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

    1429 Wagon Trak Comstock, TX 78837

    View on Map
    Sponsored
    For Sale
    $289,000

    Acreage - Comstock, TX

    Type:Single Family Residence
    Lot size:
    104.65 Acres
    Days on Market:
    101
    Last Refresh:
    Mar 11 at 3:06 pm

    Property Features for 1429 Wagon Trak

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    None
    Exterior features
    Portable Building, Cabin, Other/See Remarks
    Lot size
    104.65 Acres

    Taxes and HOA fees

    Expense value
    105
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other
    Additional Structures
    See Remarks

    We can help!

    Listing Contact
    Lynzee Lewis

    Circle L Realty (830) 719-2799

    Listing agent Lynzee Lewis (830) 719-2799

    Listing date Nov 30, 2025

    MLS# 207377 Listing URL

    Copyright © 2026 Del Rio 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

    Texas Ranch with Solar Cabin

    Hunters Hollow Ranch, located 11.5 miles north of Comstock, Texas, off Highway 163, spans 104.65 acres along the southern edge of the Edwards Plateau in Val Verde County. Situated approximately 43 miles northwest of Del Rio, the property is near Seminole Canyon State Park, Lake Amistad National Recreation Area, the Pecos High Bridge, and Langtry. The ranch features a small cabin powered by a solar energy system, allowing for off-grid living. A travel trailer is also located on-site. A grazing lease is in place, qualifying the land for an agricultural tax exemption. The terrain includes gently rolling hills, dry arroyos, and broad draws. Native vegetation consists of mesquite, cedar, hackberry, wild persimmon, and a mix of native brush and grasses. Wildlife includes whitetail deer, Rio Grande turkey, javelina, and blue quail. The property also features a natural cave filled with water. The surrounding subdivision has historical significance, with a nearby 1800s rock home that once served as a stagecoach and wagon stop. A natural spring at the old ranch headquarters provided water for travelers, and a large stone-walled corral still stands. The property is located at 1429 Wagon Track, Comstock, TX 78837-0000.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Comstock
    County
    Val Verde
    State
    Texas
    Longitude
    -101.415
    Latitude
    29.9831

    Nearby Similar for Sale

    • $990,000
      275.00 Acres

      Texas Hunting Ranch with Home

      275-acre Comstock, TX ranch with home, utilities, and hunting infrastructure.
      Ward Rnch Rd, Comstock, TX 76943
      View Details

    FAQs

    What type of property is this?
    Ranch - 104.65-acre ranch featuring a solar-powered cabin near Comstock, Texas.
    Where is this ranch located?
    The property is located at 1429 Wagon Trak Comstock, TX.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: - Off-grid living with a reliable solar energy system and comfortable cabin.; - Natural cave with water, a rare and unique feature.; - Strong whitetail deer population and strategically designed hunting setup.
    (830) 719-2799
    Request Owner's contact information
    1429 Wagon Trak Comstock, TX 78837
    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.
    1429 Wagon Trak
    Comstock, TX 78837
    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
    1429 Wagon Trak Comstock, TX 78837
    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
    Lynzee Lewis
    (830) 719-2799
    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!