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

    121 Rawdon Tarn Rd Houston, MO 65483

    View on Map
    Sponsored
    For Sale
    $30,000

    Land - Houston, MO

    Lot size:
    0.39 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 7 at 12:06 pm

    Property Features for 121 Rawdon Tarn Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    20-0.3-05-000-002-001
    Lot size
    0.39 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shawn Witzemann

    Matt Smith Real Estate Group brokered by eXp Realty (573) 451-2020

    Listing agent Shawn Witzemann (573) 451-2020

    Listing date Mar 4, 2026

    MLS# 26009441 Listing URL

    Copyright © 2026 MARIS. 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

    Property Insight Report

    Overview

    Residential Land in Houston, MO

    Discover the opportunity to build a dream home in a brand-new subdivision in Houston, MO. These vacant lots offer a blend of peaceful surroundings and convenient access to town. Each lot provides ample space to create a home, with easy access to local schools, shopping, dining, and outdoor recreation. This subdivision offers small-town charm while still being close to everything Houston has to offer. Utilities are available, creating a welcoming setting. The available lots are approximately 0.387 acres in size. This residential land is located in Texas County, in the city of Houston, Missouri with a postal code of 65483.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Houston
    County
    Texas
    State
    Missouri
    Longitude
    -91.94757659
    Latitude
    37.33440834

    Nearby Similar for Sale

    • $65,000
      1,596 SF

      Historic Downtown Commercial Property

      Charming 1920s commercial property in historic downtown Houston, Missouri.
      210 S Grand Ave, Houston, MO 65483
      View Details
    • $440,000
      1,448 SF

      New Commercial Building on Highway

      New 1,448 SF commercial building with highway frontage.
      6790 Us Hwy 63, Houston, MO 65483
      View Details
    • $595,000
      10,500 SF

      Income Producing Retail Property

      Fully leased retail property with local and national tenants.
      1591-1593 North Us Hwy, Houston, MO
      View Details
    • $595,000
      10,500 SF

      Leased Retail Center on Highway

      100% leased retail center on US Highway 63.
      1591 Us Hwy, Houston, MO 65483
      View Details
    • Contact for pricing

      Downtown Houston Commercial Building

      8,250 SF commercial building on 0.55 acres in Houston, MO.
      105 E Walnut St, Houston, MO 65483
      View Details
    • Contact for pricing

      Versatile Commercial Building in Houston, MO

      7,900 sq ft multi-use building with development potential.
      115 W Steffens St, Houston, MO 65483
      View Details
    • $70,000

      Historic Downtown Houston Commercial Property

      Charming 1920s commercial space in historic downtown Houston, Missouri.
      210 S Grand Ave, Houston, MO 65483
      View Details
    • $99,900
      1,676 SF

      Downtown Houston Retail Gem

      Historic Charm, Modern Function, Prime Location
      210 Grand Ave, Houston, MO 65483
      View Details
    • $575,000
      2.50 Acres

      Prime Hwy 63 Restaurant & Land

      Turnkey Smokehouse, 2.5 Acres, Hwy Frontage
      8366 Highway 63, Houston, MO 65483
      View Details
    • $325,000
      12,359 SF

      Historic Houston Apartment Complex

      10-Unit Income Property, Prime Location
      211 Grand Ave, Houston, MO 65483
      View Details
    • $110,000
      0.24 Acres

      Prime Houston Commercial Building

      High-traffic location, versatile space, great value.
      408 Walnut St, Houston, MO 65483
      View Details
    • $1,100,000
      8.23 Acres

      Highway 63 Commercial Property

      Restaurant, RV Park, & Cabin on 8 Acres
      8364 Highway 63, Houston, MO 65483
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lots for building a dream home in Houston, MO.
    Where is this residential land & home lot located?
    The property is located at 121 Rawdon Tarn Rd Houston, MO.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: - Vacant lots in a brand-new subdivision, ready for building.; - Convenient access to local schools, shopping, and dining.; - Ample space to build a custom home.
    (573) 451-2020
    Request Owner's contact information
    121 Rawdon Tarn Rd Houston, MO 65483
    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.
    121 Rawdon Tarn Rd
    Houston, MO 65483
    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
    121 Rawdon Tarn Rd Houston, MO 65483
    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
    Shawn Witzemann
    (573) 451-2020
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!