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    Paige, TX Country Estate Title is generated by Realmo AI

    179 Stiewert Lane, Paige, TX 78659

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    For Sale
    $845,000

    Residential (farm-ranch),Farm,Standard Frame - Paige, TX

    Type:Farm
    Property size:
    2,720 SF
    Lot size:
    14.72 Acres
    Price / SF:
    $310/SF
    Added:
    Mar 29, 2026
    Days on Market:
    47
    Last Refresh:
    May 14 at 6:06 pm

    Property Features for 179 Stiewert Lane

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Carport, Garage
    Exterior features
    Barn(s), Barns, Additional_house, Additional House, Pond, Pens, Private Road, Well
    Fireplace
    1
    Standard status
    Active
    APN
    61490
    Size
    2,720 SF
    Lot size
    14.72 Acres

    Utilities

    Heating system
    Central, Fireplace(s)

    Building Details

    Year built
    1981
    Year renovated
    1981
    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Lori Schultz
    Lori Schultz

    Listing agent Lori Schultz License #598121

    Listing office SCHULTZ TEXAS PROPERTIES 246 E. Austin, Giddings, TX

    Listing date Mar 29, 2026

    MLS# 153457 Listing URL

    Copyright © 2026 South Central Texas 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.

    HighLights

    • 14‑acre country estate with cross‑fencing and agricultural exemption.
    • Spacious 2,720 sq ft residence featuring 3 bedrooms, 2 bathrooms, and a flex space.
    • Features a stocked aquifer pond and views of surrounding pastureland.
    • Includes a workshop attached to a guest cabin with a bedroom, bathroom, and living space.
    • Equipped greenhouse with electricity and water utilities.
    • Living area with built‑in shelves and a wood‑burning Heatilator fireplace.

    Overview

    This 14-acre country estate in Paige, TX, features a 2,720 square foot stucco hillside residence with three bedrooms, two bathrooms, and a flex space that can serve as an office or fourth bedroom. The interior includes Saltio Mexican tile flooring, recessed lighting, and raised ceilings. The living area is spacious and bright, featuring built-in shelves and a wood-burning Heatilator fireplace. The kitchen offers ample counter and cabinet space. Custom Mexican-style steps lead to an open outdoor atrium suitable for gatherings and outdoor dining, accessible from the home. A covered front porch provides views of surrounding pastureland and a stocked aquifer pond. The property is cross-fenced with new five-strand barbed wire, supporting ongoing agricultural exemption through cattle operations. Additional amenities include an older mobile home, a workshop attached to a red guest cabin with a bedroom, bathroom, and living space. The greenhouse is equipped with electricity and water utilities. The barn, featuring a dirt floor, accommodates farming equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Paige
    County
    Bastrop
    State
    Texas
    Longitude
    -97.1537426
    Latitude
    30.2953452

    FAQs

    What type of property is this?
    Farm - 14-acre estate with 2,720 sq ft residence and agricultural amenities.
    Where is this farm located?
    The property is located at 179 Stiewert Lane Paige, TX.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: 14‑acre country estate with cross‑fencing and agricultural exemption.; Spacious 2,720 sq ft residence featuring 3 bedrooms, 2 bathrooms, and a flex space.; Features a stocked aquifer pond and views of surrounding pastureland.
    (979) 249-6869
    We can help!
    Listing Contact
    Lori Schultz
    Lori Schultz
    Real Estate License ID: 598121
    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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