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

    155 Acre Blessing FM1862 Blessing, TX 77419

    View on Map
    For Sale
    $1,385,000

    Farm/Ranch - Blessing, TX

    Type:Farm
    Lot size:
    155.00 Acres
    Added:
    Feb 5, 2026
    Days on Market:
    56
    Last Refresh:
    Apr 2 at 6:06 am

    Property Features for 155 Acre Blessing FM1862

    General Information

    Property type
    Land
    Property subtype
    Farm
    Exterior features
    Barn(s), Corral(s), Working Pens, Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    116443
    Lot size
    155.00 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    740

    Building Details

    Architectural style
    Ranch
    Additional Structures
    Barn(s), Corral(s)

    We can help!

    Listing Contact
    Joel Grimes

    Listing agent Joel Grimes

    Listing office Sunrise Properties, LLC 333 CR 166, Bay City, TX

    Listing date Feb 5, 2026

    MLS# 3778470 Listing URL

    Copyright © 2026 Brazoria County 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

    Blessing, TX Ranch with Arena

    This 155-acre ranch in Blessing, TX, features lush green pastures and a lighted arena suitable for local rodeos or roping events. Designed for ranching, the property includes improved grazing land, two water wells, a pond, a barn, and cross fencing traps to facilitate cattle rotation between pastures. The water wells have connecting lines to provide backup water supply to adjacent properties. Additional features include loafing sheds, pipe fencing, and water lines running to each of the crossed fence paddocks. The property is suited for agricultural use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Blessing
    County
    Matagorda
    State
    Texas
    Longitude
    -96.2388
    Latitude
    28.8402

    Nearby Similar for Sale

    • $120,000
      44,344 SF

      10 Acre Tract in Blessing

      10 acre tracts for quiet country living near town.
      0 Harter Road (CR 343), Blessing, TX 77419
      View Details
    • $399,000
      67,139 SF

      Blessing, TX Farm/Ranch Property

      Country living opportunity with barn, stalls, and mature trees.
      1230 CR 462 Lubojasky, Blessing, TX 77419
      View Details
    • $154,900
      220 SF

      Recreational Property on Tres Palacios River

      Fishing cabin with RV hookups and river access.
      494 Catamaran Circle lot: 62, Blessing, TX 77419
      View Details
    • $800,000

      Blessing RV Park Investment Opportunity

      RV park with value-add potential near major industrial developments.
      457 Cr 442 Old Texas Hwy, Blessing, TX
      View Details
    • $800,000

      Blessing RV Park Opportunity

      RV park with value-add potential near South Texas Nuclear plant.
      457 Cr 442 Old Texas Hwy 35, Blessing, TX 77419
      View Details
    • $189,000
      61,419 SF

      RV Park Near Future Development

      RV park with expansion potential near upcoming industrial development.
      350 Cr 442 Old Texas Hwy 35, Blessing, TX 77419
      View Details

    FAQs

    What type of property is this?
    Ranch - 155 acre ranch featuring arena, cross-fencing, and water wells.
    Where is this ranch located?
    The property is located at 155 Acre Blessing FM1862 Blessing, TX.
    What is the asking price?
    The asking price for this property is $1,385,000.
    What are key features of this property?
    This property features: Lighted arena suitable for rodeo or roping events.; Improved grazing land with cross‑fencing for pasture rotation.; Two water wells with connecting lines for backup water supply.
    (979) 241-1705
    We can help!
    Listing Contact
    Joel Grimes
    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!