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    17340 FM 1123 lot 2 Holland, TX 76534

    View on Map
    For Sale
    $369,000

    LAND - Holland, TX

    Lot size:
    13.18 Acres
    Added:
    Aug 27, 2025
    Days on Market:
    219
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for 17340 FM 1123 lot 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    A0776 Bc L S Simpson, 4 1, & A 0780 J Shole, 6, Ac
    Lot size
    13.18 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    A0776 Bc L S Simpson, 4 1, & A 0780 J Shole, 6, Acres 13.18

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    William Riehs

    Listing agent William Riehs License #0786852

    Listing office Vertical Integration Realty 21040 Highland Knolls Dr Suite 300-31, Katy, TX

    Listing date Aug 27, 2025

    MLS# 591098

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Holland, TX Land with Barn

    This 13.18-acre property is located in Holland, Texas, within Bell County. It features a two-story barn with 1,260 square feet, along with an additional 500 square feet of living quarters that include 2 bedrooms, 2 bathrooms, and a kitchen. The property is situated 2 miles from Holland, 11 miles from Salado, 17 miles from Temple, 32 miles from Georgetown, 34 miles from Killeen, 51 miles from Waco, and 59 miles from Austin. The property is located near Holland's town center, providing access to local shops and services. Electricity and water are installed and available at the barn. A septic tank is already in place to service the barn's living quarters. The property has 296 feet of county road frontage. The property's Ag Exempt status may be beneficial. Light restrictions allow for most uses while protecting the overall aesthetics and property value. Manufactured or modular homes are not permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holland
    County
    Bell
    State
    Texas
    Longitude
    -97.400416
    Latitude
    30.900002

    Nearby Similar for Sale

    • $390,000
      2,640 SF

      Holland, TX Acreage with Barn

      10.268 acres in Holland ISD with barn and utilities.
      22433 Fm 2268, Holland, TX 76534
      View Details
    • $10,680,000

      Holland, TX Working Farm/Ranch

      Working farm/ranch with high development potential near Holland, TX.
      9424 Hackberry Rd, Holland, TX 76534
      View Details

    FAQs

    What type of property is this?
    Farm - 13.18 acres in Bell County with barn and living quarters.
    Where is this farm located?
    The property is located at 17340 FM 1123 lot 2 Holland, TX.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: 13.18 acre property with beautiful views in Bell County.; Barn with **1260 sq ft plus additional 500 sq ft living quarters** (2 bed, 2 bath, kitchen).; Ag Exempt status for lower property taxes.
    (346) 660-5145
    We can help!
    Listing Contact
    William Riehs
    Real Estate License ID: 0786852
    Learn More
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    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
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