Sign Up Successful!
You now have access to more from Realmo!
    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

    175 Smith Ln La Vernia, TX 78121

    Sponsored
    For Sale
    $220,000

    LAND - La Vernia, TX

    Lot size:
    5.99 Acres
    Days on Market:
    42
    Last Refresh:
    Feb 1 at 8:06 am

    Property Features for 175 Smith Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.99 Acres

    We can help!

    Listing Contact
    Caylin Herley

    EXP Realty, LLC (888) 519-7431

    Listing agent Caylin Herley (888) 519-7431

    Listing date Dec 22, 2025

    MLS# 1928021 Listing URL

    Copyright © 2026 LERA MLS. 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

    Unrestricted Land Near La Vernia

    This property features nearly 6 acres of unrestricted land. The site is located close to schools and the city of La Vernia amenities. Utilities are potentially on site, although the buyer is responsible for verification, as an old mobile home is present. The land is suitable for a barndominium or mobile home. The property allows for country living, including chickens and other animals. Access to the land is via a short easement on Smith Lane, past two houses and a mobile home. The land is brushy and requires walking to properly assess. According to the County CAD Map, the property is located on Smith Lane in La Vernia, Texas. Possible owner financing is available with a 10-year loan, 10% down, and 8% interest.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    La Vernia
    County
    Wilson
    State
    Texas
    Longitude
    -98.121408
    Latitude
    29.336455

    Nearby Similar for Sale

    • $849,000
      2,552 SF

      Multifamily Investment Property in La Vernia

      Multifamily property with six residences and commercial warehouse on 4.748 acres.
      3557 Fm 1346, La Vernia, TX 78121
      View Details
    • $1,250,000
      4,464 SF

      La Vernia Commercial Childcare Opportunity

      Commercial property on FM 775, currently a childcare center.
      7218 Fm 775, La Vernia, TX 78121
      View Details
    • New
      $250,000
      5,000 SF

      Airplane Hangar with Runway Access

      Airplane hangar with runway access in Cibolo Sea Willow Airpark.
      215 Airpark Dr, La Vernia, TX 78121
      View Details
    • $180,000

      New Airplane Hangar For Sale

      New commercial warehouse designed for airplanes with runway access.
      463 Texas Heritage Dr, La Vernia, TX 78121
      View Details
    • $275,000

      Airplane Hangar with Runway Access

      Airplane hangar with paved runway access in Cibolo Sea Willow Airpark.
      215 Airpark Dr, La Vernia, TX 78121
      View Details
    • $275,000

      Airplane Hangar with Runway Access

      Airplane hangar with paved runway access in Cibolo Sea Willow Airpark.
      215 Air Park, La Vernia, TX 78121
      View Details
    • Contact for pricing

      Retail/Office Space For Lease

      580 sq ft space ideal for retail or office.
      4121 County Road 319, La Vernia, TX 78121
      View Details
    • $659,000

      La Vernia Specialty Property For Sale

      Specialty property available for purchase in La Vernia, Texas.
      205 Timber Pl, La Vernia, TX 78121
      View Details
    • $625,000

      La Vernia Specialty Property Available

      Specialty property for sale in La Vernia, Texas.
      132 Ash Pkwy, La Vernia, TX 78121
      View Details
    • $599,999

      La Vernia Specialty Property

      Specialty property available for sale in La Vernia, Texas.
      201 Lakeview Cir, La Vernia, TX 78121
      View Details
    • $500,000

      Sendera Crossing Land For Sale

      1.4 acres of land available in La Vernia, Texas.
      205 Sendera Xing, La Vernia, TX 78121
      View Details
    • $26,500,000

      La Vernia Agricultural Property For Sale

      Agricultural property available for purchase in La Vernia, Texas.
      8841 Fm 775, La Vernia, TX 78121
      View Details

    FAQs

    What type of property is this?
    Land - Nearly 6 acres of unrestricted land close to La Vernia.
    Where is this land located?
    The property is located at 175 Smith Ln La Vernia, TX.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Nearly 6 acres of unrestricted land; - Utilities potentially on site (buyer to verify); - Suitable for barn-dominium or mobile home
    (888) 519-7431
    Request Owner's contact information
    175 Smith Ln La Vernia, TX 78121
    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.
    175 Smith Ln
    La Vernia, TX 78121
    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
    175 Smith Ln La Vernia, TX 78121
    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
    Caylin Herley
    (888) 519-7431
    Learn more
    Google sign-in failed. Please try again or use another login method.