    47
    Last Refresh:
    Apr 5 at 11:06 am

    Property Features for 120 -- County Rd 306

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    None
    Exterior features
    Portable Building, Storage Building, Workshop
    Standard status
    Active
    Lot size
    93.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    193

    Building Details

    Architectural style
    Ranch
    Additional Structures
    Storage, Workshop

    We can help!

    Listing Contact
    Christian Babcock

    Listing agent Christian Babcock

    Listing office Midwest Land Group LLC 14105 Overbrook Rd Ste D, Leawood, TX

    Listing date Feb 17, 2026

    MLS# 101731 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.

    Overview

    Texas Hill Country Hunting Property

    Located in the heart of the Texas Hill Country, this 93 +/- acre McCulloch County hunting property is fully set up and ready to enjoy. Designed for both comfort and function, it offers everything needed for a hill country hunting camp. The property includes a 30'x30' shop, living quarters, and a restroom with a shower, providing a comfortable place to stay while still having room to store ATVs, feeders, blinds, tools, and gear. With electricity and water already on site, the property offers the convenience of modern utilities in a private setting. Multiple established stand locations are already in place. The land features Hill Country terrain with cover, natural travel corridors, and habitat for whitetail deer, hogs, dove, and other native wildlife. This property is located in McCulloch County, near Lohn, TX. It offers manageable acreage, utilities, functional improvements, and a proven hunting setup.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Lohn
    County
    McCulloch
    State
    Texas
    Longitude
    -99.383
    Latitude
    31.3366

    Nearby Similar for Sale

    • $724,750

      Lohn, TX Hunting/Recreational Land

      111 acres of hunting and recreational land with diverse habitat.
      0 -- US HWY 283, Lohn, TX 76852
      View Details
    • $2,500,000

      Texas Ranch Living at Its Finest

      530.49 acres in Lohn, Texas, ideal for farming, hunting.
      000 CR 340, Lohn, TX 76852
      View Details
    • $382,600

      McCulloch County Hunting and Recreational Land

      50+/- acre tract for hunting, recreation, or building.
      120 -- County Rd 306, Lohn, TX 76852
      View Details
    • $399,596

      Turnkey Hunting Camp Near Brady

      43-acre hunting property with improvements and mineral rights.
      120 -- County Rd 306, Lohn, TX 76852
      View Details
    • $965,178

      160-Acre Ranch Near Pear Valley

      Incredible ranch with cultivation, pasture, and recreational opportunities.
      3255 CR 340, Lohn, TX 76852
      View Details
    • $750,000
      2,336 SF

      McCulloch County Farm and Estate

      100-acre farm with a house, ponds, and amenities.
      249 CR 318, Lohn, TX 76852
      View Details

    FAQs

    What type of property is this?
    Hunting land - 93-acre hunting property in the Texas Hill Country.
    Where is this hunting land located?
    The property is located at 120 -- County Rd 306 Lohn, TX.
    What is the asking price?
    The asking price for this property is $782,616.
    What are key features of this property?
    This property features: Turn‑key 93‑acre hunting property in the Texas Hill Country, ready for immediate use.; Includes a 30'x30' shop with living quarters and a fully functioning restroom with shower.; Electricity and water are already on‑site.
    (918) 915-0869
    We can help!
    Listing Contact
    Christian Babcock
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!